Singapore is introducing mandatory e-invoicing and direct tax data reporting to improve tax compliance, requiring businesses to modernize their accounting systems. A phased rollout begins in May 2025, and companies must adapt to real-time tax reporting to stay compliant and avoid audit risks.
Source: www.fiscal-requirements.com
Latest Posts in "Singapore"
- Singapore Mandates E-Invoicing for Select GST-Registered Businesses Starting November 2025
- Purchasing Remote Services from Overseas Service Providers
- GST InvoiceNow Requirement- mandatory implementation has begun for some businesses
- IRAS GST Advance Ruling System Guide (12th Edition): Key Updates and Clarifications, Nov 2025
- Advance Ruling System for GST: Application Process, Eligibility, Fees, and Timelines Explained
