Singapore Announces Rollout Schedule for
InvoiceNow Implementation

The Inland Revenue Authority of Singapore (IRAS) has declared that starting in May 2025, there will be a staged rollout of InvoiceNow, the country’s e-invoicing system based on the Peppol network, specifically for GST-registered businesses. This initial phase will focus on B2B (business-to-business) transactions, with plans to expand to B2G (business-to-government) transactions in subsequent years.

This new requirement will necessitate that GST-registered businesses adopt InvoiceNow solutions for sending their invoice data to IRAS. The process will utilize Peppol Access Point service providers, enhancing the standard four-corner e-delivery model to include a fifth corner, thereby broadening the network’s scope.

The phased implementation is scheduled as follows:

As of now, a comprehensive timeline for the mandatory implementation across all businesses has not been outlined, but further announcements are anticipated.