GST InvoiceNow solution for Singapore

PINT is the next-generation Peppol data standard for e-invoicing, enabling seamless cross-border transactions. PINT SG is Singapore-specific PINT rules within the Peppol network that enables businesses in Singapore to exchange e-invoices and submit GST data to the IRAS.

Here's the implementation timeline for the GST InvoiceNow Requirement:

1. 1 May 2025 - Soft Launch

   Voluntary Adoption: GST-registered businesses can choose to voluntarily adopt the GST InvoiceNow Requirement. This phase allows businesses to start using the system early and familiarize themselves with the new processes.

2. 1 November 2025 - Newly Incorporated Companies

   Mandatory for New GST Registrants: Newly incorporated companies that voluntarily register for GST will be required to adopt the GST InvoiceNow Requirement. This means that any new company registering for GST after this date must use the InvoiceNow system.

3. 1 April 2026 - All New Voluntary GST Registrants

   Mandatory for All New Registrants: Regardless of the incorporation date, all new voluntary GST registrants will be required to adopt the GST InvoiceNow Requirement. This ensures that all businesses registering for GST voluntarily after this date will be using the InvoiceNow system.

In summary, the timeline starts with a voluntary adoption phase to allow businesses to gradually transition to the new system. It then becomes mandatory for newly incorporated companies registering for GST, and finally, it applies to all new voluntary GST registrants, ensuring widespread adoption of the InvoiceNow system.

GST taxpayers will be required to use InvoiceNow solutions to transmit invoice data to IRAS for tax administration, including the following transactions: 

• Standard-rated supplies, excluding reverse charge supplies

• Zero-rated supplies

• Standard-rated purchases on which input tax claims are made or will be made, excluding reverse charge purchases

• Point-of-sales supplies: businesses can choose to submit aggregated data to IRAS

The businesses below are exempted from the GST InvoiceNow Requirement: 

• Overseas entities (including overseas vendors that are registered under the Overseas Vendor Registration regime)

• Businesses registered under the Reverse Charge Regime

IMDA has released the technical specifications explaining different data flow types and data packages.  

There are six flow types from the specification. Those flows demonstrate how businesses issue and receive invoices through Peppol or traditional channels, as well as how they report B2C transactions and petty cash purchases. Pagero will support all the flow types. 

Pagero provides comprehensive support throughout your e-invoicing compliance journey:

Implementation support:

• Full implementation assistance from our dedicated team
• Project management and technical integration support
• Customized onboarding based on your needs

Ongoing compliance:

• Regular system updates to maintain compliance with changing regulations
• Multiple compliance information tiers:
  • Free regulatory updates and resource
  • Paid options for in-depth compliance analysis and bespoke advisory services

Supplier onboarding:

• Customized supplier onboarding support
• Tools to facilitate supplier communication and transition
• Training for your team to manage the onboarding process

Service levels:

• Tiered support options to match your business needs
• Dedicated account management
• Technical support with defined response times based on your service agreement

Additional services can be tailored to your specific requirements — contact us for details.

Pagero's solutions maintain robust security through multiple layers of protection. Your data is safeguarded through comprehensive data protection protocols and encrypted both in transit and at rest. We are fully GDPR compliant and adhere to strict data privacy regulations across global markets. Pagero's cloud services are ISO 27001 certified and Pagero Online is also 27701 certified, which proves the high standard of Pagero's information security and data privacy practices. Read more about our information security approach here.