Goods and Services Tax (GST) is a value-added tax imposed on the import and supply of goods or the provision/rendering of services in Singapore. It applies to almost all kinds of goods and services except for banking and financial services, import of precious metals, and sales & leases of residential properties.
We provide end-to-end assistance for filing GST returns and ensuring compliance with all regulatory requirements. Our team also conducts GST compliance services to help businesses detect discrepancies and streamline their reporting process.
Below is the list of services we are glad to offer
- Registration for GST filing
- De-registration from GST filing
- Filing of GST return on Form 5
- Analyzing current GST compliance and suggesting the best practice for avoiding any future litigation.
- Conducting GST compliance services to ensure your records and submissions align with IRAS standards
- Providing of Self-help Kit to assist in GST compliance (ASK), which is compulsory when applying for the following schemes:
- Approved Contract Manufacturer & Trader Scheme (ACMT);
- Major Exporters Scheme (MES);
- Approved Marine Customer Scheme (AMCS);
- Approved Import GST Suspension Scheme (AISS);
- Approved Refiner & Consolidator Scheme (ARCS); and
- Import GST Deferment Scheme (IGDS).
Any other GST compliance services that we may provide from time to time at your request are billed separately, these include but not limited to the followings:
- Applying changes to tax computation, which are not foreseeable at the time of engagement
- Reply IRAS’s queries
- Provision of tax consultation on various tax matters
- Applying for tax residence status
- Applying tax incentives (E.g. Double Tax Deduction under Internalisation Scheme)
Frequently Asked Questions
GST compliance services guide businesses through every regulation set by IRAS, Singapore’s tax authority. Experts prepare returns, verify figures, and submit filings punctually. They also conduct GST compliance audits to identify errors early. This precise approach maintains structured records and protects your business from penalties or future tax disputes.
Professional GST filing services in Singapore save businesses valuable time and prevent costly errors. Skilled accountants track regulatory changes from IRAS to file returns accurately and on schedule. This reduces the risk of penalties and streamlines audits. For SMEs without in-house tax expertise, outsourcing ensures reliable GST compliance in Singapore.
Businesses with annual taxable turnover exceeding S$1 million must register for GST, while others may opt for voluntary registration. GST Registration Services guides companies through eligibility assessments, documentation, and IRAS submissions. Startups and SMEs benefit significantly from this assistance, ensuring full regulatory alignment from inception.
GST return filing in Singapore involves reporting output tax collected and input tax paid, typically on a quarterly basis. Businesses submit these filings via IRAS’s myTax Portal before the stipulated deadline. Specialists reconcile financial details, verify calculations, and submit returns, helping businesses avoid late fees and maintain accurate records.
GST compliance in Singapore encompasses return preparation, filing, and GST compliance audits. Specialists reconcile accounting records and assist businesses with IRAS’s Assisted Self-help Kit (ASK) reviews. Furthermore, these GST Registration Services review current operational practices, recommend adjustments, and support applications for schemes such as the Approved Contract Manufacturer and Trader (ACMT) Scheme.
GST compliance services identify issues prior to IRAS review. Through structured reviews and systematic checks, experts highlight discrepancies and rectify returns prior to submission. This proactive approach protects businesses from penalties, surcharges, and reputational damage.
Many SMEs delegate GST filing and compliance functions to specialised accounting firms. Engaging professional GST filing services in Singapore provides small businesses access to experienced professionals without establishing an internal tax team. Outsourcing ensures accurate, punctual submissions and continuous compliance oversight, allowing business owners to focus on core operations.
More Information on GST Services?
Simply fill up the online enquiry form below or give us a quick call at +65 6533 7393; a respective person in charge will reach out to you at the earliest convenience.