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Pte Ltd Company with no business income yet

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vijsrinp
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Pte Ltd Company with no business income yet

Postby vijsrinp » Mon, 05 Nov 2012 7:18 am

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

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Postby Strong Eagle » Mon, 05 Nov 2012 9:25 am

What is your legal status in Singapore?

vijsrinp
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Postby vijsrinp » Mon, 05 Nov 2012 9:47 am

PR

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Strong Eagle
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Postby Strong Eagle » Mon, 05 Nov 2012 10:57 am

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

vijsrinp
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Postby vijsrinp » Tue, 06 Nov 2012 12:07 pm

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


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