In the Forum of Tax Administration held in October 2023 in Singapore, the government confirmed they will adopt InvoiceNow, the national e-invoicing framework based on the Peppol network as the mandatory framework for B2G transactions in the country. Recently, testing of a 5-corner instead of the existing 4-corner model as the InvoiceNow Peppol exchange model was successfully completed.
As such, InvoiceNow will become the mandatory platform for B2G e-invoicing in Singapore. However, a specific schedule of implementation or roll-out dates have not been announced.
