Can a 100% foreign-owned company get PSG today?

No. Current PSG rules require at least 30% local shareholding. Final eligibility is determined solely by EnterpriseSG.

Will EDGE remove the local shareholding requirement?

EDGE's final criteria have not been published, and no change to the local-shareholding requirement has been announced.

Is PSG still open after the Budget 2026 announcement?

Yes. PSG, EDG and MRA remain in force until EDGE launches in the second half of 2026.

What support does PSG currently give?

50% of qualifying costs, capped at S$30,000 per company per year. Final eligibility is determined solely by EnterpriseSG.

Can a Foreign-Owned Company Get the EDGE Grant?

Shareholding is the most common disqualifier for foreign-owned companies in Singapore. Here is how the local-shareholding rule works today, and what the EDGE announcement does and does not change.

The 30% local shareholding rule today

Current PSG rules require at least 30% local (Singaporean or PR) shareholding, computed through the ultimate ownership chain. A wholly foreign-owned subsidiary does not meet this criterion, regardless of size or local operations.

What Budget 2026 changes

Budget 2026 announced that PSG, EDG and MRA will be consolidated into a single grant — EDGE — launching in the second half of 2026. The existing schemes remain in force until then. MRA support for SMEs is enhanced to 70% (1 April 2026 – 31 March 2029), and non-SMEs gain access to internationalization support at up to 50% under EDGE.

EDGE's final eligibility criteria have not been published, so the safest way to plan is to check your position under the current rules and against EDGE as announced, side by side.

Does EDGE change this?

EDGE's final criteria are unpublished, so there is no announced change to the local-shareholding requirement. One announced change does affect larger and non-SME companies: internationalization support at up to 50% becomes available to non-SMEs under EDGE.

If your shareholding is close to the 30% line, or your ownership structure is layered, check your position rather than guessing — the boundary is exact, not approximate.

Apply now or wait for EDGE?

If you qualify under today's PSG rules and have a concrete solution to buy, applying under known rules is generally the lower-risk path. Waiting means applying under criteria that are not yet final.

If you do not qualify today, the announced EDGE changes may or may not alter your position — run the free check to see both regimes side by side.

Frequently asked questions

Can a 100% foreign-owned company get PSG today?: No. Current PSG rules require at least 30% local shareholding. Final eligibility is determined solely by EnterpriseSG.
Will EDGE remove the local shareholding requirement?: EDGE's final criteria have not been published, and no change to the local-shareholding requirement has been announced.
Is PSG still open after the Budget 2026 announcement?: Yes. PSG, EDG and MRA remain in force until EDGE launches in the second half of 2026.
What support does PSG currently give?: 50% of qualifying costs, capped at S$30,000 per company per year. Final eligibility is determined solely by EnterpriseSG.