Singapore Expats

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by tadbubs
Fri, 19 Jun 2015 7:42 pm
Forum: Business in Singapore
Topic: Director Fee vs. Salary
Replies: 52
Views: 91615

Re: Director Fee vs. Salary

Gottit
by tadbubs
Fri, 19 Jun 2015 3:16 pm
Forum: Business in Singapore
Topic: Director Fee vs. Salary
Replies: 52
Views: 91615

Re: Director Fee vs. Salary

Haha, okay I'll bank on that when I get where I want to be. Thanks Tammy'
by tadbubs
Thu, 11 Jun 2015 12:19 pm
Forum: Business in Singapore
Topic: Director Fee vs. Salary
Replies: 52
Views: 91615

Re: Director Fee vs. Salary

Very helpful link. Thanks Strong Eagle.
by tadbubs
Wed, 10 Jun 2015 11:25 pm
Forum: Business in Singapore
Topic: Director Fee vs. Salary
Replies: 52
Views: 91615

Re: Director Fee vs. Salary

Thanks Strong Eagle. I've just notified my accountant to make-it-me.
by tadbubs
Wed, 10 Jun 2015 1:47 pm
Forum: Business in Singapore
Topic: Director Fee vs. Salary
Replies: 52
Views: 91615

Re: Director Fee vs. Salary

Living' my director was my accountant and secretary. Perhaps I'm using the term 'auditor' incorrectly.
by tadbubs
Wed, 10 Jun 2015 1:45 pm
Forum: Business in Singapore
Topic: Director Fee vs. Salary
Replies: 52
Views: 91615

Re: Director Fee vs. Salary

Yep, you are correct on all points. Thanks Strong E' for highlighting what my options are. I was not aware I had that flexibility.
by tadbubs
Tue, 09 Jun 2015 11:53 pm
Forum: Business in Singapore
Topic: Director Fee vs. Salary
Replies: 52
Views: 91615

Re: Director Fee vs. Salary

Nope, I'm not a director. This person will just be filling the role as per legal policy and government requirements for keeping a company going. There are no daily activities. I basically do all the work, pay into my company bank account and file taxes at the end of the year...with all the other aud...
by tadbubs
Tue, 09 Jun 2015 11:50 pm
Forum: Business in Singapore
Topic: How To Re-apply for PR Status (given up years ago)
Replies: 8
Views: 5811

Re: How To Re-apply for PR Status (given up years ago)

Excellent advice. Yep, I'd plan to stay the "long-haul". I really don't wanna go through the hassle of always applying over and over again for EP. The justification (with the new foreigner rulings) process has me sweating-it every 2-years. Just went through the process, again, last month. Thank good...
by tadbubs
Tue, 09 Jun 2015 11:33 pm
Forum: Business in Singapore
Topic: Director Fee vs. Salary
Replies: 52
Views: 91615

Re: Director Fee vs. Salary

Thanks. I'm new at all this as my former director (accountant/friend) is resigning. Difference of view on obliging his consistent requests to join his many MLM projects. He's staying on to handle the accounts and stuff but, wants out of directorship. Its all confusing to me but, I've gotta go at thi...
by tadbubs
Tue, 09 Jun 2015 11:17 pm
Forum: Business in Singapore
Topic: Director Fee vs. Salary
Replies: 52
Views: 91615

Re: Director Fee vs. Salary

Thank you Living'. Can I appoint her as "paid director" with only myself under the company as an employee?

Do I need to engage a company to get all this done or can I do it myself?
by tadbubs
Tue, 09 Jun 2015 10:53 pm
Forum: Business in Singapore
Topic: How To Re-apply for PR Status (given up years ago)
Replies: 8
Views: 5811

How To Re-apply for PR Status (given up years ago)

Hi y'all, 1. I was a PR in 2001-2003 2. I returned to New York to take care of my dying mother in 2003 and gave up my PR (thinking not to return) 3. I have now been on EP with my own company, here, for the past 7-years. 4. I'm 50+ 5. Is there anyway to re-apply for PR, or has that horse left the bar...
by tadbubs
Tue, 09 Jun 2015 10:44 pm
Forum: Business in Singapore
Topic: Director Fee vs. Salary
Replies: 52
Views: 91615

Re: Director Fee vs. Salary

If my close friend (Singapore PR working for another corporation) becomes my new company director (pte. ltd.) someone told me I would have to pay her at least $1200- $1500 as contribution towards her CPF. Is there any way other option? Or should I go to one of the local audit/secretarial/audit firms...

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