Singapore Businesses in Good Stead to Lead Anti-Piracy Efforts Through PIC Scheme

SingaporeBusinessesin Good Stead to Lead Anti-Piracy Efforts Through PIC Scheme Following the release of the Global Software Piracy Study, Singapore firms are in good stead to enjoy substantial tax credit under the PIC Scheme when they invest in authentic... More

SingaporeBusinessesin Good Stead to Lead Anti-Piracy Efforts Through PIC Scheme Following the release of the Global Software Piracy Study, Singapore firms are in good stead to enjoy substantial tax credit under the PIC Scheme when they invest in authentic instead of pirated software, says company formation specialist Rikvin According to the recently-published Global Software Piracy Study by Ipsos Public Affairs, IDC and the Business Software Association (BSA), 33% of programs used in Singapore offices and homes last year were pirated. Furthermore, the study furnished that business decision makers are more likely than other users to use pirated software more frequently and are more likely to install software for one computer on other computers in the office. At the same time, the commercial value of unlicensed software has increased to US$255 million last year. Singapore company registration specialist Rikvin has observed that Singapore firms, especially small businesses that are con Less