Understanding Import Costs
Many people assume the purchase price of a vehicle is the total amount they'll pay. In reality, importing a vehicle into Singapore involves several taxes, statutory fees, government charges and compliance costs before the vehicle can be legally registered for use on Singapore roads.
Below are the main cost components that contribute to the final landed cost of an imported vehicle.
The customs-assessed value of the imported vehicle, which generally includes the purchase price, sea freight, marine insurance, and other incidental charges incurred before the vehicle arrives in Singapore. Most taxes and duties are calculated based on the OMV.
20% of the vehicle's OMV. This is imposed on all imported passenger cars entering Singapore.
GST is calculated on the sum of the OMV and Excise Duty.
A fixed registration fee payable when registering the vehicle.
Calculated based on Singapore's tiered ARF formula based on the vehicle's OMV. Electric vehicles may also qualify for EEAI rebates.
Annual road tax depends on the vehicle type and its engine capacity or electric power output.
Certain vehicle categories incur an additional flat road tax component.
Charges for handling, processing and clearing your vehicle when it arrives in Singapore.
Inspection, testing and compliance work required before the vehicle can be registered for use in Singapore.
Applicable only to imported used vehicles.
Our professional consultancy fee covers vehicle sourcing advice, import planning and end-to-end consultancy throughout the entire process.
Every vehicle is unique. Use our Import Cost Calculator to obtain an estimated breakdown of taxes, registration fees and other charges based on your vehicle's specifications.
Try the Import Cost Calculator