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Self-Employed in SG by Overseas Entity

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Old 01-07-2020, 12:29 PM
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Default Self-Employed in SG by Overseas Entity

Hi all,

Seeking for some advice here as it's the first time I'll become a self-employed status - if you are self-employed appreciate your help!

Background:An Australian company is trying to hire me as first person in Singapore (they do not have an entity in Singapore yet), and the plan is to bring in business first and subsequently setup an entity here.

Therefore, they can only offer me a "contractor" agreement and will not be paying Employer CPF.

Have checked with an employment lawyer - I am definitely considered self-employed and can only seek legal resolution in Australia in the event if they default on salary etc.

Annual salary: 120K

Questions:
  1. What are my CPF implications aside from compulsory Medisave? I understand I can make voluntary OA/SA contributions monthly
  2. What are my income tax implications? I understand I have to declare my income on an annual basis?
  3. Any other implications as a self-employed?

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Old 01-07-2020, 02:32 PM
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I understand you probably did not want to ask these questions to an employment lawyer (even though you really should) to avoid paying fees outside the initial consult, but in all frankness you really should as this is very legally vulnerable position you will be in.

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Old 03-07-2020, 11:41 AM
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anyone can advise?

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