Residency Status

Venkatraman (Finance Controller) (44 Points)

07 February 2022  

Hello All,

Request your clarification / advice on the following.

I am a Singapore Registered Permanent Establishment with a wholly owned Subsidiary in India in which I hold majority shares. I am represented by my Director who is a Singapore Resident.

Question - Assuming the Director, visits India for more than 180+ days in a financial year would it have an impact on the Status of the Indian Subsidiary? Any impact on the Singapore Entity.

Thank you

Kind Regards

Venkat