Introduction: Understanding Your GST Obligations In Singapore’s tax-efficient landscape, the Goods and Services Tax (GST) is a broad-based consumption tax levied on the import of
Introduction: Managing Cross-Border Payments When a Singapore-based business pays a non-resident individual or company for services, royalties, or interest, it triggers a specific tax obligation
Introduction: De-mystifying the Audit Process For many business owners in Singapore, receiving a notification from the Inland Revenue Authority of Singapore (IRAS) regarding an audit
Introduction: The Speed of Modern Commerce In the world’s leading financial hubs, speed is the ultimate currency. For businesses in Singapore, the ability to move
In a period of evolving economic conditions and the implementation of the 9% GST rate, the Singapore government remains committed to supporting citizens through the
In Singapore’s tax ecosystem, the Goods and Services Tax (GST) is designed to be a tax on consumption, not on businesses. To ensure this, the
For many aspiring entrepreneurs in the Lion City, the path to business ownership begins with a Sole Proprietorship. It is the simplest and most cost-effective
In Singapore’s business ecosystem, the Goods and Services Tax (GST) is a fundamental part of the economy. For any business that crosses the revenue threshold
For Singaporean businesses engaged in international trade, the Goods and Services Tax (GST) system offers a significant advantage known as zero-rating. While the standard GST
In the rigorous financial environment of Singapore, accuracy isn’t just a goal—it’s a regulatory requirement. While most businesses are familiar with Credit Notes for returns