Working remotely on a LTVP

[kye]

Hello,
I am a foreigner on a Long term visit pass and was wondering if I can be employed by a company headquartered overseas and does not have an office in Singapore. Wanted to try working remotely while residing in Singapore.

There were some conflicting answers in some of the posts and wasn't sure where to get the most updated information. Thank you so much in advance for any tips!

[Sbk]

This has been answered before.
Yes you can work for any company remotely as long as it is not a Singapore registered company.
You do not need to pay tax and you do not need to inform MOM about your work.

[sundaymorningstaple]

This has been answered before.
Yes you can work for any company remotely as long as it is not a Singapore registered company.
You do not need to pay tax and you do not need to inform MOM about your work.

As an add on to this, the non-SG registered company cannot serve any clients it may have here in Sg as well. If it could it would negate the need for foreign companies to open local branches here, so, must be careful what your foreign employer asks of you.

[Myasis Dragon]

This has been answered before.
Yes you can work for any company remotely as long as it is not a Singapore registered company.
You do not need to pay tax and you do not need to inform MOM about your work.

This is absolutely not correct. If you are resident in Singapore and you are earning money, ie, earned income, then you pay personal income tax in Singapore.

Now, it is true that IRAS really doesn't have any effective way of knowing if you are earning taxable income, but the law says you are supposed to pay.

[PNGMK]

This has been answered before.
Yes you can work for any company remotely as long as it is not a Singapore registered company.
You do not need to pay tax and you do not need to inform MOM about your work.

Working in Singapore means generating "Singapore DERIVED income" and the IRAS are good at catching it (I've known a few divers caught in this one thinking they could work in the yards and Singapore waters without paying IRAS because they were paid offshore).

[sundaymorningstaple]

^^^^Yep. That's a Roger on that! But some didn't get caught cause they didn't make a habit of it.

I'm betting this might be the only one in existence here in Singapore......

[kye]

Thanks so much all for your responses! I just asked the IRAS chatbot on the tax matter and seeing the following response:

"All income received in Singapore from outside Singapore that is not sourced in Singapore by resident individuals is tax exempt. These include overseas income paid into a Singapore bank account. However, this does not include income received in Singapore from outside Singapore obtained through partnerships in Singapore or overseas employment that is incidental to your Singapore employment."

[PNGMK]

If you live here on an LTVP you are a resident individual (183 day rule applies also). Hence the above statement does not apply to your situation.

[Myasis Dragon]

that is not sourced in Singapore

You are living in Singapore. Therefore, your income is "sourced in Singapore".

That phrase refers to someone who moves to another country for an extended period of time, works there, pays taxes there, even if you deposit your earnings into a Singapore bank. Singapore doesn't tax foreign income earned.

[PNGMK]

that is not sourced in Singapore

You are living in Singapore. Therefore, your income is "sourced in Singapore".

That phrase refers to someone who moves to another country for an extended period of time, works there, pays taxes there, even if you deposit your earnings into a Singapore bank. Singapore doesn't tax foreign income earned.

MD you're banging your head on a brickwall. OP is trying to find a reason not to pay income tax. Fortunately IRAS are good at catching people like him.