Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.
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Last post by Pal
Tue, 14 Sep 2021 10:00 am
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Canadian International School
Replies: 4
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Pal » Sat, 18 Aug 2018 10:25 pm
» in
Parenting, Family & Schools
First post
cis-logo.png
CIS Profile
The Canadian International School (CIS) is a leading international school in Singapore. Founded in 1990, CIS has over...
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Bump for this thread 8-)
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Last post by Pal
Fri, 15 Jan 2021 6:08 pm
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- 1 Replies
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Last post by Pal
Fri, 13 Dec 2019 12:14 pm
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Last post by joop
Wed, 07 Jan 2009 3:28 pm
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Information on Corporate, Company Tax in Singapore
Replies: 4
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Pal » Mon, 09 Aug 2004 9:43 pm
First post
Please read before posting
For Company, Private Limited Taxation:
For Sole Proprietors / Business Partners / Partnerships:
Please visit...
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Thank you :)
- 4 Replies
- 98005 Views
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Last post by Seasoul
Wed, 04 Jan 2012 4:03 pm
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Tax/? - Income received from offshore Company
Replies: 4
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Slyder1 » Tue, 23 Jan 2018 5:00 pm
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My apologies in advance if I have dragged up a discussion from the past.
I am a Singapore PR, originally from the UK - I represent a UK company for...
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Thanks PNGMK - great points and very helpful indeed.
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- 3492 Views
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Last post by Slyder1
Wed, 24 Jan 2018 11:16 am
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Accounting Services
Replies: 1
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GraceWong2018 » Tue, 23 Jan 2018 4:47 pm
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Is it difficult to get accounting services client in Singapore?
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There are many small firms and plenty of competition. It can be difficult to differentiate yourself from everyone else and sell yourself to potential...
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- 1827 Views
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Last post by Strong Eagle
Tue, 23 Jan 2018 10:04 pm
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Is Sg citizen living overseas eligible to start biz in Sg?
Replies: 6
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hapchap » Mon, 25 Dec 2017 4:39 am
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I'm a Singapore citizen living overseas. I want to start an online business as a sole proprietor in Singapore. Am I eligible? I have a ton of...
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In addition to the question of tax liability in Singapore, you also need to consider the tax regulations in your country of residence. Obviously it...
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- 4287 Views
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Last post by Mi Amigo
Sat, 20 Jan 2018 12:46 pm
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Acra address and HDB home office scheme??
Replies: 4
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allanyeowjj » Tue, 26 Dec 2017 5:41 pm
First post
Hi all
I intend to start my own ecommerce business and am quite confused of the Acra address and hdb home office scheme?? I will register with Acra...
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Yes but since i register my own business, as a sole proprietor then my residential address is what i am using to register. Although what i need is a...
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- 3982 Views
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Last post by allanyeowjj
Wed, 27 Dec 2017 7:41 am
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chances of getting EP
Replies: 9
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sharkgator » Wed, 13 Dec 2017 7:10 am
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My company is registered and active for 5 years, for the first 2 years the company had active transactions and for the last 3 years the company is...
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I downloaded the EP application from MOM website and I come across this box,
Value of Turnover of the Company in the past 3 years
If my company is...
- 9 Replies
- 4277 Views
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Last post by Strong Eagle
Thu, 21 Dec 2017 10:56 pm
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Money remittance back home
Replies: 4
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tarunsonthalia » Thu, 14 Dec 2017 2:37 pm
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Hello,
I'm from India. I'll be settling in Singapore over the next 1.5-2 years. I have a family back in India. I wanted to know which would be the...
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Squirrel? Posting incognito? :mrgreen:
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- 3192 Views
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Last post by sundaymorningstaple
Thu, 21 Dec 2017 9:40 am
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Depositing check
Replies: 3
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sharkgator » Tue, 19 Dec 2017 12:06 pm
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Is it possible to deposit a check issued in personal name on a sme/business account?
Note: bank signatory for the business account will be the...
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I'd be surprised if this could be done at all. Make sure the check is not crossed and 'or bearer' not crossed out. Can it be made to 'cash'.
On...
- 3 Replies
- 2472 Views
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Last post by PNGMK
Wed, 20 Dec 2017 3:02 am
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TAX RESIDENCY IF ON TOURIST VISA?
Replies: 2
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martincymru » Fri, 15 Dec 2017 5:30 pm
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Q1.
Where is your tax residency now if you have left Sg after having worked here for 9 years on an EP?
Scenario:
1. not working now, no income, a...
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You can maintain zero tax residency by remaining outside all countries that tax based on residence for a minimum period. This is a technique used by...
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- 2716 Views
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Last post by PNGMK
Sat, 16 Dec 2017 11:32 am
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- 0 Replies
- 2003 Views
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Last post by beyondnooblike
Sat, 16 Dec 2017 11:06 am
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- 0 Replies
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Last post by johnkcp
Sat, 09 Dec 2017 9:54 pm
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Director Fee vs. Salary
Replies: 52
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David-asia » Mon, 26 Oct 2009 2:34 pm
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I am the director of my private limited, but also an employee.
As the director, personal taxes are 20%, but on salary, much lower.
What fee is...
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Depends on what you salary level is (salaries not director's fees).
- 52 Replies
- 87572 Views
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Last post by sundaymorningstaple
Fri, 08 Dec 2017 9:55 pm
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Long and Short Business Cons by Singaporeans and their corrupt counterparts
Replies: 5
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PNGMK » Mon, 04 Dec 2017 8:06 pm
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Continuing the same vein as money laundering but focusing on commercial cons and not just average street cons. An area that fascinates me. My...
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Yeah reusing your bid docs suck. We try to watermark them and submit them in printed form (makes it harder to whole sale send them out digitally) but...
- 5 Replies
- 3968 Views
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Last post by PNGMK
Thu, 07 Dec 2017 1:03 pm
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- 0 Replies
- 2210 Views
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Last post by Kaylius
Wed, 06 Dec 2017 1:47 am
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- 17 Replies
- 9891 Views
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Last post by PNGMK
Tue, 05 Dec 2017 8:26 am
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Invoicing under my own name as an SPR
Replies: 7
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PNGMK » Sun, 03 Dec 2017 11:20 am
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From ACRA: Section 35(1)(a)
Any individual proprietor carrying on business under only the individual proprietor's full name is not required to be...
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If your business if continual business, then i will suggest to register as SP. In the future, if your business is expanding, you could simply convert...
- 7 Replies
- 7617 Views
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Last post by PNGMK
Tue, 05 Dec 2017 8:19 am
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As a trading company, how do we hide supplier?
Replies: 9
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afham07 » Wed, 01 Nov 2017 12:45 pm
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Dear all,
Recently, I have formed a company in Singapore as a trading company for food stuffs. As food stuffs, the clearance of cargo may need...
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Dear Strong Eagle,
For your reading.
The author of the article is incorrect. Read the AVA website. Singapore will not accept the Hong Kong...
- 9 Replies
- 4453 Views
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Last post by Strong Eagle
Tue, 05 Dec 2017 12:01 am
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Need some information please
Replies: 2
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badtz maru » Wed, 15 Nov 2017 10:41 am
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Good day , this is my first post on this forum. I know in Singapore we have ACRA site that we can buy Company information like
1.Certificate of...
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We're a SINGAPORE forum. Not an APAC forum.
- 2 Replies
- 2596 Views
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Last post by PNGMK
Mon, 04 Dec 2017 8:22 am
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Company setup before leaving Singapore, advise from company secretary correct?
Replies: 9
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BenDover » Wed, 22 Nov 2017 4:08 pm
First post
Hello Everyone,
I have been reading the forum up and down but didn't really find the answer I was hoping for.
If similar was posted already, please...
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Dear Bendover,
Advise from your company secretary is totally make sense.
When you render your services and issue invoice in Singapore, the service...
- 9 Replies
- 4880 Views
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Last post by johnkcp
Sun, 03 Dec 2017 5:10 pm
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Keeping business records - electronic-only
Replies: 7
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cattleherder » Mon, 27 Nov 2017 10:25 am
First post
OK, it's a simple one.
As my business is starting to take off, so is the number of receipts and invoices. It's XXI century obviously, and most of...
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Hi Cattleherder,
Under Singapore Company Act, statutory records need to be kept for 7 years. But it does not specify clearly whether it's in...
- 7 Replies
- 3309 Views
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Last post by johnkcp
Sun, 03 Dec 2017 4:48 pm
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Depositing USD (US dollars) in SG without incurring fees
Replies: 29
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skyper65 » Thu, 02 May 2013 12:24 pm
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How can I deposit USD (US dollars) in Singapore without incurring exorbitant service fees or incur minimal fees? I plan to open an USD bank account,...
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Personally want you need I think is a partner in the US whom you can establish a trust relationship with and run a 'treasury' where no money actually...
- 29 Replies
- 59499 Views
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Last post by PNGMK
Fri, 01 Dec 2017 10:12 am
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