GST Act: Singapore's Goods and Services Tax Act which governs the implementation and regulation of consumption tax on goods and services. Critical for invoice requirements regarding GST registration numbers and tax calculations.
Income Tax Act: Governs taxation of income in Singapore, relevant for record-keeping requirements and tax reporting obligations related to remittances.
Companies Act: Primary legislation governing corporate entities in Singapore, specifying requirements for business documentation and corporate information that must appear on invoices.
Business Names Registration Act 2014: Regulates the registration and use of business names in Singapore, relevant for proper business identification on invoices.
Electronic Transactions Act: Provides legal framework for electronic transactions and digital signatures, important for electronic invoicing and digital documentation.
Payment Services Act 2019: Regulates payment systems and payment service providers in Singapore, relevant for remittance services and cross-border payments.
MAS Guidelines on Payment Services: Regulatory guidelines issued by the Monetary Authority of Singapore governing payment services and remittance businesses.
Cross-border Transfer Regulations: Regulations governing international money transfers and reporting requirements for cross-border transactions.
Currency and Exchanges Act: Legislation governing currency transactions and foreign exchange dealings in Singapore.
MAS Notice 626: Guidelines on Prevention of Money Laundering and Countering the Financing of Terrorism, specifying documentation requirements for financial transactions.
Contract Law: Common law principles governing contractual relationships and agreements in Singapore, relevant for terms and conditions in invoices.
