Income Tax Act: Singapore legislation governing income documentation, GST registration requirements if applicable, and record keeping obligations for tax purposes
Goods and Services Tax Act: Legislation covering GST requirements for businesses with turnover exceeding SGD 1 million, proper GST reporting format, and current GST rate (8%) application
Employment Act: Law ensuring clear distinction between freelance and employment relationships, preventing invoice formats that suggest employer-employee relationships
IRAS Requirements: Inland Revenue Authority of Singapore requirements for invoice content, minimum 5-year record keeping duration, and mandatory information for tax purposes
Electronic Transactions Act: Legislation governing requirements for electronic invoices and digital signature validity in Singapore
Contract Law: Basic legal framework governing valid invoices as commercial documents, including payment terms and conditions
Invoice Number Requirement: Mandatory unique identifier for each invoice for tracking and compliance purposes
Date Requirement: Mandatory inclusion of invoice date for record-keeping and payment tracking
Freelancer Details Requirement: Mandatory inclusion of freelancer's name, address, and registration number (if applicable)
Client Details Requirement: Mandatory inclusion of client's identification and contact information
Service Description Requirement: Clear and detailed description of services provided
Rate Documentation Requirement: Documentation of hours worked and hourly rate applied
Payment Terms Requirement: Clear statement of payment terms and conditions
Banking Details Requirement: Inclusion of bank account information for payment processing
GST Registration Requirement: Inclusion of GST registration number if applicable
