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Singapore Tax Information

9% GST

GST is 9% (2024). Registration mandatory above S$1 million turnover. UEN required.

Blockchain Developer Services to Invoice

  • Smart contracts
  • DApp development
  • Token creation
  • Security audits
  • Web3 integration
  • NFT development
  • Protocol work

Invoice Requirements in Singapore

GST registration number
UEN
Business address
Client details
GST amount
Total in SGD

Payment Terms

Milestone payments. Consider accepting crypto payments with specified tokens.

ImmediateNet 14Net 30Net 60

Payment Methods in Singapore

Bank TransferPayNowGIROCredit CardPayPal

Blockchain Developer Invoice Tips

  • Reference contract addresses
  • Include audit reports
  • Document gas costs
  • Note testnet vs mainnet
  • Track deployment fees

Frequently Asked Questions

What tax rate applies to blockchain developer invoices in Singapore?

Singapore has 9% GST. GST is 9% (2024). Registration mandatory above S$1 million turnover. UEN required.

What payment methods are common for blockchain developers in Singapore?

Common payment methods in Singapore include: Bank Transfer, PayNow, GIRO, Credit Card, PayPal. Milestone payments. Consider accepting crypto payments with specified tokens.

What should blockchain developer invoices include in Singapore?

Your invoice should include: GST registration number, UEN, Business address, Client details. For blockchain developer services specifically, also include: Smart contracts, DApp development, Token creation.

Should blockchain devs accept crypto?

Many do. Specify accepted tokens and wallet addresses clearly.

How to handle gas fees?

Pass through at cost or include estimate in project pricing.

When is GST registration required?

Mandatory if taxable turnover exceeds S$1 million in 12 months.