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I am a Board Member/ Director. Am I considered a self-employed person, and do I have to contribute to my CPF?
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Source: https://www.cpf.gov.sg/memberIt depends on the nature of your relationship with the company, and the nature of the moneys received.
If you’re engaged as a Board Member or Director under a contract of employment (or Contract of Service) with the company, you’ll have to contribute to your CPF as an employee.
If you’re engaged in a business, profession or vocation of providing services as a Board Member or Director to companies, you’ll have to contribute to your MediSave as a self-employed person (SEP).
Please visit the Inland Revenue Authority of Singapore (IRAS) website for the differences in treatment between employees and SEPs.
This information provided here is sourced from the CPF website.
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