For non-GST registered businesses (including registering for GST)

Flowchart (compulsory or voluntary registration) Definition of terms used in flowchart “Taxable supplies” include local sales of goods and services, export sales and provision of international services. The following are excluded:  1) Sales and leases of residential property (exempt supplies) 2) Supplie

Flowchart (compulsory or voluntary registration)

Definition of terms used in flowchart
“Taxable supplies” include local sales of goods and services, export sales and provision of international services. The following are excluded: 

1) Sales and leases of residential property (exempt supplies)
2) Supplies of financial services (exempt supplies)
3) Out-of-scope supplies

“Out-of-scope supplies” mainly refer to sales which the goods did not enter Singapore and goods in transit. For example, a sale where the goods are delivered directly from China to India is an out-of-scope supply.

“Taxable turnover” refers to the total value of all taxable supplies made in Singapore in the course or furtherance of business. For the purpose of determining your liability for GST registration, the sale of capital assets and financial services that are also international services should be excluded from the computation.

 Flowchart for registration

 

NOTE:

A - In the event that you do not start to make such supplies, input tax claimed previously will be withdrawn if the Comptroller is not satisfied that you have the firm intention to make these supplies from the start.

When your GST registration is cancelled and you have unsold stock and business assets of which the total value is more than S$10,000, you have to account for GST on the open market value of these unsold stock and business assets in your Final GST return.  This includes non-residential properties as well as stock / assets imported under approved schemes where import GST is suspended.  You do not need to account such GST only if you did not claim the GST incurred on the purchase of these stocks and business assets or your whole business including the stock and assets has been transferred as a going concern to another GST-registered business.  

B - You must have a reasonable basis for forecasting the taxable turnover and substantiate it with supporting documents (e.g. confirmed contracts / agreements etc).

Refer to Documentation Checklist according to your type of business for the list of required supporting documents.  In addition, you may have to provide a security deposit in the form of a banker's guarantee / insurance guarantee.

C - You must be certain that the taxable turnover for the next 12 months will not be more than S$1 million.  If so, you are not required to be GST-registered.  However, you can choose to be GST-registered on a voluntary basis.

IMPT NOTE: Your effective date of registration will be backdated to the date your liability arose should your turnover be more than S$1 million within the next 12 months.

D - Please attach supporting documents to show that you are in business or have the firm intention to make taxable supplies, out-of-scope supplies or exempt supplies (financial services or supplies of investment precious metals (IPM) that qualify for zero-rating.  Refer to Documentation Checklist according to your type of business for the list of required supporting documents.

You will also need to complete the e-Learning course "GST - Before I Register" and its quiz and be on GIRO payment plan for GST payment and / or refund.

In addition, you may have to provide a security deposit in the form of a banker's guarantee / insurance guarantee.

IMPT NOTE: The Comptroller will review your application and will not register you if you are unable to substantiate your application with the required supporting documents, provide the required security deposit or do not have controls in place for proper record-keeping.

E - Please attach the GST Calculator, latest financial statement and finalised accounts to support your basis.  Refer to Documentation Checklist according to your type of business for the list of required supporting documents.  In addition, you may have to provide a security deposit in the form of a banker's guarantee / insurance guarantee.

IMPT NOTE: Your effective date of registration will be backdated to the date your liability arose.

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