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  1. #1

    How do taxes affect your business?

    How do taxes affect your business? I am self-employed, but paying taxes is killing me. At the moment because of the situation in the country it turns out that all I do is pay taxes, but I do not earn anything.

  2. #2
    For new employers, whether it is a newly established Singapore subsidiary of a foreign company or a local startup. For all, there is one levy that obliges everyone to pay for all full-time and part-time employees. The sdl skill development levy under the Tax Act is levied on all employers both private and public.
    Last edited by MelkiyNekit; 10-09-2021 at 03:07 AM.

  3. #3
    If you are working as a self-employed, then why you cannot pay taxes.

    If your income will in 10 Lac per year, then I suggest paying the taxes
    Last edited by martinjohn; 10-08-2021 at 04:29 AM. Reason: Grammar Error

  4. #4
    Taxes are bullshit, invented only to remove competition at the entry level. It is created by law and should be punished for breaking the law, but how many companies in your country are sheltering from paying taxes

  5. #5
    I think that in this situation it is better to open a business abroad. I know how hard it can be, so in this situation I decided that will be a great solution to open bank account in hong kong. It is a new level for business, because you can get new clients abroad, to find the best solution for business and to be sure about how your business goes.

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