Smart Virtual Office Singapore

Dear All, as we know Tax and Cpf contributions are a part of doing business in Singapore. We would like to introduce what we know about tax and cpf contributions.

Under Singapore tax laws, tax is chargeable on the income of any person(including a company) accruing in or derived from Singapore or received in Singapore from outside Singapore. A company means any company incorporated or registered under any law in foce in Singapore or elsewhere. Contact the Inland Revenue Authority of Singapore for more information.

If you emply stuff, you need to contribute to the Central Provident Fund (CPF) for your employees. For more details, you may contact the CPF board.

Self-employed persons who have registered businesses as sole proprietorships need to contribute to their Medisave accounts with the CPF before they can renew their business registration. The amount payable is computed by the CPF based on their business earnings.

The Registry of Companies and Business has produced a guide titled "A Good Start". It contains comprehensive information on setting up a business in Singapore and is obtainable from leading bookstores at S$15.

Here are CPF and IRAS address

CPF Board
79 Robinson Road
CPF Building
Singapore 068897
website : http://www.cpf.gov.sg

Inland Revenue Authority of Singapore
55 Newton Road, #23-00
Revenue House
Singapore 307987
Website : http://www.iras.gov.sg

Hope the info helps

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