Overseas vendor registration regime

With effect from 1 January 2020, GST will be applied to cross-border Business-to-Customer (B2C) supplies (such as supplies made to individuals and businesses that are not registered for GST in Singapore) of imported digital services through the overseas vendor registration (OVR) regime. This is to achieve parity in GST treatment regardless of whether the service is procured from overseas or locally.

Source: BDO

---

---