by The Raffles Corporate Services Editorial Team | Aug 17, 2026 | GST, Running Your Company
Singapore is moving its GST system onto a digital, real-time footing. Under the GST InvoiceNow requirement, GST-registered businesses will send invoice data to IRAS automatically through the nationwide InvoiceNow network, which is built on the international Peppol...
by The Raffles Corporate Services Editorial Team | Aug 9, 2026 | GST, Tax
When one company buys another company’s business — the trade, the equipment, the stock, the customer contracts — the natural assumption is that GST applies to the sale, just as it would on any other supply of goods. For a GST-registered seller, that would mean...
by The Raffles Corporate Services Editorial Team | Aug 6, 2026 | Growing Your Company, GST
Singapore markets itself as a logistics hub, and a great deal of the cargo that flows through the country never actually belongs to the local company handling it. Third-party logistics operators store, pick, pack, and re-export goods owned by overseas clients. Under...
by The Raffles Corporate Services Editorial Team | Aug 6, 2026 | GST, Running Your Company
If you buy and sell used goods for a living, GST can feel like a trap. You often buy stock from members of the public or from non-GST-registered sellers, so there is no input tax to claim. Yet when you resell, the default rule says you must charge 9% GST on the full...
by The Raffles Corporate Services Editorial Team | Aug 5, 2026 | Growing Your Company, GST
Most exporters picture a container leaving the port when they think about zero-rated exports. But plenty of high-value goods, jewellery, watches, electronics, precision parts, leave Singapore in a traveller’s hand luggage, carried out through Changi Airport by...
by The Raffles Corporate Services Editorial Team | Aug 4, 2026 | Growing Your Company, GST
Most GST-registered businesses account for GST on an invoice basis: you must declare and pay the GST on a sale as soon as you issue the invoice, even if the customer has not yet paid you. For a small business that gives customers 30, 60 or 90 days to settle, that can...
