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IRAS E-Stamping Services in Singapore
Package Fee for IRAS E-Stamping Services
Package Available | Fee (SGD) |
Stamping of Transfer Agreement | $50 (W/GST $54.50) processing fee |
Stamp duty is a tax on documents relating to immovable properties, stocks or shares.
Stamp duty payment duration and related penalty in case of failure
Once the document is signed and dated, stamp duty needs to be paid:
- Within 14 days after the date of the document if the document is signed in Singapore, or
- Within 30 days after the date of its receipt in Singapore if the document is signed overseas
It is an offense to use a document in which the stamp duty has not been paid on. If the IRAS detects a document in which the stamp duty has not been paid, it will impose a penalty of up to four times the stamp duty amount.
In addition, a document in which the stamp duty is paid can be admitted as court evidence in cases of disagreements.
Currently, e-Stamping is available to everyone. The new e-Stamping website is an Internet-enabled portal that gives you the convenience of stamping your documents at home, in the office or from anywhere. There is no need to pay any subscription or transaction fee.
With e-Stamping, all you need to do is key-in your transaction details and the system will automatically compute the amount of stamp duty you need to pay.
If you agree to pay, the amount will be deducted through eNETS for non-registered users or through Interbank GIRO for registered users. The stamp certificate can be printed immediately.
For more details, see e-Stamping