Dear all,
Understand that all newly setup company can enjoy first 100k tax free for 3 consecutive years but one of the condition is control and management must be in Singapore .
Question :
How to define " control and management " in Singapore ? Held Annual General Meeting in Singapore ?
Question :
If director only able spend around 30 days per year in Singapore ( company dealing with online business services) will this acceptable ?
Question :
To fullfill " control management in Singapore " will there better option to appoint someone to be director who spend most of time in Singapore ( ever though he not involve with company business )