Working online under Spass

mmber · Post by **mmber** » Wed, 10 Aug 2011 5:18 pm

Dear All,
I am working permanently in one of Singapore register company under SPass. Is it possible to do business online while I am working under SPass?

Post by **sundaymorningstaple** » Wed, 10 Aug 2011 5:59 pm

Legally? No.

mmber · Post by **mmber** » Wed, 10 Aug 2011 8:05 pm

thank you.. then forget about it.

cherryrahtu · Post by **cherryrahtu** » Tue, 23 Aug 2011 11:54 pm

sundaymorningstaple wrote:Legally? No.

Why not? Let's say a person running a website and making money from google adsense, it is illegal?

revhappy · Post by **revhappy** » Wed, 24 Aug 2011 9:21 am

cherryrahtu wrote:
sundaymorningstaple wrote:Legally? No.
Why not? Let's say a person running a website and making money from google adsense, it is illegal?

Yeah, I am also curious on this one. How about trading? Buying something for cheap and reselling at a higher price? For eg. You buy a car for 20k and sell it for 40k and keep doing that again and again. I guess there is a very fine line between personal buy and sell and then doing it as a business.

Post by **nakatago** » Wed, 24 Aug 2011 9:29 am

cherryrahtu wrote:
sundaymorningstaple wrote:Legally? No.
Why not? Let's say a person running a website and making money from google adsense, it is illegal?

The way I understand it is, a business--online or off--must be registered in the country where it conducts its thing, hence the 'need for legality.'

Running ads on something like a blog or resource website, however, is muddled. Although, most taxation laws require you to state other sources of income when you file your ITR.

DISCLAIMER: I am not a lawyer.

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