SG Goods and services tax (GST) Rates Singapore — Goods and services tax (GST)

General VAT Rate Other Rates Local Currency
7% 0% Dollar (SGD)

Singapore's general VAT rate is 7%, with other rates including 0% that can apply to certain transactions. The Goods and services tax (GST) is administered by the Inland Revenue Authority of Singapore (IRAS) (http://www.iras.gov.sg) in Singapore.

Visitors to Singapore can qualify for a VAT refund on all purchases made for export - learn more about Singapore VAT refunds here.

Singapore is a member of the ASEAN trading bloc, which may affect international VAT collection and regulations.

Singapore's consumption tax is called the Goods and services tax (GST), which was introduced in April 1994.


Singapore GST rates for 2017

Standard
7%
Other
Zero-rated (0%) and exempt

Singapore GST number format

Businesses in Singapore that are required to collect tax will be issued an identification number. Tax identification numbers can be verified with the Inland Revenue Authority of Singapore (IRAS), and will follow a certain format. The GST number format is .

Local
M2-1234567-8, MR-1234567-8 and 19-9012345-X
Nonresident
F2-1234567-D

Singapore GST return periods

Businesses in Singapore that are required to collect tax from consumers must file regular tax returns with the Inland Revenue Authority of Singapore (IRAS) in Singapore. Singapore's GST return periods are:

Quarterly

Monthly (optional, subject to approval by GST Comptroller) Semiannual (voluntary, subject to approval by GST Comptroller)


Singapore Goods and services tax (GST) Thresholds

These are the revenue thresholds at which businesses in Singapore are required to start collecting and remitting tax.

Registration
SGD1 million

Recovery of GST by non-established businesses

Non-established businesses are small, unincorporated businesses that sell taxable goods and may consist of a single individual, or several. In Singapore, taxation of a non-established business is: No (unless the non-established business is registered for GST in Singapore)


Singapore VAT Refunds

Singapore has a VAT refund program that allows tourists and others to receive a refund of any Singapore VAT paid on goods purchased in Singapore that are being exported from the country.

The minimum purchase amount needed to claim a VAT refund is €100.00 Euros (which would yield a VAT refund of about €7). SalesTaxHandbook has detailed information about Singapore's VAT refund program:

Learn More About Singapore VAT Refunds

SG Goods and services tax (GST) Rates Singapore Tax Sources & Citations

  • EN: Singapore Value Added Tax
  • RU: НДС Сингапур
  • CN: 新加坡 增值税
Note: This page is intended to be a simple overview of Singapore's consumption tax structure, is provided as-is, and is not legal advice. Please let us know if any of the Singapore tax information on this page is incorrect or out of date.
Citations:
  1. Singapore Inland Revenue Authority of Singapore (IRAS) (http://www.iras.gov.sg)
  2. Ernst & Young global VAT tax study, Singapore (updated 2017)

  3. ← Back to World VAT Rates
** This Document Provided By SalesTaxHandbook **
Source: http://world.salestaxhandbook.com/sg-singapore