Goods and Services Tax (GST) Act: Governs GST requirements including GST registration number display, proper tax calculation (8%), and tax invoice format requirements for Singapore businesses
Companies Act: Regulates company registration details and business name display requirements in business documents including invoices
ACRA Requirements: Specifies business identification and address display requirements as per Accounting and Corporate Regulatory Authority guidelines
Electronic Transactions Act: Covers requirements for electronic invoices and digital signature compliance in Singapore
Income Tax Act: Specifies record keeping requirements and necessary information for tax reporting purposes in business documents
Consumer Protection (Fair Trading) Act: Ensures clear pricing, payment terms, and transparent description of goods/services in business transactions
Invoice Number Requirement: mandatory sequential invoice numbering system for proper record keeping and audit trails
Business Details Requirement: mandatory inclusion of full legal business name, registration number, and GST registration number (if applicable)
Transaction Details Requirement: Clear itemization of goods/services, price breakdown, and GST amount (if applicable)
Payment Information Requirement: Inclusion of payment terms, conditions, and business contact information
