Singapore GST / VAT

Goods and Services Tax ('GST') was introduced into Singapore in 1994 at 3%.  It is now 7%.  All taxable supplies of goods or services are liable to GST - exceptions apply to some financial services.

Requirement to register for Singaporean GST

For foreign companies making taxable supplies in Singapore, there may be a statutory obligation to register for GST.  Once registered, non-resident traders must comply with local filing rules (see below)

Typical situations requiring a Singapore GST registration include:

Singapore GST registration threshold

There is an annual GST registration threshold of SGD 1,000,000 per annum.  It is not compulsory to register if your annual sales turnover is below this amount.

Singapore fiscal representative

A foreign company may register for GST without the requirement to form a local company; however they must appoint a Singaporean GST fiscal representative. The representative and company are jointly liable for the reporting and payment of GST to the Singaporean authorities.  In addition, the agent is responsible for all communications between the company and the Singaporean tax authorities.

Read about Singapore GST compliance here.

Latest Singaporean news

Singapore GST changes

October 6, 2018

The Ministry of Finance in Singapore is to update its proposals to reform its Goods and Services regime following a recent public consultation. The...

Singapore digital GST changes

July 11, 2018

Singapore is to consider a range of changes to its Goods and Services Tax regime. These include a consultation on the following: Imposition of...

Singapore GST on foreign e-services Jan 2020

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Singapore has updated its plans to levy its 7% Goods & Services Tax on B2B digital services provided by non-residents to consumers from 1...