Singapore taxability on overseas Director’s Fees received

Mar 25

Singapore taxability on overseas Director’s Fees received

This article answers the question: Do Singapore residents need to declare or pay taxes in Singapore on Director’s Fees received from an overseas company. Director’s Fees are defined as remuneration received strictly for occupying the office of Director. This is distinct from other forms of remuneration a Director may receive such as Salary. Director’s Fees […]

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The simplest entity structure for angel investors in Singapore

Mar 13

The simplest entity structure for angel investors in Singapore

This article is a quick read and will be helpful for angel investors in Singapore who: – have a local partner who is a citizen or permanent resident in Singapore – want a structure that is quick to register, low cost to maintain, and can have foreign investors – do not fancy complicated accounting The […]

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W8 – Invoicing a US customer from Singapore

Mar 24

W8 – Invoicing a US customer from Singapore

Singapore and the United States do not have a double taxation avoidance agreement (DTAA) in place. This lack of DTAA between the two major trading partners is likely by design for reasons which are beyond the scope of this piece, as the USA has taxation treaties with a number of countries where bilateral trade is […]

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Invoicing an Indian client from a Singapore company – Startup FAQs

Mar 02

Invoicing an Indian client from a Singapore company – Startup FAQs

Singapore and India have had Double Taxation Avoidance Agreements since 1981, which has gone through revisions in 1994, 2005 and 2011. The latest revision to the DTAA is the third protocol, signed on 30 December 2016. Here are some commonly asked questions by Singapore companies with respect to taking advantage of the Singapore-India DTAA. Do […]

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Offshore company incorporation

Jan 12

Offshore company incorporation

Why incorporate an offshore company? For businesses looking to go global, an offshore company is a good option to take. Setting up your offshore business in known jurisdictions such as the¬†British Virgin Islands, Cayman Islands, etc., is legal and provides a complete privacy when doing business. Apart from the confidentiality of setting up a business […]

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