Singapore

Please Try a Different Browser

You are using an outdated browser that is not compatible with our website content. For an optimal viewing experience, please upgrade to Microsoft Edge or view our site on a different browser.

If you choose to continue using this browser, content and functionality will be limited.

Invoicing in Singapore Highlights

Singapore’s tax compliance is overseen by the Inland Revenue Authority of Singapore (IRAS), with a GST rate of 9% (effective January 2024). E-invoicing is not mandatory but encouraged under the Peppol framework since 2021 to streamline B2B transactions.

Requirements Snapshot

Tax Overview

Tax Type: GST (Goods and Services Tax)
Tax Authority: Inland Revenue Authority of Singapore (IRAS)
Current tax rates: Standard rate: 9% (effective January 2024)
Currency: Singapore Dollar (SGD)

Archival Overview

Legal archiving period: 5 years
Archive Location: Not regulated, storage abroad allowed under conditions

e-Signature Overview

e-Signature required: Not required but recommended

Business-to-Business (B2B)

Model: Centralized clearance model via InvoiceNow
e-invoicing obligations: Mandatory from November 1, 2025
B2B invoicing Government Platform: InvoiceNow
Invoice issuance requirements: Via Accredited Access Points (AP) with PINT SG capability
Invoice reception requirements: Via Accredited Access Points (AP) with PINT SG capability
B2B invoice formats: PINT SG, Peppol BIS

Business-to-Government (B2G)

e-invoicing obligations: Mandatory since 2019
B2G invoicing Government Platform: InvoiceNow
Invoice issuance requirements: Via Peppol
Invoice reception requirements: Via Peppol
B2G invoice formats: PINT SG, Peppol BIS

Related resources