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Singapore Tax Information

9% GST

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

Consulting Services to Invoice

  • Strategy consulting
  • Management consulting
  • Advisory services
  • Workshop facilitation
  • Retainer arrangements
  • Project consulting

Invoice Requirements in Singapore

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

Payment Terms

Net 30 is standard. Milestone payments for large engagements.

ImmediateNet 14Net 30Net 60

Payment Methods in Singapore

Bank TransferPayNowGIROCredit CardPayPal

Consulting Invoice Tips

  • Include professional credentials
  • Break down phases clearly
  • Document deliverables
  • Consider value-based pricing
  • Reference engagement letter

Frequently Asked Questions

What tax rate applies to consulting 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 consultings in Singapore?

Common payment methods in Singapore include: Bank Transfer, PayNow, GIRO, Credit Card, PayPal. Net 30 is standard. Milestone payments for large engagements.

What should consulting invoices include in Singapore?

Your invoice should include: GST registration number, UEN, Business address, Client details. For consulting services specifically, also include: Strategy consulting, Management consulting, Advisory services.

How should consultants structure invoices?

Include engagement reference, billing period, hours or deliverables, expenses, and payment terms.

Should consultants charge for travel?

Yes, charge 50% of hourly rate for travel or include in project fee. State policy upfront.

When is GST registration required?

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