Singapore’s Peppol-based e-invoicing system, launched in May 2025, becomes mandatory for new GST registrants from November 2025 and fully enforced by April 2026. Businesses are urged to adopt early via InvoiceNow, IMDA’s national platform. E-invoicing providers help ensure IRAS compliance, secure document handling, and cross-border readiness.
Singapore Starts Phased Rollout of Mandatory E-Invoicing
Public
Other countries
Author: Ljubica Blagojević
Category:
General subject related
Views:
1163
Content accuracy validation date:
09.06.2025
Content accuracy validation time:
13:50h
Important Components:
- InvoiceNow: The national e-invoicing platform managed by IMDA, allowing businesses to submit e-invoices directly to IRAS.
- Peppol 5-corner model: Connects buyers, suppliers, access points, and tax authorities for seamless e-invoice exchange.
Role of E-Invoicing Solution Providers:
- Help with submission, formatting, and compliance with IRAS requirements.
- Ensure document security, proper structure, and automated transmission.
- Facilitate international trade by handling cross-border invoice formats and processes.
Must-Have Features:
- Certification: Providers must be IMDA-accredited to ensure Peppol compatibility and data security.
- Test Capability: Access to demos or test environments to evaluate functionality.
- System Integration: Compatibility with your existing ERP or invoicing systems.
- Reliable Support: Responsive customer service during and after implementation.
- Scalability: Ability to handle growing transaction volumes and regulatory changes.
With e-invoicing set to become mandatory for new GST registrants, Singaporean businesses should act now. Choosing a reliable, certified provider ensures compliance, reduces manual workload, and supports seamless cross-border transactions.
Other news from Other countries
Thailand's e-Tax Invoice System: A Digital Transition for Business Documents
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
An e–Tax Invoice is a digital tax invoice that replaces paper documents, regulated by Ministerial Regulation No. 384, the Electronic Transactions Act, and ICT Standard Recommendation No. 3-2560. Thailand offers two types: e–Tax Invoice & e–Receipt for all businesses, requiring a Digital Signature and Electronic Certificate, and e–Tax Invoice by Email for small businesses (≤ THB 30 million), verifi... Read more
UAE E-Invoicing: Important Facts & Preparation Guide
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
In the UAE, businesses must adopt e-invoicing by July 2026, requiring updates to systems for compliance with Federal Tax Authority rules. E-invoices need structured data, and all VAT invoices must meet specific format requirements to avoid penalties and ensure accurate reporting. In the UAE, VAT is going fully digital with mandatory e-invoicing, a major shift requiring businesses to upgrade billin... Read more
Overview of Colombia's E-Invoicing & E-Reporting Regulations
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
All VAT-registered entities in Colombia must issue electronic invoices for B2B, B2C, and B2G transactions, with foreign firms required to comply if VAT-registered. Exports have special e-invoices, while imports from non-invoicing suppliers are documented via “support documents.” Nearly all taxable transactions are electronically recorded. Key milestones span from 1995’s legal recognition to 2025’s... Read more
Australia E-Invoicing via Peppol
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
Australia employs the Peppol network with a phased, voluntary approach to e-invoicing. B2G transactions with federal agencies are mandatory since 1 July 2022. While B2B adoption is encouraged, it remains non-compulsory. Federal agencies must process ≥30% of invoices via e-invoicing by 1 July 2026. The Australian Taxation Office oversees the network but does not handle individual invoices. E-invoic... Read more
North Macedonia to Launch E-Invoicing Pilot on January 1, 2026
Public
Other countries
Author: Ema Stamenković
Other countries
Author: Ema Stamenković
e-Faktura reform enhances invoicing, improves VAT compliance, reduces evasion. In June 2025, the Ministry of Finance and the Public Revenue Office introduced the e-Faktura reform, which aims to modernize invoicing by providing a centralized, real-time platform. With a pilot program starting on January 1, 2026, and mandatory adoption by the third quarter of 2026, the system seeks to enhance value-... Read more
China's New VAT Rules Reshape Gold Market: Higher Costs for Jewellery
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
China introduced new VAT rules for the gold market from 1 November 2025 to 31 December 2027. Gold traded directly on the Shanghai Gold Exchange remains VAT-exempt, but when physical gold is withdrawn, treatment now differs: investment gold keeps the 13% VAT on value-added, while jewellery production can only deduct 6% instead of 13%. This raises jewellery manufacturing and retail costs, likely sof... Read more
Philippines: Export-Oriented Enterprises Get VAT Zero-Rating and Exemption Under CREATE MORE Law
Public
Other countries
Author: Ljubica Blagojević
Other countries
Author: Ljubica Blagojević
The CREATE MORE law allows export-oriented enterprises (EOEs) to enjoy VAT zero-rating on local purchases and VAT exemption on importations even without registration for other tax incentives, provided they meet the 70% export sales threshold from the previous year. The goods or services purchased must be directly necessary for export activities, and a wide range of services can qualify. If the ent... Read more