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by SingaporeEP » Fri, 05 Feb 2021 4:02 am
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