Startup FAQs: Employment Pass holder who wants to incorporate a company outside Singapore

Jan 12

Startup FAQs: Employment Pass holder who wants to incorporate a company outside Singapore

Question:   “I want to know about the tax implications if I incorporate a company overseas Singapore while working here on an Employment Pass (EP). Please also discuss the immigration angle.”   Answer:   I will look at this strictly from the Singapore angle on immigration and taxation. Thought also has to be given to the rules...

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Applicability of Indian withholding tax to Singapore and Hong Kong service companies

Jan 15

Applicability of Indian withholding tax to Singapore and Hong Kong service companies

Is a foreign company selling services subject to Indian withholding tax? For a company in Singapore or Hong Kong selling services to an Indian client, an important question that affects your bottom line is whether such billing is subject to withholding tax in India. The simple answer is no, provided that the following conditions are met: Services...

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Filing company tax and PIC claims: Intermediate

Oct 30

Filing company tax and PIC claims: Intermediate

Hello November. It’s the time of the year that every Singapore company is required to file tax. Join us for a 1,5-hours tour on Singapore’s corporate tax filing sponsored by Plug-in@Blk71. Following our introduction to Singapore corporate tax regime, this is an intermediate session that will look more in-depth at tax planning and optimizing PIC claims. Date:...

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Filing company tax and PIC claims

Oct 02

Filing company tax and PIC claims

Join us for a brief tour on Singapore’s corporate tax regime sponsored by Plug-in@Blk71. This session will provide an idea of what a director of a Singapore startup should know about how to file corporate tax and PIC. Did you know that for the first three years since incorporation, you might not need to pay any company’s...

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Personal tax guide for YA 2014

Jan 14

Personal tax guide for YA 2014

This article was originally published in Singapore Business Review. For a little island that has lead the world in economic performance being the No. 1 city with the best investment potential, Singapore’s personal income tax rates are unusually low. Its rates remain amongst the lowest, along with Hong Kong and Macau, even as the global average rate...

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