Singapore hubs

Ivan Tay

Dropshipper

SingaporeEnglish (English)$ SGD

Ivan is a solo e-commerce entrepreneur navigating the fast-paced world of dropshipping from his home office. He balances the need for low-cost business compliance, digital upskilling, and managing his personal CPF savings while scaling his online storefronts.

Keeping the business legit

Ensuring my ACRA filings and tax obligations are handled so I don't get flagged by the authorities.

BizFile+ Portal

national · Accounting and Corporate Regulatory Authority

Who qualifies
Any individual starting a sole proprietorship or private limited company.
What you get
Legal registration of business name and entity status.
What it actually costs you
Registration fee from $15, plus annual renewal fees; requires Singpass.
Common gotcha
Forgetting to renew the business registration annually leads to late penalties.

IRAS Income Tax Filing

national · Inland Revenue Authority of Singapore

Who qualifies
All business owners earning income in Singapore.
What you get
Compliance with national tax laws and avoidance of penalties.
What it actually costs you
Requires detailed record-keeping of expenses; no fee to file.
Common gotcha
Dropshippers often forget to declare foreign-sourced income if it's not remitted, which is now taxable under certain conditions.

InvoiceNow

national · Infocomm Media Development Authority

Who qualifies
Businesses looking to digitalise invoicing processes.
What you get
Faster payment cycles and integration with accounting software.
What it actually costs you
Requires compatible accounting software; free to register.
Common gotcha
It is not mandatory for small dropshippers, but highly recommended for efficiency.

Corppass

national · Government Technology Agency

Who qualifies
Registered business entities.
What you get
Digital identity for accessing government services as a business.
What it actually costs you
Free; requires Singpass to set up.
Common gotcha
Confusing personal Singpass with Corppass for business transactions.

IPOS Trademark Registration

national · Intellectual Property Office of Singapore

Who qualifies
Business owners wanting to protect their brand name/logo.
What you get
Legal protection of brand assets.
What it actually costs you
Application fees starting from $240; process takes 6-12 months.
Common gotcha
Trademarking is territorial; it only protects you in Singapore.

PDPA Advisory

national · Personal Data Protection Commission

Who qualifies
Any business handling customer data.
What you get
Guidelines on how to store and process customer information legally.
What it actually costs you
Free; requires time to implement data policies.
Common gotcha
Dropshippers often neglect privacy policies on their websites.

Leveling up my skills

Using government credits to learn digital marketing and e-commerce without paying full price.

SkillsFuture Credit

national · SkillsFuture Singapore

Who qualifies
Singaporeans aged 25 and above.
What you get
$500 initial credit + $500 top-up for approved courses.
What it actually costs you
Free; must use for accredited courses.
Common gotcha
Credits expire if not used, though top-ups have been extended.

Productivity Solutions Grant (PSG)

national · Enterprise Singapore

Who qualifies
Local SMEs looking to adopt pre-approved digital solutions.
What you get
Up to 50% funding for IT solutions like accounting or CRM software.
What it actually costs you
Requires upfront payment; reimbursement after implementation.
Common gotcha
Must apply before purchasing the software.

WSQ Accredited Courses

national · SkillsFuture Singapore

Who qualifies
Any Singaporean looking to upskill.
What you get
Subsidised fees for professional digital marketing training.
What it actually costs you
Out-of-pocket costs after subsidies; usually 70-90% covered.
Common gotcha
Only courses listed on the SkillsFuture portal are eligible.

Enterprise Development Grant (EDG)

national · Enterprise Singapore

Who qualifies
SMEs with at least 30% local shareholding.
What you get
Funding for business upgrading projects.
What it actually costs you
Requires detailed project proposal; competitive application.
Common gotcha
High barrier to entry for solo dropshippers.

SMEs Go Digital

national · IMDA

Who qualifies
Local SMEs.
What you get
Advisory and access to digital consultants.
What it actually costs you
Free consultation.
Common gotcha
Often overlooked by solo entrepreneurs.

Mid-Career Enhanced Subsidy

national · SkillsFuture Singapore

Who qualifies
Singaporeans aged 40 and above.
What you get
Higher subsidy for course fees (up to 90%).
What it actually costs you
Remaining course fee balance.
Common gotcha
Must be 40+ at the time of course registration.

Managing my future

As a freelancer/business owner, I need to manage my own CPF contributions to ensure I have a retirement safety net.

CPF Voluntary Contribution

national · Central Provident Fund Board

Who qualifies
Self-employed individuals.
What you get
Tax relief and interest on retirement savings.
What it actually costs you
Voluntary cash top-ups.
Common gotcha
Contributions are non-refundable once made.

MediSave Top-up

national · Central Provident Fund Board

Who qualifies
Self-employed individuals.
What you get
Funds for future medical expenses.
What it actually costs you
Voluntary contributions.
Common gotcha
Mandatory if you have net trade income above a certain threshold.

Supplementary Retirement Scheme (SRS)

national · Ministry of Finance

Who qualifies
Singaporeans and PRs.
What you get
Tax-deferred savings for retirement.
What it actually costs you
Annual contribution limits apply; withdrawal penalties before age 62.
Common gotcha
Money in SRS is not invested by default; you must choose the investment products.

Workfare Income Supplement (WIS)

national · CPF Board

Who qualifies
Low-income self-employed persons meeting specific criteria.
What you get
Cash and CPF top-ups.
What it actually costs you
Must declare net trade income to IRAS.
Common gotcha
You must have declared your income to qualify.

Dependants' Protection Scheme

national · Great Eastern (under CPF)

Who qualifies
CPF members.
What you get
Term life insurance coverage.
What it actually costs you
Annual premiums deducted from CPF Ordinary Account.
Common gotcha
Coverage is basic; you might need additional private insurance.

MediShield Life

national · CPF Board

Who qualifies
All Singaporeans and PRs.
What you get
Basic health insurance for large hospital bills.
What it actually costs you
Annual premiums paid via MediSave.
Common gotcha
It is a basic plan; private integrated plans are separate.

Getting things done

Using public portals and services to handle logistics and digital identity.

Singpass

national · GovTech

Who qualifies
All citizens and residents.
What you get
Access to all government digital services.
What it actually costs you
Free; requires smartphone.
Common gotcha
Losing access to your phone makes logging in difficult.

SingPost SmartPac

national · Singapore Post

Who qualifies
General public.
What you get
Flat-rate shipping for small parcels.
What it actually costs you
Purchase price of the SmartPac envelope.
Common gotcha
Weight limits are strict.

MyInfo

national · GovTech

Who qualifies
All Singpass users.
What you get
Auto-filling of personal data for forms.
What it actually costs you
Free.
Common gotcha
Ensure your data is updated in the system.

NLB Digital Resources

national · National Library Board

Who qualifies
All citizens/residents.
What you get
Free access to e-books, journals, and market research databases.
What it actually costs you
Free with library membership.
Common gotcha
Requires active NLB account.

TechPass

national · GovTech

Who qualifies
Vendors working with government agencies.
What you get
Access to government development environments.
What it actually costs you
Free; requires vetting.
Common gotcha
Only for specific B2G projects.

SimplyGo

national · Land Transport Authority

Who qualifies
General public.
What you get
Contactless payment for public transit.
What it actually costs you
Standard fare rates.
Common gotcha
Check your card balance regularly.

State-level schemes

1states & territories — open one to see what it offers.

Singapore新加坡

Singapore offers a highly digitized, low-tax environment for dropshippers to scale their e-commerce operations through government-backed grants and digital transformation support.

Scaling my business

Productivity Solutions Grant (PSG)

生产力提升津贴

state · Enterprise Singapore

Who qualifies
Singapore-registered businesses with at least 30% local shareholding.
What you get
Up to 50% funding support for pre-approved digital solutions like e-commerce platforms and inventory management software.
What it actually costs you
Requires a valid CorpPass; claimable after purchasing the pre-approved solution.
Common gotcha
You must apply for the grant before signing the contract with the vendor.

Enterprise Development Grant (EDG)

企业发展计划

state · Enterprise Singapore

Who qualifies
Businesses ready to upgrade, innovate, or expand overseas.
What you get
Covers up to 50% of qualifying project costs like consultancy, software development, and certification.
What it actually costs you
Requires a detailed project proposal and audited financial statements.
Common gotcha
The project must be substantive and not just routine business operations.

SkillsFuture Enterprise Credit (SFEC)

技能创前程企业补助

state · SkillsFuture Singapore

Who qualifies
Employers who have contributed at least S$750 in Skills Development Levy over a qualifying period.
What you get
One-off S$10,000 credit to cover up to 90% of out-of-pocket expenses for enterprise transformation and workforce training.
What it actually costs you
Automatic qualification for eligible firms; no application needed.
Common gotcha
The credit expires if not used for approved programs within the stipulated timeframe.

Digital Resilience Bonus

数码韧性奖金

state · IMDA

Who qualifies
F&B and Retail businesses adopting PayNow Corporate and e-invoicing.
What you get
Payouts of up to S$5,000 for adopting advanced digital solutions.
What it actually costs you
Requires proof of transaction volume and digital tool integration.
Common gotcha
Only applies to specific sectors; dropshippers must ensure their business code qualifies.

Managing my cashflow

Enterprise Financing Scheme (EFS)

企业融资计划

state · Enterprise Singapore

Who qualifies
Singapore-based SMEs needing working capital or trade financing.
What you get
Government risk-sharing of up to 70% on loans from participating financial institutions.
What it actually costs you
Standard bank interest rates and processing fees apply.
Common gotcha
This is a loan, not a grant; you must prove repayment capability.

Double Tax Deduction for Internationalization (DTDi)

国际化双重税务扣除

state · Inland Revenue Authority of Singapore (IRAS)

Who qualifies
Businesses expanding into overseas markets.
What you get
200% tax deduction on eligible expenses like overseas marketing and business development.
What it actually costs you
Requires meticulous record-keeping of marketing spend and international sales proof.
Common gotcha
Must be approved by Enterprise Singapore or Singapore Tourism Board for specific activities.