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. Related internationalization-support changes were also announced; consult the current official source for operative rates and dates.
EDGE's final eligibility criteria have not been published. Our checker therefore returns a PSG result only and keeps the EDGE announcement as context, without producing a speculative EDGE verdict.
Does EDGE change this?
EDGE's final criteria are unpublished, so there is no confirmed operational change to the local-shareholding requirement. The announcement also discusses internationalization support for non-SMEs; consult the linked official source for current terms.
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. Re-check after EnterpriseSG publishes operational EDGE criteria.
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?
- The checker displays the support percentage and annual cap from the exact PSG ruleset version cited in your result. Final eligibility is determined solely by EnterpriseSG.
Sources · Last verified 8 August 2026