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

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What country did you end up choosing @BTCNG ?


xzars said:
@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.
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How does that work though?
 
For Free said:
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
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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
 
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