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Hi I intend to purchase a commercial shop worth 5 million . As the seller is a company registered with Gst , I was advise to purchase using a company so that I can claim back my 7%.
My question :
1. Can I open a company , apply for gst and claim back my 7% and shut the company ? I heard many try but as its a new company without actual sales , it's rejected to even registered by Iras.
2. Should I buy over a gst registered companies so that they can claim on behalf ?

Thanks
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5 Answers

You need to engage a consultant or someone who has the domain knowledge.
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Lee Chun Peng Adnic
Hi

I suggest you that you look for another unit without GST. There are quite a few in the market.

You can still carry on, with the purchase but you need to set up GST registered company to claim back the 7%. It will take a while estimated 3months earlies and 1years latest.

You can contact me at 96722265  and I see how I can help you.

Adnic Read More
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Hi,

Regard to your question. Why not you just drop me an email at ot1984pierre@gmail.com or Contact me @ +65 8 2 7 9 8 3 2 7

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------------------

"If you need more assistance with property matters:

like renting / selling, buying / or investing, I'm here to help!

WhatsApp me at >>9856 9255 or through this link.:https://wa.me/6598569255.

(Unfortunately, this platform doesn't allow direct contact, but you can easily reach me )

You can check out my reviews here: https://www.propertyguru.com.sg/agent/able-s-k-toh-61591.

For buyers, I offer solutions for sourcing resale and new private homes at no charge.

I can connect you with reputable bankers for private housing loans free of charge and with no obligation.

I also have partners to assist with mortgage home insurance matters.

Let's seal this affinity by technology; please PM me your contact for assistance with your real estate needs. So, I believe in Affinity (Chinese word: 缘份) :), let's SEAL this AFFINITY Not by blood but by Technology > Please PM, Private Message your contact so that I CAN BE (EXTRA) PAIR OF HANDS / BRAIN and LEGS to Assist you NOW or FUTURE REAL ESTATE NEEDS!

*** You can reach me at my Singapore mobile: (+65)>>9856 9255>> or email me at Able.selling@gmail.com.

From: ABLE Toh- Your Property ASSISTANT :)

“ i am ABLE to Help As Much As You are ABLE To PM (Private Message) me ”

XXXXX The End XXXXXXX Read More
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