Hi
Can anyone help to answer this: I have a PEP and it's running out soon as I have been traveling overseas for various reasons. I was told either I can appeal for for extension for another 3 months or start my own company? Is that true? I was told starting your own business would mean you are effectively employed. If so, would i start as a sole proprietor or private ltd?
Thanks
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PEP holder to start a company
Hi,
I'm in a very similar situation and would also like to understand this better. I was told by an MoM officer last week that the PEP is not valid to start my own company, I would need to get an EntrePass instead (no matter whether it is for a Sole Proprietorship or Pte Ltd). Can somebody confirm this?
Btw, they didn't mention anything about that 3 month extension. Is that an extension of the maximum 6-month unemployment period?
Thanks!!!
I'm in a very similar situation and would also like to understand this better. I was told by an MoM officer last week that the PEP is not valid to start my own company, I would need to get an EntrePass instead (no matter whether it is for a Sole Proprietorship or Pte Ltd). Can somebody confirm this?
Btw, they didn't mention anything about that 3 month extension. Is that an extension of the maximum 6-month unemployment period?
Thanks!!!
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