Singapore Expats Forum

Info on Non-Resident employers

Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.
Vasu
Newbie
Newbie
Posts: 2
Joined: Fri, 13 May 2005

Info on Non-Resident employers

Postby Vasu » Fri, 13 May 2005 3:24 pm

Would like to know the procedure and rules for being employed by a non-resident employer. i.e A company looking to business in singapore and asean region.

Guest

Postby Guest » Fri, 13 May 2005 5:09 pm

If your are resident here, that is to say you remain 183 days a year in Singapore, then you will have to pay tax here.

You will probably be classed as the agent of the company and may have to register for business on behalf of your company.

User avatar
Strong Eagle
Moderator
Moderator
Posts: 10413
Joined: Sat, 10 Jul 2004
Location: Off The Red Dot
Contact:

Postby Strong Eagle » Fri, 13 May 2005 5:19 pm

The company wishing to do that will have to register either as a branch of the parent company or incorporate as a wholly owned subsidiary of the company if they intend to do business in Singapore or if Singapore is used to serve regional markets. The company is then subject to the same rules regarding taxes, CPF, etc., as any other registered entity.

User avatar
bizcatalyst
Regular
Regular
Posts: 52
Joined: Sat, 14 May 2005
Contact:

Another Alternative

Postby bizcatalyst » Sat, 14 May 2005 11:53 am

The foreign company can engage a fulfillment company to act on their behalf until their business is well establish in this region before they start a local registered company.

Vasu
Newbie
Newbie
Posts: 2
Joined: Fri, 13 May 2005

Postby Vasu » Tue, 17 May 2005 2:51 pm

great Thanks for the replies.

Incase of a fulfillment company then is it advisable to have a seperate contract signed with them along with the original contract signed by foreign company?

User avatar
bizcatalyst
Regular
Regular
Posts: 52
Joined: Sat, 14 May 2005
Contact:

Postby bizcatalyst » Tue, 17 May 2005 6:18 pm

If you have signed the contract, then it is appropriate to sign another contract for the fulfillment.
I think you can iron this out with your foreign employers. Fulfillment service/company is always very accomodating.
Regards.

Bizcatalyst
Bizcatalyst

Everyone has taken position, ready to commence business as Unusual ............and all pigs are fed, ready to fly.


  • Similar Topics
    Replies
    Views
    Last post

Return to “Business in Singapore”

Who is online

Users browsing this forum: No registered users and 4 guests