If a company or limited liability partnership or sole proprietorship reasonably expect its turnover or revenue to be more than S$ 1 million in the next 12 months, then it is liable to apply for GST registration. IRAS do allow for voluntary GST registration if entities do not expect its revenue to be more than S$1 million in the next 12 months, but there are conditions to be fulfill.
You can visit IRAS “Do I need to register for GST” at https://bit.ly/2FuWVqt for more information. We, at Max Lewis Consultants, are Accredited Tax Advisor (Income Tax and GST) that can help and advise entities to get ready the necessary documents for GST registration.
