FAQs / Does Singapore have any value added tax or general sales tax?

Yes.  The sales tax in Singapore is called Goods and Services Tax (GST).  The current GST rate is 7%.  Only GST-registered businesses are allowed to levy the GST on their sales or invoices.

Posted in: GST FAQs

Suggested Readings

Singapore General Partnership Registration Guide What is Annual General Meeting? The Business Owner’s Guide to Annual General Meetings Is it easy to open a corporate bank account in Singapore?