Goods & Service Tax (GST)
Goods and Services Tax (GST) compliance is a key requirement for businesses in Singapore and Malaysia. In Singapore, GST registration is mandatory for companies with an annual taxable revenue exceeding SGD 1 million. For companies below this threshold, registration is voluntary but strongly encouraged, particularly for businesses making significant purchases subject to GST, such as property acquisitions. Proper GST registration and submission ensure compliance with tax regulations, avoiding penalties and maintaining smooth operations. Efficient GST management also helps businesses claim input tax credits and optimize their tax position. Profectant provides expert advice to help companies navigate these requirements effectively.
What We Offer
GST Registration
Support in determining GST eligibility and completing registration processes.
GST Reporting
Accurate computation and reporting of GST liabilities to avoid penalties.
Input Tax Optimization
Identifying opportunities to claim eligible input tax credits effectively.
Audit Support
Representing your business during GST audits and addressing authority queries.
Ongoing Compliance Advisory
Keeping you informed of GST regulation updates in Singapore and Malaysia.
Our Credentials
Proven Expertise, Trusted Accuracy
Expertise in GST regulations in both Singapore and Malaysia.
Cloud-Powered Efficiency
Trusted by clients across industries to ensure GST compliance and accurate filings.
800+ Clients, One Trusted Partner
Proven ability to optimize input tax credits and improve cash flow management.
Supporting Businesses of All Sizes
Supported over 800 businesses with their GST registration and reporting needs.