Download Self Billing Agreement Template - Singapore

Self Billing Agreement for Singapore

Self Billing Agreement Template for Singapore

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What is a Self Billing Agreement?

The Self Billing Agreement Template is designed for Singapore-based businesses seeking to implement efficient invoicing processes. This agreement type is particularly relevant when a customer has better visibility of transaction details or when dealing with multiple recurring transactions. The document outlines the terms under which a customer can generate invoices on behalf of their supplier, ensuring compliance with IRAS requirements and Singapore's GST regulations. It includes essential provisions for GST reporting, record-keeping, and dispute re��ֱ��, while maintaining alignment with Singapore's legal framework for business transactions.

What sections should be included in a Self Billing Agreement?

1. Parties: Details of the self-biller and supplier

2. Background: Context and purpose of the self-billing arrangement

3. Definitions: Key terms used throughout the agreement

4. Self-Billing Procedure: Process for generating and issuing self-billed invoices

5. GST Requirements: Compliance with GST regulations and requirements

6. Record Keeping: Requirements for maintaining records of self-billed invoices

7. Term and Termination: Duration of agreement and termination provisions

What sections are optional to include in a Self Billing Agreement?

1. Electronic Invoicing: Specific provisions for electronic invoicing systems when parties use electronic invoicing platforms

2. Cross-Border Provisions: Specific provisions for international transactions when parties are in different jurisdictions

3. Industry-Specific Requirements: Additional requirements for specific regulated industries

What schedules should be included in a Self Billing Agreement?

1. Schedule 1 - Pricing Structure: Details of pricing and payment terms

2. Schedule 2 - Self-Billing Process Flow: Detailed process flow for self-billing procedures

3. Appendix A - Template Self-Billed Invoice: Standard format for self-billed invoices

4. Appendix B - Contact Details: Key contacts for both parties

Authors

Alex Denne

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

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Manufacturing
Retail
Construction
Logistics
Professional Services

Relevant Teams

Finance
Procurement
Accounts Payable
Tax
Legal

Relevant Roles

Finance Director
Procurement Manager
Accounts Payable Manager
Tax Manager
Commercial Director

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Download a Standard Template

What is a Self Billing Agreement?

What sections should be included in a Self Billing Agreement?

What sections are optional to include in a Self Billing Agreement?

What schedules should be included in a Self Billing Agreement?

Authors

Alex Denne

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