• [En]
  • [Fr]
  • [Es]
  • [It]
  • [Tr]
  • [Ru]
  • [Pl]
  • [De]
  • [Cn]
  • [Jp]
  • [My]
  • [Kr]
  • [Vn]
  • [Ph]

  +65 84989706


+65 84989706
Company Formation Singapore



Selling Motor Vehicles/Cars in Singapore

Updated on Monday 18th December 2017

Rate this article
5 5 1
based on 0 reviews

Selling-Motor-Vehicles-Cars-in-SingaporeMotor vehicle sellers in Singapore

Selling motor vehicles and cars in Singapore is a complex activity which implies the following activities:

  • - importing the motor vehicles in Singapore,
  • - selling new vehicles,
  • - selling second-hand vehicles,
  • - selling motor vehicles and car bodies and parts of de-registered vehicles.

All cars and vehicles in Singapore must be registered with the Land Transport Authority (LTA). Singapore companies selling motor vehicles are also required to register with the Customs authorities.

What are the documents required when selling cars in Singapore?

Due to all safety requirements imposed by the LTA for Singapore companies selling motor vehicles, there are certain documents to be obtained when importing and re-selling cars. The following documents are necessary when importing motor vehicles in Singapore:

  • - an ATA Carnet, which is a temporary import-export documents used for motor vehicles to be re-exported,
  • - a Temporary Certificate of Entitlement,
  • - a Certificate of Entitlement.

Cars can be imported based on the Discounted Sales Price Scheme which allows companies in Singapore to sell second-hand motor vehicles with a goods and services tax applied on 50% of the selling price of the car. Cars can also be imported according to the Gross Margin Scheme through which the GST applies on the difference between the vehicle’s selling and purchase price.

Selling vehicles in Singapore

Not all companies are required to register for taxation purposes with the Singapore tax authorities. However, companies selling motor vehicles in Singapore are required to pay the goods and services tax on the cost, insurance and freight (CIF) value and the customs duties.

Singapore companies selling new vehicles are required to display the price of the vehicle with the GST included. If selling motor vehicles to another vehicles trader, the company is not required to display the price with the GST. The vehicles are also subject to a mechanical inspection with the Land Transport Authority before being registered.

Singapore citizens purchasing cars under the Preferential Additional Registration Fee may benefit from returns on their used vehicle’s open market value upon de-registration.

For information regarding tax incentives for selling or purchasing motor vehicles please contact our specialists in Singapore.



There are no comments

Comments & Requests

Please note that client queries should NOT be posted here but sent through our Contact page.

Why choose us?

Carol De La Cura and Jacqueline Clarence, our specialists in company registration and accounting matters, can help businessmen establish both onshore and offshore companies in Singapore.


As our client, you will benefit from the joint expertise of local lawyers and consultants for opening an offshore company in Singapore.Company-formation-Singapore-agents.png




Call us now at +65 84989706 to set up an appointment with our consultants in Singapore


Online Incorporation


Tax Calculator




The experts at OpenCompanySingapore.com helped my clients establish a company in Singapore fast and easy. I would definitely recommend them to any foreign investor interested in forming a company in this Asian jurisdiction.

Francesco Dagnino, Partner of
Lexia Avvocati

Read more testimonials

We Recommend ClientPedia

This website is marketed by ClientPedia

Banner-Promoting ClientPedia-244px.jpg

We accept online payments