GST Act: Singapore Goods and Services Tax Act governing tax requirements, including GST registration requirements for businesses exceeding SGD 1 million turnover and current GST rate of 8% (increasing to 9% in 2024)
Income Tax Act: Legislation governing income taxation and record-keeping requirements, including mandatory 5-year document retention period
Employment Act: Primary legislation governing employment relationships, crucial for distinguishing between employees and independent contractors
Contract Law: Legal framework governing contractual relationships and determining independent contractor status versus employment relationships
Third-Party Contracting Regulations: Regulations governing subcontracting relationships and obligations between parties
Work Injury Compensation Act: Legislation covering work-related injuries and compensation, relevant if subcontractor works on-site
Business Registration Act: Laws governing business registration requirements and compliance for operating businesses in Singapore
Companies Act: Primary legislation governing corporate entities and their operations in Singapore
Payment Systems (Oversight) Act: Legislation governing payment systems and transactions in Singapore
Building and Construction Industry Security of Payment Act: Specific legislation for construction industry payments and disputes, applicable if involved in construction work
Electronic Transactions Act: Laws governing electronic transactions and digital signatures, relevant for electronic invoicing systems
PEPPOL E-invoicing Standards: International standards for electronic invoicing that Singapore has adopted for business-to-business transactions
