Collect tax in Asia Pacific
Learn how to collect tax in a country in Asia Pacific.
In the Asia Pacific (APAC) region, Stripe supports tax calculation for businesses making sales into a range of countries. The requirements for tax registration, as well as which types of transactions are included, vary from country to country.
For each country listed, you can find information about:
The types of tax Stripe can help you collect.
The registration threshold that determines when you’re required to register for tax collection.
What kinds of products or sales are subject to tax calculation.
The types of transactions covered.
Resources about how to register with local tax authorities.
Stripe can collect tax if your business is based in Australia, Hong Kong, Japan, New Zealand, Singapore and United Arab Emirates. To collect tax on Stripe in other listed APAC countries, your business needs to be a remote seller with no physical presence (such as a shop or warehouse).
Supported product type
All product types
Sales type
Domestic and remote sales
Tax type
GST
Official resources
Status
No transactions
Transactions included in obligations monitoring
Any taxable transaction
Registration threshold
1 million SGD (global) and 100,000 SGD (B2C sales into Singapore) per calendar year.
Threshold and registration for Singapore
Foreign sellers might opt for either the standard registration or the Overseas Vendor Registration (OVR) regime. The OVR is a simplified system designed for foreign businesses with no physical presence in Singapore, whereas standard registration is typically used by businesses with a local establishment.
Under the OVR regime, non-resident sellers must register if, within a calendar year:
- Their annual global turnover exceeds 1 million SGD; and
- Their B2C supplies of remote services (digital and non-digital) and low-value goods to customers in Singapore exceed 100,000 SGD.
Under the standard system, sellers must register for GST if their taxable sales in Singapore exceeded 1 million SGD in the past 12 months (retrospective basis) or is expected to exceed 1 million SGD in the next 12 months (prospective basis).
Supported calculations for Singapore
When both your business and your customer are in Singapore, Stripe calculates GST unless the sale is exempt or zero-rated. If you’re a remote seller and sell services to customers in Singapore, GST is typically collected on sales to individuals. No tax is charged on sales to business customers who provide their GST registration number.
If you provide services related to admission to events and other venues, Stripe Tax considers them taxable in the country where the venue or event is located.
Cross-border sales of goods to Singapore
When goods are shipped into Singapore from abroad, Stripe treats the sale as an export and doesn’t calculate tax, unless you choose to calculate tax on cross-border sales of goods into Singapore through the tax registration settings. Generally, businesses need to collect tax on these sales if they act as the importer for customs purposes. If goods are imported in the customer’s name, the sale is considered to occur outside Singapore, and no Singapore GST is due. Cross-border sales of goods into Singapore might also be subject to import taxes and customs duties in Singapore, which Stripe doesn’t calculate.
Stripe doesn’t calculate GST on sales of imported low-value goods, valued at 400 SGD or less, to individuals in Singapore unless you select the option to calculate tax on cross-border goods sales into Singapore.