Category: 3. Business

  • Guide to completing GST registration form

    Documents Remarks 

    If you have logged in via Company/ Business Tax:

    1. Latest updated copy of ACRA Business Profile (including ACRA Business Profile for each sole-proprietorship business owned)

    If you have logged in via Personal Tax:

    1. Certificate or License issued by relevant approving Authority(ies), if Sole-proprietorship business(es) is not registered with ACRA

    You may obtain a copy of the business profile from Bizfile, if you are registered with ACRA.

    If you have selected “Yes” for “I have issued invoice(s) for the supplies made” in Question 4 of “Main Form – Business Activities” section, you will be asked to provide:

    2. Copies of 3 recent invoices (including shipping documents) issued to your customers OR all invoices if you have issued less than 3 invoices to your customers

     

    If you have selected “Yes” for “I have issued invoice(s) for the supplies made” in Question 4 of “Main Form – Business Activities” section, you will be asked to provide:

    3. Listing of your sales/ revenue for the past 2 months and the listing should include Date of Invoice, Invoice number, Name of Customer, Description of sales, Invoice amount

     

    If you have selected “Yes” for “I have made business purchase(s)” in Question 5 of “Main Form – Business Activities” section, you will be asked to provide:

    4. Copies of 3 recent purchase/ suppliers’ invoices received, including shipping documents OR all invoices if you have made less than 3 business purchases

    Please provide copies of 3 recent purchase invoice and the relevant including shipping documents (if any).

    If you have selected “Yes” for “I have made business purchase(s)” in Question 5 of “Main Form – Business Activities” section, you will be asked to provide:

    5. Listing of your business purchases for the past 2 months and the listing should include Date of Invoice, Invoice number, Name of Supplier, Supplier’s GST Registration number, Description of purchase, Invoice amount
    excluding GST and GST amount

     

    If you have selected “Yes” for “I have obtained a license/ permit/ approval from the relevant authorities to operate my business activities” in Question 3 of “Main Form – Business Activities” section, you will be asked to provide:

    6. Copy of License/ Permit/ Approval from relevant authorities to operate business activities This does not include your ACRA Bizfile.

    If you have selected “No” for either:

    • “I have issued invoice(s) for the supplies made” in Question 4 of “Main Form – Business Activities” section; or
    • “I have made business purchase(s)” in Question 5 of “Main Form – Business Activities” section

    You will be asked to provide:

    7. A detailed description of your business plan including how the products and services would be purchased and delivered/ provided, how your business would be financed, a list of your potential/confirmed suppliers and
    customers.

     

    If you have selected “Yes” for “Was the business(es) taken over from another GST-registered person as a going concern?” in Question 2 of “Main Form – Business Profile” section, you will be asked to provide:

    8. Copy of agreement(s) or document(s) supporting the transfer of business Please refer to Transferring businesses for more information.

    If you have selected “Yes” for “I have documents to support my forecast” in Question 2b of “Main Form – Details of My Taxable Supplies” section, you will be asked to provide:

    9. Copy of the signed contract(s), accepted tender/quotation, confirmed purchase order(s), document(s) on transfer or acquisition of business & other documents supporting your forecasted taxable supplies in the next
    12 months (You will only be registered on a compulsory basis if the documents provided show that your taxable supplies in the next 12 months will exceed S$1M)

    Please refer to the section on “Prospective view” on Do I need to register for GST for
    more information.

    If you have selected “I purchase imported services from overseas persons and/ or low-value goods” in Question 2 of “Main Form – Business Activities” section, you will be asked to provide:

    10. Copy of 1 recent overseas invoice received from your supplier

    Please refer to the section on “If you are a non-GST registered business” under “Reverse charge for B2B imports” on Local businesses importing services and importing or supplying low-value goods for more information.

    If you have selected “Yes” for “I have documents to support my forecast” in Question 1d of “Main Form – Details of My Imported Services and Low-Value Goods” section, you will be asked to provide:

     

    11. Copy of the signed purchase contract(s) & other document(s) supporting your forecasted Imported Services in the next 12 months (You will only be registered on a compulsory basis if the documents provided show that your Imported
    Services in the next 12 months will exceed S$1M)

    Please refer to the section on “If you are a non-GST registered business” under “Reverse charge for B2B imports” on Local businesses importing services and importing or supplying low-value goods for more information.

    If you are registering for GST voluntarily, you will be asked to provide:

     

    12. Acknowledgement page from the e-Learning Course “Overview of GST”

     

     

    To get a copy of the acknowledgement page from the e-learning course “Overview of GST”, you must complete the quiz. At the results page, you will be asked to enter
    your particulars as follows:

    • Your Name
    • Your Designation
    • Business name
    • Organisation ID

    After you have submitted your particulars, please click on the “Save as PDF” button.

    If you have selected “No” for “My Company owns the following sole-proprietorship business(es)” in Question 1 of “Main Form – Business Profile”, you will be asked to provide:

    13. Complete list of businesses which are not shown at Business Profile page

     

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  • Levene Energy Secures $64M Facility from Afreximbank to Acquire Strategic Stake in Axxela Limited


    Abuja, Nigeria – 9th January 2026 –African Export-Import Bank (Afreximbank) has provided a USD 64 million Acquisition Finance Facility to Levene Energy Development Limited. The facility supports Levene Energy’s equity commitment to Bluecore Gas Infraco Limited (the “Acquirer”) enabling the acquisition of a 30% equity stake in Axxela Limited, one of West Africa’s leading gas and power infrastructure companies.

    This landmark transaction provides Levene Energy with direct entry into Nigeria’s regulated midstream and downstream gas sectors. It marks a significant diversification from its core oil and refined petroleum products trading business into stable, long-term infrastructure-backed earnings, reflecting Levene Energy’s objective to transition to a fully integrated energy company with recurring revenue streams anchored on infrastructure-backed assets.

    Beyond its commercial significance, the investment supports regional energy transition goals by expanding access to natural gas. Axxela is strategically positioned to lead Nigeria’s energy transition through its investments in gas infrastructure, power generation, and cleaner energy solutions. With a robust project pipeline, strong regional partnerships, and a restructured business model, Axxela is well equipped to deliver sustainable growth and deepen its impact across West Africa’s energy landscape.

    Commenting on the financing, Afreximbank’s Executive Vice President for Global Trade Bank, Mr. Haytham Elmaayergi, highlighted the transaction’s significance, that it is aligned to Afreximbank’s strategic financing priorities under its Leadership in Global Trade Banking, Intra-African Trade, and Industrialisation Pillars. “Our core strength lies in the strategic partnerships we forge with African champions. This deal reflects the Bank’s commitment to promoting private sector investment into critical infrastructure, fostering energy security across Africa and strengthening regional value chains in oil and gas. By backing Levene Energy’s strategic move into gas infrastructure, we are supporting the critical transition to cleaner energy sources, enhancing regional energy security, and strengthening intra-African value chains.”

    Commenting on the acquisition, the Head of Corporate Development, Levene Energy, Mr. Sam Aofolaju noted that the Afreximbank facility support is a catalyst for Levene Energy’s strategic growth focus moving beyond commodity trading to renewable (solar power) and now into the backbone of West Africa’s gas and power infrastructure—an essential pillar of the continent’s clean‑energy transition. The financing from Afreximbank not only validates our vision but underscores our shared belief that resilient, locally‑owned infrastructure is the foundation for lasting economic development across Africa.

    The partnership between Afreximbank and Levene Energy dates to 2019, beginning with trade finance facilities. It has since evolved into a strategic collaboration supporting Levene’s transformation from a downstream operator into a major pan-African trader and now, a gas infrastructure investor.

    Ends

    About Afreximbank

    African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa2), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB-). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt.

    For more information, visit: www.afreximbank.com

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    Afreximbank Media Contact:

    Vincent Musumba

    Communications and Events Manager (Media Relations)

    Email: press@afreximbank.com

    About Levene Energy Group

    Levene Energy Group is an African-born global energy company committed to delivering integrated solutions across the oil, gas, and renewable energy value chain. Established with a vision to power Africa’s industrial growth, Levene has evolved from a leading commodity trader into a diversified energy player with operations spanning trading, upstream services, engineering, and clean energy development.

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  • VGP's Benchmark Green Bond Issuance Extends Debt Maturities – Fitch Ratings

    1. VGP’s Benchmark Green Bond Issuance Extends Debt Maturities  Fitch Ratings
    2. VGP NV launches €500 million green bond offering with stabilization  Investing.com
    3. VGP successfully issues € 600 million senior unsecured 6-year green bonds  GlobeNewswire
    4. VGP NV Announces the Launch of a Capped Cash Tender Offer for its Outstanding Green Bonds Due 17 January 2027 and the Intention to Concurrently Issue New Green Bonds  MarketScreener

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  • Dollar Hits One-Month High Ahead of US Payrolls: Markets Wrap – Bloomberg.com

    1. Dollar Hits One-Month High Ahead of US Payrolls: Markets Wrap  Bloomberg.com
    2. Dollar advances with US jobs data, Supreme Court ruling in view  Business Recorder
    3. FX Today: Focus shifts to US Nonfarm Payrolls  FXStreet
    4. Some Gains for the Dollar Ahead of 2026’s First NFP  FXEmpire
    5. U.S. Dollar Analysis: DXY Rebounds Ahead of the NFP Release  FOREX.com

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  • House prices and rents went up in Q3 2025 – News articles

    House prices and rents went up in Q3 2025 – News articles

    In the third quarter of 2025, house prices in the EU went up by 5.5%, while rents increased by 3.1%, compared with the third quarter of 2024.

    Compared with the second quarter of 2025, house prices increased by 1.6% and rents by 0.9%. 

    This information comes from data on house prices and rents published by Eurostat today. This article presents the main findings from the more detailed Statistics Explained article on housing price statistics.

    House prices and rents in the EU followed a similar behaviour between 2010 and the second quarter of 2011 but have since evolved differently. While rents have increased steadily, house prices have followed a more variable pattern, combining periods of decline, stagnation and rapid increases. During the last decade, between 2015 and the third quarter of 2025, house prices in the EU increased by 63.6% and rents by 21.1%.

    Source datasets: prc_hpi_q and prc_hicp_midx

    As regards national data, when comparing the third quarter of 2025 with 2015, house prices increased more than rents in 25 of the EU countries for which data are available. Over this period, house prices more than tripled in Hungary (+275%) and have more than doubled in 11 countries, with the largest increases seen in Portugal (+169%), Lithuania (+162%) and Bulgaria (+156%). Finland was the only country where house prices decreased during this period (-2%).   

    During the same period, rents increased in all the 27 EU countries, with the highest rise registered in Hungary (+107%), followed by Lithuania (+85%), Slovenia (+76%), Poland (+75%) and Ireland (+74%).

    House prices and rents, change between 2015 and Q3 2025. Bar chart - Click below to see the full dataset.

    Source datasets: prc_hpi_a, prc_hpi_q, prc_hicp_aind, prc_hicp_midx

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  • Atos Announces a Strategic Partnership with the World DanceSport Federation to Drive its Technological Evolution

    Atos Announces a Strategic Partnership with the World DanceSport Federation to Drive its Technological Evolution

    Paris, France, January 9, 2026

    Atos, a global leader in secure, AI-driven digital transformation, is proud to announce a strategic partnership with the World DanceSport Federation (WDSF) to accelerate the technology evolution of DanceSport worldwide. This landmark collaboration marks a milestone for both organizations, combining Atos’ expertise in digital innovation with WDSF’s commitment to expanding and enhancing the DanceSport experience for athletes, fans and stakeholders.

    The World DanceSport Federation (WDSF) is the internationally recognized governing body for DanceSport, officially recognized by the International Olympic Committee (IOC). Founded in 1957 and headquartered in Lausanne, Switzerland, WDSF brings together 99 national member bodies across five continents and oversees a diverse portfolio of dance disciplines, competitions and development programs.

    A Landmark Collaboration

    Through this partnership, Atos and WDSF will launch several technology-driven projects designed to elevate DanceSport on an international scale.

    Key focus areas include digital ticketing and distribution, competition services, data-driven insights, and innovative fan engagement solutions, supporting WDSF’s long-term digital strategy.

    The first major initiative delivered under this partnership was the development of a customized ticketing and distribution platform for the WDSF DanceSport Festival, held from 11 to 13 April 2025 at the historic Empress Ballroom, Winter Gardens, Blackpool. The platform’s immediate impact was evident for WDSF, with a huge increase in the number of tickets sold within the first 12 hours of launch, setting a new benchmark for efficiency and accessibility in event management.

    Following this successful first deployment, Atos and WDSF will continue to collaborate on ticketing and digital services for upcoming major events, including the WDSF DanceSport Festival in Blackpool in 2026, scheduled from 25 to 29 March, as well as ticket sales for the 2026 Brisbane World Breaking DanceSport Festival, taking place on 17 and 18 January 2026, a landmark event for Breaking in Australia and part of WDSF’s broader ambition to further develop the discipline following its successful Olympic debut at Paris 2024.

    Driving Innovation and Growth

    Atos seeks to embrace the core values of DanceSport, reinforcing its commitment to innovation and excellence as a strategic partner of WDSF. The collaboration will continue to deliver cutting-edge digital solutions, including smart competition management, enhanced broadcast solutions, and innovative fan engagement platforms. These initiatives aim to expand the global reach of DanceSport and ensure the sport remains at the forefront of technological progress. Atos’ expertise in data analytics, artificial intelligence, and immersive digital experiences opens new possibilities for DanceSport, preserving its essence while embracing the future.

    We are thrilled to join forces with the WDSF to drive the digital transformation of DanceSport. This partnership reflects our commitment to innovation, excellence, and supporting the global sports community with cutting-edge technology. Together with WDSF, we are opening new horizons for athletes and fans, ensuring DanceSport continues to grow and inspire all its stakeholders” said Nacho Moros, Head of Major Events, Atos.

    This partnership with Atos marks a significant milestone in our mission to expand the reach and impact of DanceSport. By integrating advanced technology into our competitions and athlete experiences, we are not only enhancing the sport’s accessibility and appeal but also setting new standards for innovation and excellence worldwide” added Shawn Tay, WDSF President.

    Atos has maintained a dedicated Sports and Major Events division for more than 30 years. This experience in delivering innovative solutions for the world’s most prestigious competitions enables Atos to provide the flexibility and technological excellence required for all types of events—from local tournaments to major global showcases. Leading this commitment is its role as UEFA’s Official IT Partner for National Team Football since late 2022, as well as its long-standing relationship with the Olympic and Paralympic Movements since 1992 and 2002 respectively, providing advanced IT services through the successful Paris 2024 Olympic and Paralympic Games. Most recently, Atos became CONMEBOL’s Official Innovation Partner, which will focus on South American football’s domestic-club competitions.

    Download the PDF document

    ***

    About Atos Group

    Atos Group is a global leader in digital transformation with c. 67,000 employees and annual revenue of c. €10 billion, operating in 61 countries under two brands — Atos for services and Eviden for products. European number one in cybersecurity, cloud and high performance computing, Atos Group is committed to a secure and decarbonized future and provides tailored AI-powered, end-to-end solutions for all industries. Atos Group is the brand under which Atos SE (Societas Europaea) operates. Atos SE is listed on Euronext Paris.

    The purpose of Atos Group is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

     

    Press Contact

    Laurent Massicot | laurent.massicot@atos.net

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  • Scientists develop stronger, longer-lasting perovskite solar cells

    Scientists develop stronger, longer-lasting perovskite solar cells

    The study, published today in the journal Science, focuses on understanding how the chemical structure of the amidinium ligand controls the formation of the low-dimensional perovskite phase atop the conventional three-dimensional perovskite.

    These highly ordered layers form a smooth, stable protective layer that prevents tiny defects from forming, allowing electrical charges to flow more efficiently and preventing the devices from degrading under heat or light.

    Using this approach, the team developed solar cells with a power conversion efficiency of 25.4%, while maintaining over 95% of performance after 1,100 hours of continuous operation at 85°C under full sunlight.

    Professor Anthopoulos said: “Perovskite solar cells are seen as a cheaper, lightweight and flexible alternative to traditional silicon panels, but they have faced challenges with long-term stability. Current state-of-the-art perovskite materials are known to be unstable under heat or light, causing the cells to degrade faster. The amidinium ligands we’ve developed, and the new knowledge gained, allow the controlled growth of high-quality, stable perovskite layers. This could overcome one of the last major hurdles facing perovskite solar cell technology and ensure it lasts long enough for large-scale deployment.” 

    This research was published in the journal Science

    Full title: Multivalent ligands regulate dimensional engineering for inverted perovskite solar modules

    DOI: 10.1126/science.aea0656

    URL: https://www.science.org/doi/10.1126/science.aea0656 

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  • MAS Proposes Legislative and Regulatory Changes to Facilitate Dual Listings on Global Listing Board

    MAS Proposes Legislative and Regulatory Changes to Facilitate Dual Listings on Global Listing Board

    Singapore, 9 January 2026… The Monetary Authority of Singapore (MAS) is seeking feedback on proposed amendments to the Securities and Futures Act 2001 (SFA) and draft regulations to facilitate dual listings on the Global Listing Board (GLB). The GLB, to be set up for the purpose of dual listings on SGX and Nasdaq, was announced on 19 November 2025. The proposed amendments aim to minimise friction for dual listings in three ways – to enable the use of a single prospectus; to align initial public offering (IPO) timelines between the U.S. and Singapore; and to permit issuers to conduct certain activities in a manner similar to practices in the U.S., such as when making forward-looking statements.

    2. The regulations will streamline the listing process for issuers seeking a dual listing on the Global Listing Board.

    a. The use of a single set of offer documents will be facilitated by requiring that the Singapore prospectus contains information that is in line with that already required for listing in the U.S. 
     
    b. Alignment of the IPO timeline between the U.S. and Singapore will be facilitated by shortening the registration process in Singapore. 

    3. The regulations will also include safe harbour provisions in line with practices in the U.S. market to facilitate the publishing of forward-looking statements, the undertaking of share repurchases and the execution of pre-determined trades. These safe harbours do not provide a valid defence against fraud or dishonesty and will only apply if certain conditions are met.

    4. The proposed amendments to the SFA provide MAS with the flexibility to, should future opportunities arise, adopt a similar streamlined regulatory framework for dual listings from jurisdictions that have disclosure requirements that are comparable to and in line with international disclosure standards.

    5. Aside from the above, MAS is proposing other amendments to facilitate the offering process for all listings. The key amendment is to permit issuers to engage retail investors earlier in the IPO process. This will support bookbuilding efforts, as well as give investors more time to familiarise themselves with the issuers and their intended offers. Specifically for issuers seeking a dual listing on the Global Listing Board, the proposal will allow them to align the timing of their engagement with retail investors in both the U.S. and Singapore. 

    6. MAS and SGX will make the final decision on all listings and prospectus registrations in Singapore. MAS will also continue to work with the relevant authorities in Singapore to investigate and take action against breaches of disclosure requirements and market misconduct occurring in Singapore under the SFA. 

    7. SGX RegCo has issued a consultation paper dated 9 January 2026 to seek feedback on the listing rule book for the Global Listing Board.


    8. MAS invites views and suggestions from interested parties on the proposals set out in the consultation paper which is available here . Comments may be submitted via the FormSG link by 8 February 2026.

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  • Consultation Paper on Proposed Amendments to the Securities and Futures Act and Regulations in Relation to the Global Listing Board

    Consultation Paper on Proposed Amendments to the Securities and Futures Act and Regulations in Relation to the Global Listing Board



    This consultation paper seeks feedback on proposed amendments to the Securities and Futures Act 2001 and draft regulations to facilitate dual listings on the Global Listing Board.

    Consultation Number:


    P001-2026


    Start Date:


    09 January 2026


    Closing Date:


    08 February 2026




    This consultation closes at 11.59 PM on 8 February 2026.


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  • Asset Management Solutions for Financial Growth and Stabilit

    This paper focuses on gender equality in credit investing and practical steps to close the persistent data gap.

    Gender inequality remains a major barrier on inclusive growth and economic resilience, especially in emerging markets. Gender equality is both an economic and investment imperative:

    it has the potential to boost global GDP by over 20%.

    Despite this, the gender-focused bond market represents less than 2% of the sustainable bonds.

    However, this segment is growing rapidly, from around USD5 billion outstanding in 2020 to nearly $15 billion by the end of 2023.

    A major challenge to market growth is the lack of gender-specific KPIs in many gender-focused sustainable bonds: only 5% of these bonds include outcome-level indicators.

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