Company Director and tax residence

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estremis
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Company Director and tax residence

Post by estremis » Wed, 20 Jan 2021 12:37 pm

The way I read the guidance on tax residence on the IRAS pages, there are a number of ways an individual can be considered tax-resident in Singapore beyond the standard 183 day test. However, it *seems* that for the director of a Singapore company, the 183 day test is the only consideration.

Am I reading this correctly? What if company duties require a lot of travel?

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PNGMK
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Re: Company Director and tax residence

Post by PNGMK » Wed, 20 Jan 2021 2:09 pm

There are a few ways in addition that tax residency may be determined - holding an EP is one.
I not lawyer/teacher/CPA.
You've been arrested? Law Society of Singapore can provide referrals.
You want an International School job? School website or http://www.ISS.edu
Your rugrat needs a School? Avoid for profit schools
You need Tax advice? Ask a CPA
You ran away without doing NS? Shame on you!

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Strong Eagle
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Re: Company Director and tax residence

Post by Strong Eagle » Thu, 21 Jan 2021 3:29 am

As long as you have a permanent residence in Singapore, you can travel all you want. You're still resident for tax purposes. The EP, as PNGMK noted, confirms this.

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