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Singapore Tax Information

9% GST

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

Financial Advisor Services to Invoice

  • Financial planning
  • Investment advisory
  • Retirement planning
  • Tax planning
  • Estate planning
  • Insurance review
  • Wealth management

Invoice Requirements in Singapore

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

Payment Terms

Fee-only: project-based or AUM percentage. Flat retainer for ongoing planning.

ImmediateNet 14Net 30Net 60

Payment Methods in Singapore

Bank TransferPayNowGIROCredit CardPayPal

Financial Advisor Invoice Tips

  • Include advisor registration
  • Reference advisory agreement
  • Note AUM if applicable
  • Document planning deliverables
  • Meet compliance requirements

Frequently Asked Questions

What tax rate applies to financial advisor 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 financial advisors in Singapore?

Common payment methods in Singapore include: Bank Transfer, PayNow, GIRO, Credit Card, PayPal. Fee-only: project-based or AUM percentage. Flat retainer for ongoing planning.

What should financial advisor invoices include in Singapore?

Your invoice should include: GST registration number, UEN, Business address, Client details. For financial advisor services specifically, also include: Financial planning, Investment advisory, Retirement planning.

How should financial advisors structure fees?

AUM percentage (0.5-1.5%), flat retainer, hourly, or project-based. Disclose fee structure clearly.

What compliance info should be on invoices?

Advisor registration (CFP, RIA), firm info, and fee disclosure language as required.

When is GST registration required?

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