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Proforma Invoice Form Template for Singapore

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Key Requirements PROMPT example:

Proforma Invoice Form

"Need a Proforma Invoice Form for exporting electronic components to Malaysia, with payment terms of 30 days and shipping via air freight, to be issued by March 2025 in Singapore dollars with GST included."

Document background
The Proforma Invoice Form is a crucial document in Singapore's commercial landscape, particularly in international trade and business transactions. It serves as a preliminary invoice issued before the actual sale occurs, providing detailed information about the proposed transaction including prices, quantities, and delivery terms. Under Singapore law, this document must comply with specific requirements including GST regulations and the Electronic Transactions Act when issued digitally. It's commonly used to initiate import/export procedures, apply for letters of credit, and provide formal quotations to potential buyers.
Suggested Sections

1. Supplier Information: Legal company name, registration number, GST number, complete address and contact details of the supplier

2. Customer Information: Complete details of the recipient including name, shipping address, and billing address

3. Invoice Details: Proforma invoice number, date of issue, and validity period of the quote

4. Item Description: Detailed list of goods/services with quantity, unit price, and specifications

5. Payment Terms: Payment conditions including method, currency, and deadline

6. Total Amount: Calculation breakdown including subtotal, GST (if applicable), and total amount

Optional Sections

1. Shipping Terms: International shipping terms and Incoterms (for international transactions)

2. Bank Details: Complete banking information for wire transfers when advance payment is required

3. Special Conditions: Any specific terms, conditions, or custom requirements particular to the transaction

Suggested Schedules

1. Product Specifications: Detailed technical specifications and requirements for products being quoted

2. Terms and Conditions: Standard terms of sale including warranty, return policy, and liability limitations

3. Shipping Documentation: Required documentation for international shipments including packing lists and customs forms

Authors

Alex Denne

Head of Growth (Open Source Law) @ 红杏直播 | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions












Clauses












Industries

Sales of Goods Act (SOGA): Primary legislation governing the sale of goods in Singapore, defining rights and obligations of buyers and sellers

Singapore Contract Law: Common law principles governing contract formation, validity, and enforcement in Singapore

Goods and Services Tax Act: Legislation governing GST implementation, tax rates, and compliance requirements for businesses in Singapore

Electronic Transactions Act: Regulates electronic transactions and digital signatures, relevant for electronic proforma invoices

GST Regulations: Specific regulations for GST-registered companies including invoicing requirements and tax calculations

IRAS Requirements: Inland Revenue Authority of Singapore's specific requirements for invoice format and content

Customs Act: Governs import/export procedures and documentation requirements for international trade

Regulation of Imports and Exports Act: Controls and regulates the import and export of goods in Singapore

UCP 600: Uniform Customs and Practice for Documentary Credits - international rules for trade documentation

Consumer Protection (Fair Trading) Act: Protects consumer interests and ensures fair trading practices in Singapore

Price Control Act: Regulates pricing practices and prevents unfair pricing in Singapore

Consumer Protection (Trade Descriptions and Safety Requirements) Act: Ensures accurate product descriptions and safety standards in trade documents

Business Registration Act: Requirements for business registration details to be displayed on official documents

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks, 聽Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination, 聽Severance Pay, Governing Law, Entire Agreemen

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