There are a couple of approaches which could be taken to reduce tax. In the first case, the company itself would incorporate a wholly owned subsidiary here in Singapore, a private limited. The Singapore company would then hire/transfer the employee, pay her wages, CPF, medical, etc in Singapore. She could take the earned income exclusion.Stoven wrote:SE,
So if you are a U.S. citizen working in Singapore and paid by a U.S. company you do not get any U.S. tax exemptions? But if you are paid by a foreign company you can get the $82k tax exemption?
How will setting up a business here help? Do you have to register your company and have your employer pay the company in USD and then have your company pay your salary in SGD?
I am just curious because I am looking into possibly working remotely in Singapore for a U.S. company. I would be working like a contractor. So if I setup a small contractor company and have my employer pay the company and not me directly I can take advantage of the tax exemption?
No, if you are PR you are free to start whatever business you want simply by registering with ACRA.Stoven wrote:If I have Singapore PR would I still need to apply for an Entrepass?
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