Overseas vendor registration regime: Singapore’s goods and services tax on the digital economy

• Main Authors: KOH, Annie, CHEAH, Sin Mei, SUWARDY, Themin
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2024
• Subjects: E-commerce; Consumption; Tariffs; Regulatory compliance; Digital platforms; Tax planning; Accounting; Asian Studies; E-Commerce
• Online Access: https://ink.library.smu.edu.sg/cases_coll_all/505; https://cmp-shop.smu.edu.sg/products/overseas-vendor-registration-regime-singapore-s-goods-and-services-tax-on-the-digital-economy?variant=42376084979754
• Institution: Singapore Management University

In 2023, Singapore introduced a Goods and Services Tax (GST) on low-value goods (LVG) costing SGD$400 or below. Under the Overseas Vendor Registration (OVR) regime, GST-registered overseas suppliers of LVG to consumers in Singapore must charge and collect GST at the prevailing rate (9% as of 2024)....