Hi All,
I am planning to move back to India and my current employer wants to retain me by continuing working from India remotely. Can someone advise
1.How can I continue working in India if the company is not registered in India?
2. What will be the taxation in this kind of arrangement?
3.Do I have to register somewhere if I work as a consultant in India?
Thank you
SINGAPORE EXPATS FORUM
Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore
Relocating to India
-
- Newbie
- Posts: 7
- Joined: Thu, 06 Jul 2017 10:30 am
Re: Relocating to India
Can someone advise on this?
Re: Relocating to India
1. I doubt India will care.
2. Pay taxes in India (presumably as a self employed person).
3. This is a Singapore forum - from the perspective of Singapore - not you don't have to do anything.
2. Pay taxes in India (presumably as a self employed person).
3. This is a Singapore forum - from the perspective of Singapore - not you don't have to do anything.
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!
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!
-
- Member
- Posts: 24
- Joined: Mon, 18 Jan 2021 11:20 pm
Re: Relocating to India
Hi Sandy,
I did some research for a friend who moved from US to India, under same arrangements with employer.
1) Your company can employ you on a contract, registered in Singapore, and you will be a contract employee working overseas. Simply put they will put you in system as a vendor from India
2) Your income will be taxed in India, and you will have to pay much higher tax than you would in Singapore Cost of living will be low significantly, so that might offset the tax.
Hope this helps. You can register in India as an LLC and your current employer can contract your 'new venture' for this work or you can work with this employer as an individual contractor. LLCs have some tax advantages but alot of paper work. If I were you, I would already be in touch with a corporate tax consultant or CA in India
I did some research for a friend who moved from US to India, under same arrangements with employer.
1) Your company can employ you on a contract, registered in Singapore, and you will be a contract employee working overseas. Simply put they will put you in system as a vendor from India
2) Your income will be taxed in India, and you will have to pay much higher tax than you would in Singapore Cost of living will be low significantly, so that might offset the tax.
Hope this helps. You can register in India as an LLC and your current employer can contract your 'new venture' for this work or you can work with this employer as an individual contractor. LLCs have some tax advantages but alot of paper work. If I were you, I would already be in touch with a corporate tax consultant or CA in India
-
- Newbie
- Posts: 7
- Joined: Thu, 06 Jul 2017 10:30 am
Re: Relocating to India
Thank you everyone
Re: Relocating to India
It sounds like you might want to consult with a tax consultant in India as suggested - it will probably help you find the most efficient arrangement vis a vis tax. From the little that I know, a consultant arrangement if possible, may result in significantly less tax burden as compared to a "normal" employee. And then there is the LLC registration way that was mentioned.
-
- Similar Topics
- Replies
- Views
- Last post
-
- 4 Replies
- 2127 Views
-
Last post by Strong Eagle
Fri, 28 Jul 2017 11:58 pm
-
-
Relocating to Singapore from UK - CPF & NI
by rootuf » Mon, 14 Aug 2017 2:06 am » in Careers & Jobs in Singapore - 1 Replies
- 1285 Views
-
Last post by Strong Eagle
Mon, 14 Aug 2017 6:05 am
-
-
-
Potentially relocating mid-October - where to live?
by rootuf » Sun, 03 Sep 2017 11:28 pm » in Property Talk, Housing & Rental - 0 Replies
- 1416 Views
-
Last post by rootuf
Sun, 03 Sep 2017 11:28 pm
-
-
-
Relocating from Australia to Singapore
by waynegrant » Sat, 14 Oct 2017 9:37 am » in Relocating, Moving to Singapore - 4 Replies
- 2293 Views
-
Last post by waynegrant
Thu, 02 Nov 2017 5:05 pm
-
-
-
Relocating to Singapore and searching for primary school
by Sherryyy » Tue, 05 Dec 2017 8:35 pm » in Primary & Secondary Schools - 5 Replies
- 4351 Views
-
Last post by Lisafuller
Sat, 30 Jan 2021 12:00 am
-
Who is online
Users browsing this forum: No registered users and 26 guests