Collect tax in Singapore
Learn how to use Stripe Tax to calculate, collect, and report tax in Singapore.
In Singapore, Stripe Tax supports calculation and collection of GST.
When to register for tax collection
See Thresholds to get insights about your potential tax registration obligations in Singapore. Stripe also notifies you with email and Dashboard alerts when you need to register to collect tax. Learn more about how the monitoring tool works.
Remote sellers must register for GST if the Singaporean taxable turnover exceeded 1 million SGD in the past 12 months (retrospective basis) or is likely to exceed 1 million SGD in the next 12 months (prospective basis).
A special registration rule applies to remote sellers of digital services. As of 1 Jan 2020, non-resident suppliers must register under the Overseas Vendor Registration regime if in a calendar year:
- They have a global turnover exceeding 1 million SGD.
- They make B2C supplies of digital services to customers in Singapore exceeding 100,000 SGD. Global turnover refers to all supplies made that would be taxable supplies if made in Singapore.
Stripe only monitors the 100,000 SGD threshold of the Overseas Vendor Registration.
Domestic Registration
Threshold: 1 million SGD
Time frame: Previous or current year.
Included transactions: Any taxable transactions that reverse charge doesn’t apply to.
Overseas Vendor Registration
Threshold: 100,000 SGD and 1 million SGD (global turnover)
Time frame: Calendar year.
Included transactions: For the 100,000 SGD threshold, any taxable transactions that:
- Is either a digital good or an electronically supplied service
- Is a B2C transaction
Register to collect tax
Find more information on how to register for GST in Singapore on the government website:
After you’ve registered to collect tax in Singapore, go to Registrations to add your registrations to Stripe in the Dashboard. This turns on tax calculation and collection in Stripe for your transactions in Singapore.
Learn more about how to add your registration in the Dashboard.
How we calculate taxes
Stripe calculates GST for your transactions in Singapore.
Generally, most transactions are taxable in the jurisdiction where your customer is. Stripe assumes the sale of most goods or services to be taxable unless specifically exempted.
Report and file your taxes
Stripe provides reports of your completed tax transactions. Go to Registrations to access these reports. Learn more about the different types of reports.
You’re responsible for filing and remitting your taxes to Singapore. Stripe doesn’t file taxes on your behalf. However, we do have trusted partners who can help manage your filing and remittance.