If your business regularly exports goods or engages in zero-rated supplies, applying for the Major Exporter Scheme (MES) Permit in Singapore can significantly improve your cash flow and streamline your GST obligations. At Declarators, we help Singapore-based companies manage the complexities of MES applications and related customs declarations with ease.
What is the Major Exporter Scheme (MES)?
The Major Exporter Scheme (MES) is administered by IRAS (Inland Revenue Authority of Singapore). It allows approved GST-registered businesses to import goods into Singapore without paying GST at the point of importation, as long as the goods are intended for re-export or for making zero-rated supplies.
This scheme is particularly beneficial for trading companies, logistics providers, and manufacturers that deal with large volumes of imports and exports.
Who Can Apply for the MES Permit in Singapore?
To qualify for the MES Permit Singapore, your business must:
- Be GST-registered in Singapore
- Be actively importing and exporting goods
- Have a good GST compliance record
- Maintain proper inventory and accounting systems
- Submit audited financial statements (if required)
IRAS will assess your company’s eligibility and internal controls before granting approval.
Benefits of the MES Permit
- Improved Cash Flow
– No need to pay GST upfront on imports - Reduced Administrative Burden
– Eliminate the need to claim GST refunds after import - Faster Customs Clearance
– MES status speeds up the customs declaration process - Increased Competitiveness
– Useful for businesses with tight logistics turnaround
Key Documents and Processes
When importing under MES, you’ll still need to declare your imports using the correct customs permits.
Declarators assists with:
- TradeNet submissions with correct GST codes (IGDS)
- Monthly/quarterly import declarations under MES
- HS code classification and compliance
- Audit trail preparation for IRAS verification
- Supporting documentation for MES renewal and audits
We ensure that your MES import permits are filed accurately to avoid any IRAS penalties.
MES and Export Documentation
All MES participants must maintain accurate export documentation such as:
- Commercial invoices
- Bills of lading or airway bills
- Packing lists
- Export permits
- Proof of zero-rated supply
Declarators provides full assistance in ensuring these documents align with IRAS MES requirements.
Common MES Pitfalls to Avoid
- Declaring non-MES shipments under MES permits
- Incorrect GST codes in TradeNet declarations
- Poor documentation and internal controls
- Late or incomplete IRAS submissions
With Declarators, you can avoid these common errors and maintain your compliance with ease.
Why Choose Declarators?
With decades of experience in customs declaration and GST compliance, Declarators is your trusted partner for managing MES-related permits and filings. We help you:
- Apply or renew your MES status with IRAS
- Ensure accurate customs permit declaration under MES
- Align your logistics and documentation processes with regulatory expectations
- Stay fully audit-ready and compliant
Get Expert Help with Your MES Permit Today
Need help with your Major Exporter Scheme (MES) Permit in Singapore?
Let Declarators handle your customs declarations and GST permit requirements with precision and speed.
🌐 www.declarators.com.sg
📧 group@declarators.com.sg
📞 +65 6385 2155
