Singapore Expats

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by c_salvarin
Mon, 08 Mar 2010 11:43 pm
Forum: Business in Singapore
Topic: GST for services
Replies: 18
Views: 12375

Consulting services are subject to GST IF you are GST chargeable, that is at least 1 million turnover. GST is generally not applied to services not performed in Singapore IF the business entity you are working for has an office in the country in which you are working. But, until you hit 1 million, ...
by c_salvarin
Mon, 08 Mar 2010 11:23 pm
Forum: Business in Singapore
Topic: Director Fee vs. Salary
Replies: 52
Views: 91615

Hello people, I just saw this post very useful to me. The thing is I am openig Pte Ltd. with only myself as a director/shareholder. So, I just would like to understand after I incorporate the company, what should I do regarding the salary & director's fee: Step 1. AGM stating director fee? Step 2. E...
by c_salvarin
Mon, 08 Mar 2010 10:19 pm
Forum: Business in Singapore
Topic: GST for services
Replies: 18
Views: 12375

That is too big a subject for an online forum and trying to condense it to something easily digestible. Basically, if your turnover (total revenues) does not exceed 1 million, you don't need to register for, or charge GST to your clients either within or without Singapore. For all the nitty-gritty ...
by c_salvarin
Mon, 08 Mar 2010 9:56 pm
Forum: Business in Singapore
Topic: GST for services
Replies: 18
Views: 12375

GST for services

Hello guys, I would like you guys to share experience on GST. The thing is I am opening consulting firm. I will set it as Private Limited Company (Pte. Ltd.) I will provide consulting service to client in Thailand and charge them as consulting fee. Because I don't think my turnover would exceed 1 mi...

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