GST Registration in Singapore | gst registration number中文
Thispostisalsoavailablein:简体中文(Chinese(Simplified))[1]GSTRegistration CompanyGSTRegistrationinSingaporeWhenitcomestodoingbusinessinSingapore,acompanywillberequiredtoregisterforGST[2](GoodsandServicesTax)onacompulsorybasisprovidedthecompanyfulfilsthesetworequirements:Thecompanyistaxableiftheturnoverforthepast4quartersofthecompanyhasbeenmorethan$1million,andifthecompanyisnotcertainthattheturnoverwillnotexceed$1millionwithinthenext12monthsThecompanyistaxableifthecompanyisreasonablyexpecting...
This post is also available in: 简体中文 (Chinese (Simplified))[1]
GST RegistrationCompany GST Registration in Singapore
When it comes to doing business in Singapore, a company will be required to register for GST[2] (Goods and Services Tax) on a compulsory basis provided the company fulfils these two requirements:
The company is taxable if the turnover for the past 4 quarters of the company has been more than $1 million, and if the company is not certain that the turnover will not exceed $1 million within the next 12 months The company is taxable if the company is reasonably expecting the taxable turnover to exceed $1 million in the next 12 months.Companies will be required to apply for GST within 30 days from the date of the company’s registration. In Singapore, a company is still allowed to register for GST on a voluntary basis even if the turnover is below the expected $1 million. For companies who wish to do...