Frequently Asked Questions : Singapore GST

You need to assess if your company turnover in any past 12 months or the next 12 months is more than S$1 million. If it is, you need to register

Incorporated companies are separate legal entities. The registration liability of an incorporated company will be determined on its own. It is

“Taxable Turnover” is the total value of all taxable supplies made in Singapore (excluding Goods & Services Tax (GST)) in the course of

Goods and Services Tax (GST) is a tax on the supply of goods and services made in Singapore by a taxable person in the course or furtherance of any

A Taxable Supply is a supply of goods and services made in Singapore other than an exempt supply. Goods & Services Tax (GST) is chargeable on a

If you are late in registering for Goods & Services Tax (GST), you will be guilty of an offence and be liable on conviction to a fine up to

Goods & Services Tax (GST) is a self-assessed tax. This means that businesses are required to continually assess the need to register for GST.

There are two broad categories of exempt supply. They include the sale and lease of residential properties and financial services specified in

An Out-of-Scope Supply is a supply which is not made in Singapore (for example, sale of goods from China to India where the goods do not enter

Voluntary Goods & Services Tax (GST) registration is allowed if: Your annual turnover is not more than $1 million; You only supply goods

Once you are liable to register, you are required to inform the Comptroller for Goods & Services Tax (GST) within 30 days from the date your