Consumer Protection (Fair Trading) Act: Governs requirements for clear and accurate documentation of transactions and ensures transparency in business transactions
Goods and Services Tax Act: Regulates GST registration number requirements, proper GST amount calculation (currently 8%), and GST-related documentation requirements
Income Tax Act: Specifies record-keeping requirements for tax purposes and requirements for business documentation
Electronic Transactions Act: Governs the issuance of electronic receipts and establishes legal validity of electronic records
Companies Act: Establishes business identification requirements and legal business name display requirements
Currency Act: Regulates proper denomination of Singapore currency and legal tender considerations
ACRA Regulations: Specifies business registration information requirements and record-keeping standards
Receipt Number Requirement: Mandatory inclusion of sequential receipt number for transaction tracking and record-keeping
Business Information Display: Requirement to display business name, registration number, and contact information
Transaction Details: Mandatory inclusion of date, amount received, payment method, and description of goods/services
GST Documentation: Requirements for displaying GST registration number and GST amount where applicable
