Hi guys,
I am moving to Singapore from the US starting Jan 2020. My employer in the US wants me to keep working for them. I am trying to figure out what is the easiest and most effective way to continue working for my current company while I live in Singapore.
The options I have came up with are as follow:
1) my employer continues to pay me in my US bank account and I would do all my accounting in the US. Is this even allowed by the singaporian authorities? are there any downsides of doing this if is allowed?
2) I set up a legal entity in singapore and get paid as a contractor where I file my own accounting for my business. Are foreigners allowed to set up a legal entity ? is this difficult? is it costly? Any challenges that you see here?
3) My employer applies for my Employment Pass but they are not registered in singapore since they do not do business here so I don't think they will go this route but is there another pass I should be considering? what if they outsource a local company to do the payroll and accounting? suggestions here or comments?
Thank you so much!! look forward to your replies and I am excited to part of this community.
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Working for US company while Residing in Singapore
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Re: Working for US company while Residing in Singapore
Using the search function at the upper right of the page just above your nick, click the settings icon on the right (it will show 'Advanced search' on rollover). On the advanced search page enter 'work for offshore company Singapore' in the Keyword search and Strong Eagle for the Search for author field. There is a veritable gold mine of information. I'd probably stay with posts from 2017 to date initially.
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers
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Re: Working for US company while Residing in Singapore
Thank you! I will do a search.
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