E-INVOICING REGISTRATION GRANT (ERG)
The E-Invoicing registration grant is a new scheme from IMDA in partnership with ESG to help businesses to digitalize. As businesses look for digital solutions to enable their staff to work remotely this grant will directly assist the business to enable e-invoicing features on their existing or new solutions, allowing their finance staff to work remotely and create a network effect so all participating businesses can benefit from improved efficiency and reduced cost and be paid in a timely manner.
This grant provides businesses with a one-time payment of $200 per UEN, upon first registration to the E-Invoicing Network on or before 31 December 2020. This grant is applicable for businesses which valid, active and registered in Singapore on or before 25 March 2020. Payment will be disbursed by PayNow Corporate to the registered UEN (without suffix).
No application is required for the grant. Participants who qualify will receive the payout automatically provided they have complied with the above.
For assistance with Corporate PayNow registration please approach the participating banks of PayNow Corporate found at https://abs.org.sg/consumer-banking/pay-now