All GST registered companies must comply with GST rules and regulations. There are penalties for non-compliance.
We advise and assist clients in GST registrations and de-registrations. We prepare and submit GST returns to IRAS based on the Singapore GST Act; review the compliance data and GST returns for clients, advise on special and complicated transactions requiring GST reporting, foreign currencies transactions, and liaise with the Tax Authority on behalf of our clients.
We review the internal system that supports the client GST reporting; review of invoicing requirements and provide guidance and assistance assist relating to GST audits by tax authority.