What you need to know
VAT Singapore: The indirect tax system in Singapore is GST. VAT is due on any supply of goods or services rendered within the territorial scope of Singapore where there is a taxable supply by a taxable person in the course or furtherance of any business carried on by him. Note that if certain supplies of goods or services are made by a non-established supplier, GST will be remitted by the customer
VAT is due upon the importation of goods into Singapore.
- Appointing a tax agent is mandatory
- VAT registration threshold-SGD 1m
- Filing-Monthly or quarterly
- Returns due-1 month after period end