Government Support Schemes

Running a law practice is essentially running a business, where staying competitive is one of the key ingredients of success. To help law practices sharpen their competitive edge, the Government has incentive schemes available that law practices can consider applying for.

The following support is available to law practices to help alleviate expenses incurred in implementing telecommuting measures as well as managing other challenges arising from the COVID-19 situation.

Financial Support
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1. Productivity Solutions Grant

The Productivity Solutions Grant (PSG) has been enhanced to support law practices looking to achieve productivity gains through a wide range of pre-scoped solutions, including IT solutions and consultancy services (e.g. job redesign). The enhanced maximum funding support level of up to 80% will be extended from 30 September 2021 to 31 March 2022.

The Support for Job Redesign under PSG (PSG-JR) encourages law practices to work with pre-approved Job Redesign (JR) consultants to redesign work processes, tasks and responsibilities. JR can support business transformation, help make jobs more productive and attractive for workers, and benefit law practices by allowing them to hire and retain good workers to support the business.

2. Enterprise Development Grant

Enterprise Development Grant (EDG)

As announced at the Budget 2021, the enhanced maximum support level of up to 80% will be extended from 30 September 2021 to 31 March 2022.

3. Enterprise Financing Scheme

Enterprise Financing Scheme (EFS)

i) SME Working Capital Loan

ii) SME Fixed Assets Loan

iii) Venture Debt Loan*

iv) Trade Loan**

v) Project Loan

vi) Mergers & Acquisitions Loan

*As announced at the Budget 2021, the EFS Venture Debt Programme has been enhanced to support the growth of later-stage enterprises. The maximum loan quantum was raised from S$5 million to S$8 million for new applications initiated from 1 April 2021.

**The enhanced EFS-Trade Loan has been extended by 6 months (from 1 April 2021 to 30 September 2021) to help enterprises with their trade financing needs. The maximum loan quantum was raised from S$5 million to S$10 million. The risk-share was also increased to 90% (from 50% and 70% for young companies) for new applications initiated from 8 April 2020 until 31 March 2021. The risk-share will be at 70% from 1 April 2021 to 30 September 2021.  

4. Temporary Bridging Loan Programme

The Temporary Bridging Loan Programme (TBLP) has been extended by 6 months, from 1 April 2021 to 30 September 2021, to provide access to working capital for business needs.

Eligible law practices may borrow up to $5 million under the TBLP, with the interest rate capped at 5% p.a., from Participating Financial Institutions (PFIs). The Government will provide 90% risk-share on these loans for new applications initiated from 8 April until 31 March 2021. From 1 April 2021 to 30 September 2021, the maximum loan quantum will be up to $3 million and the Government will provide 70% of risk-share.

Eligible law practices under the TBLP may also apply for a deferral of principal repayment to help them reduce their monthly cash outflow, subject to assessment by the PFIs.

5. Internationalisation Finance Scheme

Internationalisation Finance Scheme (IFS)

Mid-sized companies can access up to S$50 million in project financing for local and overseas development projects with the Internationalisation Finance Scheme for Non-Recourse (IFS-NR).

Enterprise Singapore co-shares default risks with Participating Financial Institutions (PFIs) to look beyond the borrowers’ balance sheet and instead rely on project income streams when extending project finance loans.

6. SkillsFuture Enterprise Credit

The SkillsFuture Enterprise Credit (SFEC) encourages employers to invest in enterprise transformation and capabilities of their employees.

Eligible law practices will receive a one-off S$10,000 credit to cover up to 90% of out-of-pocket expenses on qualifying costs for supportable initiatives, over and above the support levels of existing schemes.

7. Market Readiness Assistance Grant

Market Readiness Assistance Grant (MRA)

Small and medium enterprises (SMEs) will receive an international boost with the Market Readiness Assistance (MRA) grant to help take your business overseas.

Eligible law practices will receive the following support:

  • Up to 70% of eligible costs, capped at S$100,000 per law practice per new market from 1 April 2020 to 31 March 2023 that covers:
    • Overseas market promotion (capped at S$20,000)
    • Overseas business development (capped at S$50,000)
    • Overseas market set-up (capped at S$30,000)
  • Each application is limited to one activity in a single overseas market (e.g. market entry, or participation in a trade fair) 

Note: The MRA Grant support level of up to 70% will be extended until 31 Mar 2023.

As announced at the Budget 2021, the maximum support level of up to 80% will be extended for 6 months, until 31 March 2022. MRA will also be enhanced to include Trade Credit Insurance (TCI) as a supportable area under the overseas market set-up pillar with effect from 1 April 2021.

Manpower Support
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1. Jobs Growth Incentive

The Jobs Growth Incentive (JGI) supports employers to expand local hiring from September 2020 to September 2021 (inclusive), so as to create good and long-term jobs for locals.

The JGI will provide up to 12 months of salary support for each non-mature local hire and 18 months of salary support for each mature hire, person with disability or ex-offender hired by employers that managed to increase their local workforce1 within the qualifying window.

Employers that increase their overall local workforce between September 2020 and September 2021 (inclusive) will receive Government support. The qualifying window for new local hires will be:

  • Phase 1 of the JGI: September 2020 to February 2021
  • Phase 2 of the JGI: March 2021 to September 2021

To be eligible for the JGI, there must be an increase in overall local workforce size AND an increase in local workforce size earning ≥$1,400/month, compared to the August 2020 local workforce for Phase 1, or the February 2021 local workforce for Phase 2.

Eligible employers will automatically receive their JGI payouts, which will be computed on a monthly basis based on the employer’s mandatory CPF contributions. However, some employers may receive review letters from IRAS to further substantiate their eligibility. Eligible employers will start receiving the first JGI payout from March 2021 onwards.

1Local workforce: Singapore Citizens and Singapore Permanent Residents.

2. Jobs Support Scheme

The Jobs Support Scheme (JSS) will provide wage support to employers, helping enterprises to retain their local employees (Singapore Citizens and Permanent Residents) during this period of economic uncertainty. All active employers, except for Government organisations (local and foreign) and representative offices, are eligible for the JSS.

Announced at the Budget 2021, the JSS has been extended by up to 6 months for firms in Tiers 1 and 2 sectors, covering wages paid from April 2021 to September 2021. The support levels will be tapered based on the projected recovery of the various sectors.

3. Workfare Income Supplement

The Workfare Income Supplement (WIS) encourages eligible workers to work and build up their CPF savings for their retirement, housing and healthcare needs, by supplementing their income and retirement savings through cash payments and CPF contributions. The scheme helps to top up the salaries of lower-income workers and allows them save for retirement.

4. SGUnited Mid-Career Pathways Programme

The SGUnited Mid-Career Pathways Programme supports mid-career individuals to widen their professional networks and gain new, in-demand skills while preparing for more permanent jobs in the future. Host organisations can take mid-career individuals on attachment of up to 6 months and all attachments must begin by 31 March 2022.

Mid-career individuals will receive a monthly training allowance of up to $3,000 a month, of which the Government will fund up to 90% while the host organisation funds the remaining 10%/20% for the programme duration. All Singaporeans and Permanent Residents are eligible for the programme, with the exception of recent graduates.

The monthly training allowance provided may vary depending on the scope of the attachment.

5. SGUnited Traineeships Programme

The SGUnited Traineeships Programme aims to support those who have recently graduated or will soon be graduating from the Institute of Technical Education (ITE), Polytechnics, Universities and other private educational institutions in 2019 to 2021 (both years inclusive), to take up traineeship opportunities across various sectors.

Host organisations can onboard trainees for up to 6 months and all traineeships must begin by 31 March 2022.

The Government will co-fund 80% of the training allowance while the host organization funds the remaining 20%. The monthly training allowance provided to each trainee may vary depending on the Traineeship Scope, based on the traineeship requirements.

6. Enhanced Wage Credit Scheme

Enhanced Wage Credit Scheme (WCS)

In the Budget 2021, the scheme was further extended by one year to 2021, with the government co-funding ratio remaining at 15% and the qualifying gross wage ceiling at $5,000.

Gross monthly wage increases (at least $50) previously given in 2019 and 2020 by the same employer will continue to be co-funded if they are sustained in 2020 and 2021. All other qualifying conditions are unchanged.

Application is not required. IRAS will notify eligible employers by post of the Wage Credit payable to them by end Mar of the payout year.

Refer to the Quick Guide on the Enhancements to WCS here.

Check if your law practice is eligible for the WCS payout here.

For a summary of the relevant business support measures offered by other governments in the respective overseas markets, please click here. For enquiries on market coverage and information on the measures, please email .

The following are other incentive schemes available for law practices that are seeking to build business capabilities or are keen to expand regionally.

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1. Economic Development Board
3. SkillsFuture Study Awards

The SkillsFuture Study Award scheme is now open to the Legal sector. Eligible Singaporeans will receive a monetary award of S$5,000 upon successful application, which can be used to defray out-of-pocket expenses associated with the course that they will be taking.

Applications for these schemes will be considered on individual merits in accordance with internal guidelines and are subject to the approval of the respective Government agencies.