Singapore Expats

Independant IT Consultant in Singapore - Please help!

Moving to Singapore? Ask our regular expats in Singapore questions on relocation and their experience here. Ask about banking, employment pass, insurance, visa, work permit, citizenship or immigration issues.

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Saint
Director
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Posts: 3505
Joined: Thu, 16 Jun 2005 5:19 pm
Location: The Juban Stand, Boat Quay
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Re: Sole Proprietorship

Post by Saint » Thu, 09 Jul 2009 11:52 pm

nassaugirl wrote:You can open a sole proprietorship as a dependant pass holder, which I assume you will be if your wife will be working here.
Wife is Singaporean so can't get DP :roll:

Dave_33
Newbie
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Joined: Wed, 08 Jul 2009 10:39 pm
Location: UK

Post by Dave_33 » Fri, 10 Jul 2009 12:39 am

Saint, my current salary is about 2600€. My company is ready to offer 4000€ since it will not have to pay any social security and so on...
Unfortunately, 7000 SGD worth 3430€...

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ksl
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Post by ksl » Fri, 10 Jul 2009 1:23 am

Dave_33 wrote:Saint, my current salary is about 2600€. My company is ready to offer 4000€ since it will not have to pay any social security and so on...
Unfortunately, 7000 SGD worth 3430€...
I would ask your Company to help you set up here in their name, whereby they can also have a win win situation, if the work goes through you in Singapore sales office, it's no sweat if they are offering a sub contract to fulfil, and you have the scope to expand their business potential, whatever that maybe. or do it in a joint venture and also seek funding from the European communities, if there is a possibility for it.

Most European governments have a system in place for expanding export potential, at around 35 to 50% grant opportunities. It all depends on you meeting the criteria! If there i s a chance you can create more jobs back home and more jobs in Singapore, you maybe on a winning streak to qualify for grants under the project schemes, but basically most of these grants are paid if you take a qualified exporter along for 3 years, it includes the consultants income and they are there to help you succeed in penetrating the market with your services.

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