[Questions] Offshore property

[Otokiru]

1) I pump money to somebody overseas to buy land and construct a hostel for students to rent and stay.
2) Taxes are paid in that overseas country for the hostel.
3) The rental money i got monthly from the students is consider my salary or is there any special naming? (sorry my english ITE standard)

Now my questions is;
- do i need to declare income tax in SG?
- or is there any other tax i need to declare in SG?
- do i need register company name in SG?

 

[yoongf]

The investment return is not derived in sg so no need report in income tax form.

Nothing to report in sg.
No need register any company.

 

[Otokiru]

The investment return is not derived in sg so no need report in income tax form.

Nothing to report in sg.
No need register any company.

okay thanks