Hi,
There are quite a few threads on contracting in Europe but not really in Singapore and hong Kong. I am currently contracting via a Ltd in the UK and have won a contract to work in both Singapore and Hong kong for 6 months (possible extendable to 1 year.)
I will be paid in SGD by the client's Singapore branch. I will however be required to work in HK for the first 3 months and the remianing in Singapore.
I am hoping to make full use of the tax efficiency of Singapore. I will eventaully get expert tax advise but at this point, I want to get a feel of what is the possible tax burdens/scenarios.
1. Contracting in Singapore? Does that have to be via ltd(local obviously) or is there sucha thing as umbrella there?
2. Given the above scenario, I would want to be tax resident in Singapore. The criteria is 182 days, would my 3 months in HK count towards work in singapore?
3. Given <3months in HK, I am truly exempt from HK tax?
4. Any expat or International contractors used Tax advisers that they will recommend? specialising mainly in APAC.
Thanks again!
There are quite a few threads on contracting in Europe but not really in Singapore and hong Kong. I am currently contracting via a Ltd in the UK and have won a contract to work in both Singapore and Hong kong for 6 months (possible extendable to 1 year.)
I will be paid in SGD by the client's Singapore branch. I will however be required to work in HK for the first 3 months and the remianing in Singapore.
I am hoping to make full use of the tax efficiency of Singapore. I will eventaully get expert tax advise but at this point, I want to get a feel of what is the possible tax burdens/scenarios.
1. Contracting in Singapore? Does that have to be via ltd(local obviously) or is there sucha thing as umbrella there?
2. Given the above scenario, I would want to be tax resident in Singapore. The criteria is 182 days, would my 3 months in HK count towards work in singapore?
3. Given <3months in HK, I am truly exempt from HK tax?
4. Any expat or International contractors used Tax advisers that they will recommend? specialising mainly in APAC.
Thanks again!
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