Singapore citizen Overseas Employer

[custard123]

Hello, seeking some advice here as I was unable to find any info that is relatively recent.

I'm a Singapore citizen based in Singapore working remotely for an overseas employer that is based in Europe.

The employer does not have a legal entity here in Singapore and my salary, claims etc are sent directly to my Singapore bank account.

My question is, am I liable to pay both the employee+employer CPF contribution? If so, is that done through the voluntary top up way?

Thank you..

[Pal]

CPF contributions are required on wages payable to any Singapore Citizen or Permanent Resident employee working in Singapore, even if the contract is signed overseas.

https://www.cpf.gov.sg/member/faq/growi ... s-employer

Employer CPF portion should be communicated to your employer about the requirements. If the employer does not pay their portion, contact CPF to see what is the next course of action.

Hello, seeking some advice here as I was unable to find any info that is relatively recent.

I'm a Singapore citizen based in Singapore working remotely for an overseas employer that is based in Europe.

The employer does not have a legal entity here in Singapore and my salary, claims etc are sent directly to my Singapore bank account.

My question is, am I liable to pay both the employee+employer CPF contribution? If so, is that done through the voluntary top up way?

Thank you..

[Strong Eagle]

Hello, seeking some advice here as I was unable to find any info that is relatively recent.

I'm a Singapore citizen based in Singapore working remotely for an overseas employer that is based in Europe.

The employer does not have a legal entity here in Singapore and my salary, claims etc are sent directly to my Singapore bank account.

My question is, am I liable to pay both the employee+employer CPF contribution? If so, is that done through the voluntary top up way?

Thank you..

Permit me to add onto what Pal has posted. In Singapore, you must be working for a Singapore business in order to be considered "employed", otherwise, you are considered to be self employed.

Therefore, if the overseas company that employs you does not have a registered Singapore business entity, then you are a self employed contractor for the overseas company.

In addition to the CPF page that Pal has posted, I offer you the following CPF page which appears to be somewhat in conflict with what Pal has posted. However, in my experience, this is how most people operate.

https://www.iras.gov.sg/taxes/individua ... yed-person

The relevant definitions are:

You are employed or an employee if you perform work under a contract of service where you work under the control of your employer.

You are self-employed when you perform work for others (e.g. provide a service) under a contract for service.

As a purely self employed person, that is, a sole proprietorship, registered or not, the following rules apply to you.

https://www.cpf.gov.sg/member/growing-y ... yed-person

On the other hand, you may wish to create your own private limited. If you do this, then you become an employee of your own private limited, the "employer of record" as noted in the link Pal posted, and you will pay CPF just as though you were working for another employer.

I can't tell you which way to proceed, except to tell you that the pte ltd route also provides you with a corporate shield.

[Pal]

Thank you SE for the answers and suggestions.

[PNGMK]

I'm in pretty much the same boat. I just do VC's. CPF and IRAS treat me as an SEP.