With Cygnet’s e-Invoicing solution as your trusted partner, you can effortlessly generate, exchange, and process e-Invoices
Important dates
| Date | Phase |
|---|---|
| From 1st May, 2025 | As a part of a soft launch, voluntary adoption for all GST-registered business |
| From 1st Nov 2025 | For the newly incorporated company that registers for GST voluntarily. |
| From 1st April 2026 | For all new voluntary GST registrants. |
Important Regulations
Singapore’s IRAS has introduced e-invoicing via InvoiceNow for GST-registered businesses, starting May 1, 2025. Launched under IMDA’s initiative to digitize invoicing, this phased rollout aims to reduce manual errors and accelerate processing.
InvoiceNow is built on the PEPPOL CTC framework, enabling real-time tax controls, standardized invoice formats, and smoother GST compliance. SMEs can connect directly, while larger enterprises are supported through IMDA-approved Access Point Providers. A B2G mandate is also on the horizon
GST InvoiceNow Requirements
Transactions required to use InvoiceNow solutions to report invoices to IRAS are as follows:
- Standard-rated supplies, excluding Reverse charge supplies.
- Standard-rated purchases on which input tax claims are made or to be made, excluding reverse charge purchases.
- Zero-rated supplies
- POS (Point-of-sales) supplies where businesses can also send aggregated data to IRAS.
What’s in store
Seamless integration of accounting software/ERP with InvoiceNow, etc.
Ensure compliance with mandatory e-invoice data fields and formats.
Ensure verification and validation of invoice data along with precise reporting.
Comprehensive audit trail and precise reporting.
Ensure security and scalability with the bulk generation of e-invoices.
Avail on-premises or cloud-based solutions tailored to meet IRAS’s archival requirements
Our Accreditations
With tax authorities across the globe
PEPPOL
Certified solution provider
PEPPOL
Certified for Access Point & SMP in UAE
MOF
Pre-Approved UAE e-Invoice Solution Provider
FTA
recognized Muwafaq
FTA
Recognized VAT platform in UAE
ZATCA
Recognized e-Invoicing service provider
IMDA
Accredited Access Point in Singapore
BOSA
registered E-Invoice Compliant software in Belgium
HMRC
Recognized VAT platform in UK
GSP
Authorized by GSTN
IRP
Authorized by GSTN
MDEC
Certified solution provider