At Infinigent, the journey of career development is more than just a professional trajectory—it's an adventure filled with growth, learning, and endless possibilities. With our commitment to fostering innovation and nurturing talent, we invite you to embark on a rewarding journey toward success with us.nfinigent isn't just a workplace; it's a dynamic ecosystem that values passion, dedication, and individuality. Here, your skills are not just recognized; they're celebrated and honed to their fullest potential. We believe that every individual brings a unique set of talents and perspectives to the table, contributing to our collective success.
Your bookkeeper and accountant will take note of your financial statements and provide timely advice when it is time for your company to register for GST. To apply for GST, you can submit your applications online via myTax Portal using your CorpPass. You will also need your ACRA Business Profile. Depending on your industry, you may or may not require additional supporting documents for the application. IRAS will take about 10 working days to process your application. During the review process, IRAS may request for documents such as invoices and contracts. Upon approval, IRAS will send a letter of notification, including your GST registration number and the effective date of GST registration. Once you are a GST registered business, you will need to charge and account for 7% GST when doing business transactions. GST returns must be submitted within 1 month from the end of each accounting period. GST returns will comprise both output tax (the GST collected from customers) and input tax (the GST paid to suppliers). If output tax is higher than input tax, the difference will have to be paid to IRAS. If vice versa, IRAS will refund the difference.