E-COMMERCE · SINGAPORE

Accounting & tax for e-commerce businesses.

Selling across Shopee, Lazada, your own Shopify store and overseas marketplaces means sales, fees and refunds scattered everywhere — plus GST rules that shifted with the low-value-goods regime. We reconcile all of it and keep your books and filings clean.

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The challenges we see in E-commerce.

Sales, platform fees and refunds spread across multiple marketplaces and payment gateways

GST on imported low-value goods and overseas digital services under the OVR/LVG rules

Inventory and cost-of-goods tracking across many SKUs and channels

Knowing when marketplace turnover crosses the $1M GST registration threshold

Chargebacks, returns and foreign-currency settlements muddying the numbers

How we help e-commerce businesses.

Accounting & Bookkeeping

Multi-channel reconciliation so every Shopee, Stripe or PayPal payout ties back to your books.

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Personal Tax & GST

GST registration timing and quarterly F5s that handle imported-goods and overseas-vendor rules correctly.

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Corporate Tax

ECI and Form C-S filed on time once your store turns profitable.

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WHAT TO WATCH FOR

Compliance notes for E-commerce.

Marketplace gross sales — not net payouts — count toward the $1M GST registration threshold, which is easy to under-count.
Imported low-value goods and B2C digital services can attract GST under the Overseas Vendor Registration (OVR) regime.

The Productivity Solutions Grant (PSG) can subsidise approved accounting and inventory software.

Typical setup

Usually a Pte Ltd on Xero or QuickBooks with a sales-channel connector; anywhere from 100 to 1,000+ transactions a month.

Recommended: Growth

from$280/mo

Most online stores cross into GST and higher transaction volumes, so the Growth tier's quarterly GST and management accounts usually fit.

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E-commerce accounting — common questions.

Do marketplace fees count toward my GST turnover?

Your taxable turnover is gross sales before platform fees are deducted, so the fees don't reduce the figure you measure against the $1 million threshold.

I sell to overseas customers — is that GST-free?

Exported goods and certain international services can be zero-rated, but you must keep the right export evidence. We set that up so the zero-rating holds up.

Which accounting software works best for an online store?

Usually Xero or QuickBooks with a channel connector that pulls in marketplace and gateway data. PSG may subsidise the cost — we advise based on your channels.

GUIDES & TOOLS