Pte Ltd Company with no business income yet

[vijsrinp]

Hello,

I'm currently sole DIRECTOR + SHAREHOLDER of a Pte Ltd Company with no employees and transactions (meaning no business income). However I may have an opportunity to undertake a small consulting contract overseas.

With no employees in the company, as sole DIRECTOR:

(a) Can I sign the new contract on behalf of the company and perform the consulting myself though I'm not officially an EMPLOYEE?

(b) Can I invoice & receive payments?

(c) Can I seek reimbursement on business expenses for securing/performing this contract?

Thanks for your advise in advance.

Rgds,
Vijsrinp

[Strong Eagle]

What is your legal status in Singapore?

[vijsrinp]

PR

[Strong Eagle]

Then, yes, you can do as you have described.

[vijsrinp]

hello strongeagle...thanks a lot for your feedback.