SINGAPORE EXPATS FORUM
Singapore Expat Forum and Message Board for Expats in Singapore & Expatriates Relocating to Singapore

Thank you for the advice Strong Eagle. My friend will set up her own sole-proprietorship and we will write an agreement between the two businesses. I have heard many times that a company is better because of lower corporate taxes but we would still have to pay taxes on our personal income so I guess...

This is really helpful, thank you Strong Eagle. So, what I am now thinking is best: stick to the sole-proprietorship, encourage the partner to set-up her own sole-proprietorship and get her own LOC create an agreement between the two businesses where her loan for investing in the app entitles her to...

Thanks for prompt reply Strong Eagle.

The main reason is that I want this person to invest half the cost of the App as well as share half the profits from it while keeping the counselling business separate somehow.

oi a todos os portugueses em Singapura. Eu vou viver para Singapura com o meu marido (Ingles) e a minha filhota de 20 meses em Janeiro. Baixinha: eu ja tenho bastante informacao sobre Singapura. O que queres saber? claro que quando estiver la a morar a practica pode ser diferente da teoria... Beijin...