Corporate Compliance, Taxation

Should I Voluntarily Register my Company for GST?

Posted on by prelude
24
Nov
[su_p4]

Should I voluntarily register my company for GST?

GST registration is required only if:
• Turnover is more than S$1 million for the past 12 months; or
• Turnover is expected to exceed S$1 million for the next 12 months
However, a company may still voluntarily register for GST. The factors listed out below are some of the key factors a company should consider before deciding on whether to voluntarily register for GST.

prelude