Capitalising on Major Exporter Scheme (MES) to Ease Cash Flow
06 October 2023
All goods brought into Singapore are subject to import GST payable to Singapore Customs. Businesses that re-export a substantial amount of their imports will suffer on cash flow as no GST is collected on the export supplies to offset the initial cash outflow on the imports. Download this newsletter to learn more about the Major Exporter Scheme (MES), its requirements and benefits.
Please reach out to us for a preliminary discussion of the MES requirements.