Compliance Requirements of Frequent Business Travellers
15 January 2019
Businesses and companies now operate in an increasingly global environment where employees work across borders with greater ease. Consequently, ensuring compliance with destination countries’ regulations (e.g. immigration, social security, taxes, etc.) is more important than ever.
Over the years, Singapore’s various government agencies, including the Inland Revenue Authority of Singapore (“IRAS”), have reviewed and revised the requirements and employer’s obligations in respect of frequent business travellers (“FBT”). A FBT is defined as an employee who is based outside of Singapore and makes frequent business trips into Singapore. Although Singapore does not have monthly withholding requirements, companies still face risk in the other areas relating to FBTs travelling to Singapore for business purposes. Read about it on this alert.
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