Singapore VAT / Sales Tax
Detailed vat / sales tax rates and rules for Singapore in 2026.
Singapore's Goods and Services Tax (GST) is a broad-based consumption tax levied on the import of goods and the supply of goods and services in Singapore. The standard GST rate is 9%, effective from January 1, 2024 (increased from 8% in 2023, and 7% prior to that). Certain supplies are zero-rated, including exports and prescribed international services, while some financial services and the sale or lease of residential property are exempt from GST.
Standard Rate
9%
Registration Threshold
SGD 1,000,000 in annual taxable turnover (mandatory registration)
Reduced Rates
How Singapore VAT / Sales Tax compares
Singapore’s standard VAT / sales tax rate of 9% is the 158th highest of 203 countries TaxAtlas tracks, below the global average of 13.7% and Asia’s regional average of 9.6%.