What are the requirements to register voluntarily for GST?

A business can apply to register GST voluntarily if it fulfills all the requirements for voluntary registration. The requirements for voluntary GST registration are:

• The annual turnover of the company must not be more than S$1 million. The supplies made by the business are taxable.
• The business is only involved in making out-of-scope supplies. It means the company only supplies goods that do not enter Singapore or the goods in transit.
• The business makes exempt supplies of international financial services.
• The business procures services from foreign service providers.