According to the new GST levy regulations for advertising business in Singapore from January 1, 2023, if your entity is registered in Singapore, you may be subject to 8% Singapore Goods and Services Tax (GST) when you provide advertising services to Singapore customers.
Please refer to the following template to issue a Tax Invoice and send it to pangle_support@bytedance.com.
Payment will be made after Pangle has received a valid Tax Invoice.
Note: The following items on the tax invoice must be converted into Singapore dollars with exchange rate:
For example:
Below is Pangle's billing information,
Company Name: Bytedance Pte. Ltd.
Billing Address:
1 Raffles Quay, #26-10,
South Tower,
Singapore 048583
GST Number: 201923456H