Best set up if I’m tax exempted in my country from offshore profits

[iloveyouguys]

Where did you guys incorporate and how did it go? -

 

[Zyncol]

What country did you end up choosing @BTCNG ?

@BTCNG

Yes.

Furthermore, there's a lot of misconception of what "US source income" and ECI mean. You can sell to US clients (physical goods and services), and not pay CIT or PIT in US.

US Source Income != US Client Pays You

Both, tax lawyers and CPAs frequently get it wrong.

How does that work though?

 

[StuartG]

A Singapore company without a Singapore bank account is a great option

 

[For Free]

A Singapore company without a Singapore bank account is a great option

Dear @StuartG, does a Singapore company with bank account elsewhere have to declare foreign-sourced income with ACRA or just leave it until the fund remitted to Singapore?
Thank you

 

[StuartG]

Dear @StuartG, does a Singapore company with bank account elsewhere have to declare foreign-sourced income with ACRA or just leave it until the fund remitted to Singapore?
Thank you

All income must be included and declared in returns to ACRA, the accounts and the tax return but it is not taxable if not remitted to Singapore