Singapore Expats

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by Wayne Soo
Sun, 04 Apr 2010 2:15 am
Forum: Business in Singapore
Topic: Seeking Advice on Starting an Art Gallery
Replies: 7
Views: 4733

Re: Seeking Advice on Starting an Art Gallery

Hi Ric. I saw many paintings in Hanoi. Some copycats but many fantastic originals.
by Wayne Soo
Sun, 04 Apr 2010 2:06 am
Forum: Business in Singapore
Topic: Director Fee vs. Salary
Replies: 52
Views: 91559

Director's fee vs salary

Hi all The main difference is that salaries paid to directors do attract CPF and needs to be paid every month, while director fees do not attract CPF and can be paid out as and when co cash flow permits. Amounts saved in CPF is tax-exempt, whereas if fee is paid, you can take home the total amount. ...
by Wayne Soo
Sun, 04 Apr 2010 1:47 am
Forum: Business in Singapore
Topic: When is the first year you need to file Form C?
Replies: 2
Views: 3215

When is the first year you need to file Form C?

Hi If your first FY was from March 1 '08 to Feb 28 '09, technically speaking you'll need to break the period up to 1.3.2008 to 31.12.2008 and 1.1.2009 to 28.2.2009. The Form C would be due in Nov 2009 and Nov 2010 respectively. However, as it is your first FY, IRAS by concession may allow the whole ...
by Wayne Soo
Sun, 04 Apr 2010 1:35 am
Forum: Business in Singapore
Topic: Seeking Advice on Starting an Art Gallery
Replies: 7
Views: 4733

Re: Seeking Advice on Starting an Art Gallery

Hi Ric I saw many beautiful art pieces in Vietnam when I was there conducting professional workshops. I'm sure the other places you mentioned are also quite promising. If you could get some of the artists to allow you to showcase their work here on consignment basis, and if you could partner some ga...
by Wayne Soo
Sun, 04 Apr 2010 12:54 am
Forum: Business in Singapore
Topic: Information on Corporate, Company Tax in Singapore
Replies: 4
Views: 110958

Information on Corporate, Company Tax in Singapore

Hi,

The deadline to file corporate tax for YA2010 is end Nov 2010 BUT the deadline to file ECI is remains at 15 April 2010, which is the same deadline for personal income tax filing.

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