What is the registration rule for different types of business entities to determine my liability to register for GST (Goods & Service Tax)?

You are required to register for GST under two conditions :

• If the taxable turnover of your company is more than S$1 million for the past 12 months.
• If the taxable turnover of your company is expected to be more than S$1 million in the next 12 months.

In case of a sole-proprietorship, the entire taxable turnover (from all sole-proprietorship businesses, vocation, provision, and trade) of sole-proprietor (individual or corporate entity) is combined. You are liable to register for GST if :

• The entire taxable turnover is more than S$1 million for the past 12 months
• The whole taxable turnover is expected to be more than S$1 million in the next 12 months.