R&D expenditure now qualify for 150% deduction with effect from YA2009 - YA2013.
The R&D may not be related to the existing business / trade.
Mr Sum Yee Loong (assuming I heard him correctly) thus advised that if you want to start a new business with some R&D activities, you should it as a division in the existing business first.
You may push the division out as a separate business later.
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