InvoiceNow grants
IMDA pays cash grants towards getting your business onto GST InvoiceNow: a Transition Grant sized to your business, and a larger grant for connecting your own ERP. Check which one fits before you subscribe or start a project: the conditions cover when you sign up and what you used before.
Which InvoiceNow grants are there?
Grants include a S$1,000 Transition Grant for businesses with total annual supplies up to S$4 million, a S$5,000 Transition Grant for larger businesses connecting their own ERP, and the S$25,000 Queen Bee Grant. [IMDA grants page] SMEs can also use the Productivity Solutions Grant to defray up to 50% of eligible software subscription costs. [IRAS FAQ Q11.1]
GST InvoiceNow Transition Grant
TOTAL ANNUAL SUPPLIES ≤ S$4 MILLION (PERIODS ENDING IN 2025)- Cash grant towards subscribing to an InvoiceNow-Ready Solution Provider (IRSP) or connecting through an IMDA-accredited Access Point.
- Subscribe to an IRSP solution (paying for at least 12 months), or integrate your ERP with an accredited Access Point, after 26 Feb 2026.
- Not available if you used any IRSP solution in the 3 months before onboarding.
- You must activate GST InvoiceNow before your mandate deadline and submit data to IRAS. [IMDA grants page]
GST InvoiceNow Transition Grant
TOTAL ANNUAL SUPPLIES > S$4 MILLION (PERIODS ENDING IN 2025), WITH YOUR OWN ERP- Cash grant towards connecting your own ERP to GST InvoiceNow through an IMDA-accredited Access Point.
- Start the project after 26 Feb 2026, complete it within 12 months, and activate GST InvoiceNow and submit invoice data to IRAS by 31 Mar 2028.
- You can submit an Expression of Interest first, then claim once you meet all the criteria. [IMDA grants page]
InvoiceNow Queen Bee Grant
ANNUAL TURNOVER > S$4 MILLION, WITH YOUR OWN CUSTOM ERP- For connecting your own custom ERP to InvoiceNow and transacting with your business counterparties on it.
- Needs at least 200 suppliers or 200 business customers, and receiving from at least 20 suppliers or sending to at least 40 customers on InvoiceNow by 31 Mar 2031.
- Can be combined with the S$5,000 Transition Grant. [IMDA grants page]
Grant terms from the IMDA: InvoiceNow Grants page. Check eligibility and the terms and conditions with IMDA before you subscribe or start a project.
RELATED QUESTIONS
Is it free? Are there grants?
IMDA’s list of free-of-charge (FOC) InvoiceNow packages says the full solution package is free of charge, with no conditions attached. The FOC packages for GST-registered businesses are available until 31 Mar 2031. Start and end dates differ by provider, so check the list for the package you choose. [IMDA FOC list] Grants include a S$1,000 Transition Grant for businesses with total annual supplies up to S$4 million, a S$5,000 Transition Grant for larger businesses connecting their own ERP, and the S$25,000 Queen Bee Grant. [IMDA grants page] SMEs can also use the Productivity Solutions Grant to defray up to 50% of eligible software subscription costs. [IRAS FAQ Q11.1]
Is my current software ready? What if it is not?
Check IMDA’s list of accredited InvoiceNow-Ready Solution Providers. If yours is not on it, you can work with an IMDA-accredited Access Point Provider to connect it, switch to a free-of-charge package, or move to an InvoiceNow-Ready solution. [IRAS FAQ Q1.9] If you use an ERP system, you need an IMDA-accredited Access Point Provider, directly or through your systems integrator. [IRAS FAQ Q1.13]
What is an Access Point, and do I need one?
Access Point Providers run the gateways on the InvoiceNow network and route invoices to the right destination. [IRAS e-Tax Guide para 3.9] InvoiceNow-Ready Solution Providers offer software that is already connected through an accredited Access Point. [IRAS e-Tax Guide para 3.8] To connect your own system or API, you go through an IMDA-accredited Access Point Provider. [IRAS FAQ Q3.19]