GST Registration Singapore 2026: When You Must Register and How

If your Singapore business is approaching the S$1 million taxable turnover mark — or has already crossed it — GST registration is not optional. Getting it wrong means IRAS can back-date your registration, charge you GST on all historical sales you never collected, and levy fines on top. This guide explains exactly when you must [...]

Audit Reports in Singapore Just Got Personal: The New Engagement Partner Naming Rule Explained

For decades, when a Singapore company's statutory audit was completed, the audit report was signed in the name of the firm — "Ernst & Young LLP", "Deloitte & Touche LLP", or any of the hundreds of smaller audit practices registered with ACRA. The individual public accountant who actually conducted and was responsible for the engagement [...]

Running an E-Commerce Business in Singapore: Tax & Compliance Guide (2026)

Running an e-commerce business in Singapore looks deceptively simple from the outside: incorporate, plug into Shopify or a marketplace, and ship. The tax and compliance reality is much more layered. Cross-border supply rules under the Overseas Vendor Registration (OVR) regime, GST on imported low-value goods, the InvoiceNow electronic invoicing mandate, marketplace deemed-supplier rules, and the [...]

Section 13O vs 13U: Comparing Singapore Family Office Tax Incentives (2026)

For families considering a Singapore single family office (SFO), almost every conversation eventually narrows to a single question: 13O or 13U? These are the two principal fund tax incentive schemes under Sections 13O and 13U of the Income Tax Act 1947 that, when granted by the Monetary Authority of Singapore (MAS), can exempt qualifying investment [...]

Section 13O vs 13U: Comparing Singapore Family Office Tax Incentives (2026)

13O or 13U? The Question Every Family Office Faces For families establishing a Singapore family office, two tax incentive schemes dominate the conversation: Section 13O (Onshore Fund Tax Incentive) and Section 13U (Enhanced-Tier Fund Tax Incentive). Both exempt qualifying fund income from Singapore tax. Both are administered by the Monetary Authority of Singapore (MAS). But [...]

Single vs Multi-Family Office in Singapore: Costs, Pros & Cons (2026)

Single Family Office vs Multi-Family Office: The Choice That Shapes the Whole Operation For wealthy families considering a Singapore family office, the most consequential decision is rarely the tax incentive scheme — it is the structural choice between a Single Family Office (SFO) and a Multi-Family Office (MFO). The two models share the same end [...]

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