Thanks for the info. Is it possible to apply for an EP with a newly registered company? My friend's company is bearly a month old and she's on EPass. This company was jointly open with another guy who's on Social visit pass. According to MOM's rules and regulations,one is not allowed to sign on behalf of a company if she/he is employed under another company.Strong Eagle wrote:Actually, an Entrepass IS an employment pass. The company created by the Entrepreneur is the sponsoring company.
Sounds like you have two ways to go. File your business plan and get an Approval in Principle letter for the plan, which means you can collect your Entrepass. Then cancel your current EP.
Or, if your friend has a newly registered company, just get it to file for an EP for you... you can still be a shareholder, director, etc, under an EP.
1. Yes, there is no reason that the new company cannot apply for EP's for potential employees. They (you) just need to meet EP criteria. My company employed EP's within a few months of forming.brownsugar wrote:Thanks for the info. Is it possible to apply for an EP with a newly registered company? My friend's company is bearly a month old and she's on EPass. This company was jointly open with another guy who's on Social visit pass. According to MOM's rules and regulations,one is not allowed to sign on behalf of a company if she/he is employed under another company.
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