The Government and Services Tax or GST is a consumption tax that is level in nearly all of the goods and services in Singapore. This is similar to the Value Added Tax or VAT in many countries. More information can be found in this link
The company is mandated to register for GST if its annual turnover surpasses S$1 million during the previous year or if the company’s expected annual turnover in the coming year surpasses S$1 million.
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