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online business in singapore

Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.
konaing
Newbie
Newbie
Posts: 2
Joined: Thu, 14 Aug 2008
Location: Myanmar

online business in singapore

Postby konaing » Thu, 14 Aug 2008 1:51 pm

Hi all,

I am singapore PR and currently living oversea for 3 years. So my re-entry permit is expire and I can't renew cos i not work in singapore. But I have an excellent idea to do online business which is digital product only. What i want to know is.....

can i register that online business as a business entity which i can pay income tax and CPF to extend my REP ?

what step do i need to do to set up online business (what i mean is where (ICRA or blah blah) to register and how?

and my paypal account with POSB account is taxable or not?

Please anyone answer me.

many thanks,

konaing

Biogentic
Member
Member
Posts: 36
Joined: Fri, 15 Aug 2008

Re: online business in singapore

Postby Biogentic » Fri, 15 Aug 2008 1:36 am

konaing wrote:Hi all,

I am singapore PR and currently living oversea for 3 years. So my re-entry permit is expire and I can't renew cos i not work in singapore. But I have an excellent idea to do online business which is digital product only. What i want to know is.....

can i register that online business as a business entity which i can pay income tax and CPF to extend my REP ?

what step do i need to do to set up online business (what i mean is where (ICRA or blah blah) to register and how?

and my paypal account with POSB account is taxable or not?

Please anyone answer me.

many thanks,

konaing


to setup business, visit this website www.acra.gov.sg i think it provides more details than what i going to tell you.


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