ICV Voucher (Innovation & Capability Voucher)

With effect from 1 November 2015, Singapore SMEs need to engage pre-qualified Integrated Solution Providers (ISP) when applying for ICV support for any Integrated Solution.

We are proud to announce that Times Software Pte Ltd is a pre-qualified Integrated Solution Provider for

  • Human Resource E-Scheduling System

Each SME will be able to apply up to a maximum of two vouchers, each valued at SGD $5000 to implement Times Software System.

All local SMEs can apply for ICV if they meet the following criteria:

  • Registered and operating in Singapore
  • Have a minimum of 30% local shareholding
  • Have group annual turnover of not more than $100 million OR group employment size of not more than 200 employees

For more information, please visit SPRING Singapore website.

Productivity and Innovation Credit Scheme (PIC)

Businesses will be able to tap on to the PIC Scheme to implement Times Software System.

Under the PIC Scheme, businesses can enjoy

  • 400% tax deductions / allowances and/or
  • 60% cash payout for investments

made in any of the Six Qualifying Activities from the Years of Assessment (YAs) 2013 to 2018.

For more information, please visit IRAS website.