Corporate Partner Sze- Hui Goh was quoted in the Business Times article titled "Tech talent programmes, R&D tax perks top startups' wishlist"

Eversheds Harry Elias Corporate Partner Sze- Hui Goh was quoted in the Business Times article titled "Tech talent programmes, R&D tax perks top startups' wishlist". The article was first published on 14 February 2019.

Tech talent programmes, R&D tax perks top startups' wishlist

Below is an excerpt from the article which features comments from Sze- Hui Goh:

As the local startup scene matures, industry players hope that this year's Budget will provide more support for talent, innovation and growing the pool of venture capitalists and angel investors.

"....Sze-Hui Goh, a partner at Eversheds Harry Elias, believes that more R&D tax incentives would be a welcome relief for her startup clients. Singapore could take a leaf from New Zealand, for instance, which recently introduced a Bill proposing that tech companies receive a tax credit worth 15 per cent of their eligible R&D expenditure, which can be carried forward to later years if there is no tax to offset.

Beyond individual schemes, the endgame matters. One concern is how the exit environment is "restricted to M&As for VC-backed startups", said Ms Goh of Eversheds Harry Elias."

Full article can be found here

Source: The Business Times

Author: Sharanya Pillai, Claudia Hong