GST Registration and Filing Services
Whether your Singapore company is required to register for GST depends on the value of your taxable turnover for GST purposes.
GST registration is compulsory if:
- Your taxable supplies of goods and services is more than S$1 million for the past calendar year and
- If you can reasonably expect your taxable turnover in the next 12 months to be more than S$1 million.
Companies will be required to apply for GST within 30 days from the date your liability to register arose.
However, a company can still register for GST on a voluntary basis even if the taxable turnover is below S$1 million. If you wish to register for GST on a voluntary basis, we would recommend that you conduct a cost-benefit analysis as being a GST registered company will have additional workload on the company’s business and reporting.
GST Services Fees
|Type of GST Service||Fee|
|GST Voluntary Registration||$500.00|
|Applying Exemption From GST Registration||$300.00|
|GST F5 Reporting and Filing*||fr $150.00/quarter|
*(Note: GST F5 Reporting and Filing is offered if you have engaged for bookkeeping, check out our bookkeeping services fees)
What is GST to You?
Voluntary GST Registration
E-Learning Course or Seminar
There is another course namely, “Overview of GST” which a business owner, partner, director, or trustee will take that happens after the registration and lasts for a quarter of a year. A choice to complete the course is open either through e-learning or through the seminar.
You may skip these e-learning courses if you have experience managing other GST registered businesses in Singapore or the person who prepares your GST returns is an Accredited Tax Advisers (ATA) or Accredited Tax Practitioners (ATP)