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Virtual office in Singapore

Lindsay Ho's Profile

My company is opening a virtual office in Singapore with no employee, I want to know if there is any rules, tax or accounting issue we need to know or be aware of.

Answers

Topic Expert
Keith Perry
Title: Consulting CFO and Business Operations A..
Company: Growth Accelerator
(Consulting CFO and Business Operations Advisor, Growth Accelerator) |

Lindsay,

It totally depends on what you mean by "virtual office". If it is a mailbox and a phone through a third party service. No.
If you are planning on being in SG and signing a contract there, you may be on thin ice unless you have a PE location that you're assigning the contract to.

KP

Lindsay Ho
Title: Accounting Manager
Company: Calypto Design Systems
(Accounting Manager, Calypto Design Systems) |

Hi Keith,

Thank you for answering my question. Our customers want to issue the PO to Singapore local branch/office instead directing to head quarter in the US. We'll not have a physical employee but an outside sale rep pay via commission. What's your suggestion? Do you know approximately how much it cost?

LH

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