WRONG!Addadude wrote:To the best of my knowledge, if you are NOT a Singapore citizen or PR, you CANNOT be a director of a local company. You can be a shareholder but not a director. I know this because a few years ago, before I got around to applying for PR, I set up a local coffee shop business with 4 local friends. They all became directors of the company but I could only be registered as a shareholder because I was only on an EP at the time.
This is highly unknown at this point. What is known is that an EP cannot be a director of a company, operating under the assumption that an EP is already full time employed by another company.CrystalWater wrote:Thank you for your input.
I am wondering if you can also shed any light on the following...
With regards to a PEP holder, can they be a Director of a company. I have been into MOM and they said "No" ??? I have rang MOM today and spoke to a consultant who said "yes". I have recorded her details for future reference but was wondering if you have come across this before?
Kind regards.
I 'failed' to qualify because I was just a humble EP holder. It's odd that, for example, a wife who is a DP can be a director but not her husband who is holding the EP - and thus the reason why she got the DP in the first place!sundaymorningstaple wrote:Unless of course he tried to open the coffeeshop before April 2004? I don't remember what the rules were before that though.
[Note: my emphasis]Strong Eagle wrote:...What is known is that an EP cannot be a director of a company, operating under the assumption that an EP is already full time employed by another company...
The big question is: What is the business? And why only $100? Both of these are issues. Nobody works for $100 per month... why did you indicate this salary?cracktojack wrote:we got very bad news today... that my wife who's on DP, her LOC applciation is rejected.
We are in a fix, because she has setup her own compnay after meeting MOM and then ACRA. Now she is the director of the compnay, but to work for compnay, she applied for LOC for the post of "CEO". Today we found that her LOC application rejected.
1. Does "CEO" post was responsible for rejection?
2. My EP (and hence her DP) is valid for 24 months and 3 months are already passed, still we wrote 24 months in the application. Does this one make impact?
3. Or that she put $100 as salary. Does this make issue?
4. May be because we haven't stayed for 183 days in singapore yet, made any rejection?
5. She hasn't submitted any other docs except bizfile docs. Does she has to submit her CV and other docs also?
Problem, is within 3 months she has to appoint auditors and in 6 months CS. And moreover we were quite sure that there won't be any issue with LOC being straight forward startup case, we have already invested a lot for company's products and website etc.
What to do.... Should she appeal? Anyone in MOM we can contact?
SE.. pls help
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