GST was introduced in Singapore since April 1994. As companies grow and expand their businesses, it has become more complex for their employees to be aware and keep abreast with the constant GST rules and regulations changes.
GOODS AND SERVICES TAX
Risk of incorrect GST declaration/non-compliance may result in significant business costs and cash flows. Hence, it would be advisable to consider out-sourced to our specialized GST team.
Startup Business
Advising and structuring of new start-up business transactions to manage/minimize GST costs and compliance
Registration
Advising, preparing and filing GST compulsory/voluntarily registration, exemption from registration, group registration, de-registration, MES application, etc.
Monthly-Quarterly Returns
Preparing and filing of GST monthly/quarterly returns.
Avoiding Penalties
Avoiding reporting pitfalls and possible penalties.
Represent Clients
Represent clients to appeal on disputes such as excessive GST imposed, waiver of penalty and request for early GST refunds.
Compliance
Provision of in-house guidance to ensure proper compliance as well as undertake the role of an ad-hoc GST consultant to your company/group.
Compliance Review
Performing GST compliance review (health check) and advising on remedial solutions.
ASK Review
Performing Assisted Self-help Kit (ASK) review, including certification of ASK declaration form for MES applications and renewals.
M&A and/or Divestment
Performing GST due diligence for merger, acquisition and divestment of business.
GST Audit / Dispute Management
Managing GST audits and advising on dispute management and the IRAS voluntary disclosure programme.
