Eurora is ready for Singapore
(Picture: Eurora / LinkedIn)
Have you heard of Singapore’s new Goods and Services Tax (GST) rules coming on January 1, 2023? Eurora can get you all set for the new scheme in as little as two hours!
➡️ From January 1, 2023, GST in Singapore will be owed on all goods, regardless of their value. We know from experience that these new regulations will disrupt the activities of many overseas businesses, forcing them to cut off their sales in Singapore.
That is why our experts gathered in Singapore at the end of September and made sure Eurora is 100% ready to help any company selling to Singapore stay fully compliant with the new legislation. To meet the projected surge in demand in the region, Eurora also plans to open a Singapore Central office by December this year. ✅
“Complying with this new regulation in the high volume, low value-per-package e-commerce market will be a challenge for merchants and logistics operators from the UK, the EU, the United States, China, and the rest of the world. Software-based solutions with a high degree of accuracy, speed, and at a low cost per package are required,” said Marko Lastik, founder and CEO of Eurora.
Do you want to know how Eurora can help you navigate the new GST regulations? Learn more here
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Florian Seikel
Managing Director
Tel. +49 162-2561001