southsea wrote:Maestro,I have been in Singapore 4 weeks now and I am STILL waiting
for my Entrepreneur pass to be authorised (in principle)... I went to MOM
today and I was told that it could take another 2 weeks.After this I told the lady that I would like to get setup for the
Christmas Business I was told she would try and speed things up.![]()
Once I get this "in principle" letter I can set up a company and bank account etc...
and then I can be given my workpass on receipt of a bank
guarantee of 3000$, as I have no sponsor.
At least I think this is what will happen.
Like yourself,I will be working from home and supplying customers in Europe and the Usa with product.
Eagle I have written to you before,I think I may need your help on secretary etc and I do not mind paying.
Well,I would probably take your advice and register a private company.Strong Eagle wrote:Did you set up as a private limited or a sole proprietorship?
southsea wrote:Maestro,I have been in Singapore 4 weeks now and I am STILL waiting
for my Entrepreneur pass to be authorised (in principle)... I went to MOM
today and I was told that it could take another 2 weeks.After this I told the lady that I would like to get setup for the
Christmas Business I was told she would try and speed things up.![]()
Once I get this "in principle" letter I can set up a company and bank account etc...
and then I can be given my workpass on receipt of a bank
guarantee of 3000$, as I have no sponsor.
At least I think this is what will happen.
Like yourself,I will be working from home and supplying customers in Europe and the Usa with product.
Eagle I have written to you before,I think I may need your help on secretary etc and I do not mind paying.
Quite unlikely that you would get an S-pass. It is a controlled pass... must be 5 local workers on the payroll for every S-pass person.Maestro_Rob wrote:I think he has the same plan as me. Basically in the area of design you are used to work as freelancer in many countries.
So, no office, etc..
Also in that role you have travel a lot and need no staff, but other freelancers or small companys local. You are more like a supervising artdirector and Singapore really need such people, pushing the creative potential.
Yes, it would be very helpfull to get information about the 'director' thing and where to find one. Also I wonder why there is no community that helps people finding a start (beside this very good one).
I have also another idea. You can be employed by a company for a parttime job and if they agree to your secound work, then you get at least an S-Pass..
The way it works is that you must have a registered business when you apply for the Entrepass, but not for more than 6 months. See:southsea wrote:Well,I would probably take your advice and register a private company.Strong Eagle wrote:Did you set up as a private limited or a sole proprietorship?
southsea wrote:Maestro,I have been in Singapore 4 weeks now and I am STILL waiting
for my Entrepreneur pass to be authorised (in principle)... I went to MOM
today and I was told that it could take another 2 weeks.After this I told the lady that I would like to get setup for the
Christmas Business I was told she would try and speed things up.![]()
Once I get this "in principle" letter I can set up a company and bank account etc...
and then I can be given my workpass on receipt of a bank
guarantee of 3000$, as I have no sponsor.
At least I think this is what will happen.
Like yourself,I will be working from home and supplying customers in Europe and the Usa with product.
Eagle I have written to you before,I think I may need your help on secretary etc and I do not mind paying.
However I cannot do anything yet until I get my initial "in principle"
from MOM ?
I cannot even find a bank that will let me start an account until I get this
letter.
Either way you do it you need the Entrepass... the letter just lets you go down to MOM and get your passport stamped... a half day affair.southsea wrote:Thanks Eagle,
There seems to be TWO ways to apply for the Entrepass :
1) is READY to start own business/company
2) already has business registered with ACRA.
As I am only READY to start I presumed I need the "in principle" letter
first.
Mom have my business plan - so fingers crossed.
Interestingly as a one man show - I cannot be a BUSINESS,only a COMPANY.
I will mail you later if I need a secretary or not - this is getting confusing.
The way I see it,paying the 3000 $ bank guarantee makes me exempt
from needing a director/secretary.
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