Knowing the corporate tax due date in Singapore is essential for every company. Unlike some tax systems where businesses have one annual deadline, Singapore companies generally need to manage two corporate income tax filing obligations: Estimated Chargeable Income (ECI) Form C-S, Form C-S (Lite) or Form C There is also a separate deadline for paying the corporate income tax assessed by IRAS. Missing one deadline can create unnecessary compliance issues, penalties, or additional administrative...

Singapore businesses are increasingly moving toward digital invoicing through InvoiceNow, the nationwide e-invoicing network based on the Peppol framework. To help businesses make the transition, the Singapore government has introduced InvoiceNow grants that can help eligible businesses offset the cost of adopting InvoiceNow-ready solutions or connecting existing systems to the network. For SMEs, this can make the transition to e-invoicing more manageable — especially when combined with cloud...

E-invoicing is becoming mandatory and required by IRAS as part of doing business in Singapore. Through InvoiceNow, Singapore businesses can send and receive structured digital invoices through a nationwide e-invoicing network based on the Peppol standard. For GST-registered businesses, the change is even more significant. IRAS is progressively introducing the GST InvoiceNow Requirement, under which GST-registered businesses will be required to transmit relevant invoice data to IRAS using...