Programmes & schemes for market expansion
Singapore’s Bilateral Agreements with India
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Singapore–India Free Trade Agreement
The bilateral Singapore–India Free Trade Agreement, known as the India-Singapore Comprehensive Economic Cooperation Agreement (CECA), signed between India and Singapore enhances Singapore-based companies' access to the vast Indian market and boosts bilateral trade and investment.
Free Trade Agreements are treaties which make trade and investment between two or more economies easier. In addition to tariff elimination, CECA provides a more open and predictable business environment across a range of areas in both countries.
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ASEAN–India Free Trade Area (AIFTA)
The bilateral AIFTA signed between India and ASEAN enhances ASEAN-based companies' access to the Indian market and boosts bilateral trade and investment.
As a member state of ASEAN, Singapore is part of the ASEAN Free Trade Area. Through the establishment of the ASEAN–India Free Trade Area (AIFTA), Singapore and India have eliminated or reduced tariffs for 90% of the goods traded between ASEAN and India.
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Singapore–India Double Tax Avoidance Agreements (DTAs)
DTAs provide relief from double taxation in the situation where income is subject to tax for both countries.
The provisions of the DTA apply to persons who are residents of one or both of the Contracting States. Please refer to IRAS for more information.
