I started a business in HKG last year and now we have to move to Singapore.
The business currently has a very low turnover and I an about to submit my first set of accounts.
I definitely want to bring it over with me to Singapore but not quite sure how to handle it yet.
It is an online business and I also act as sales Agent for 2 of the brands so I will try to break into some of the big luxe stores in Singapore.
I also do private organised home sales which are pretty successful - does this concept exist in Singapore?
If I keep HKG as company base, and open a subsidiary in Singapore will I need to provide accounts to Singapore govt as well as HKG govt? If so, it might just be better to move and recreate new company in Singapore...
If I decide not to retail and just keep up the sales agent, can I just work freelance and file normal tax return?
I will be moving on a dependant/spouse visa.
THANKS