Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.
-
relocaterelocate
- Newbie
![Newbie Newbie]()
- Posts: 12
- Joined: Sat, 19 Dec 2009 6:30 am
-
Quote
-
0
login to like this post
Post
by relocaterelocate » Sat, 19 Dec 2009 7:14 am
Hi,
I'd like to apologise firstly if this has already been covered in some of the other threads - I have gone through a lot of posts but cant find someone who was in a similiar position as myself.
Long story short, my company (Headquarters in London but with offices all over the globe) is looking into starting an operation in Singapore. This would only be on a trial basis (6-9 months) and dependant on the success would look into opening an office.
I understand that the way forward is to apply for the Entrepass but is there a (legal) way around that?
E.G our company has quite a large office in HK. Would it be possible for me to be registered as on the books in HK but working in Singapore on a (lets say) 6 month project? Would the P Pass 1 Holders cover that? Or does that pass only cover people working for registered companies in Singapore?
The main reason why I am asking is because I am pretty sure my Co will not want to pay the 50,000SD for Entrepass.
Any advice would be helpful as I am tearing my hair out how much I want this to work!!!
-
Strong Eagle
- Moderator
![Moderator Moderator]()
- Posts: 11818
- Joined: Sat, 10 Jul 2004 12:13 am
-
Answers: 12
- Location: Off The Red Dot
-
Contact:
-
Quote
-
0
login to like this post
Post
by Strong Eagle » Sun, 20 Dec 2009 1:18 pm
Your company can start its own wholly owned subsidiary here. Depending on what you will be doing it can be a representatives office (basically no earned income in Singapore) or it can be a wholly owned private limited.
Based on your limited information, if your company is "substantial" no Entrepass is required. Google 'ACRA' and read more about it.
PS: You don't 'pay' SGD 50,000. You invest it in the company you are starting. Could come right back out as a management fee if you wanted.
-
relocaterelocate
- Newbie
![Newbie Newbie]()
- Posts: 12
- Joined: Sat, 19 Dec 2009 6:30 am
-
Quote
-
0
login to like this post
Post
by relocaterelocate » Mon, 21 Dec 2009 8:24 am
Strong Eagle wrote:Your company can start its own wholly owned subsidiary here. Depending on what you will be doing it can be a representatives office (basically no earned income in Singapore) or it can be a wholly owned private limited.
Based on your limited information, if your company is "substantial" no Entrepass is required. Google 'ACRA' and read more about it.
PS: You don't 'pay' SGD 50,000. You invest it in the company you are starting. Could come right back out as a management fee if you wanted.
Apologies everyone, I realised this should of been posted this in "Relocating, Moving to Singapore" part of the forum.
Strong Eagle - PM and thanks for your reply!
-
relocaterelocate
- Newbie
![Newbie Newbie]()
- Posts: 12
- Joined: Sat, 19 Dec 2009 6:30 am
-
Quote
-
0
login to like this post
Post
by relocaterelocate » Mon, 21 Dec 2009 8:44 am
Strong Eagle wrote:Your company can start its own wholly owned subsidiary here. Depending on what you will be doing it can be a representatives office (basically no earned income in Singapore) or it can be a wholly owned private limited.
Based on your limited information, if your company is "substantial" no Entrepass is required. Google 'ACRA' and read more about it.
PS: You don't 'pay' SGD 50,000. You invest it in the company you are starting. Could come right back out as a management fee if you wanted.
Just realised I cant PM until I have more posts!!!
Quite annoying after I spent 15 minutes responding to Strong Eagle!
-
sundaymorningstaple
- Moderator
![Moderator Moderator]()
- Posts: 40600
- Joined: Thu, 11 Nov 2004 1:26 pm
-
Answers: 21
- Location: Retired on the Little Red Dot
-
Quote
-
0
login to like this post
Post
by sundaymorningstaple » Mon, 21 Dec 2009 8:52 am
It's not near as annoying as being bombarded with unending amounts of spam in your PM facility. You need 5 posts before you PM send feature is activated. This generally prevents spammers from just joining to spam the regulars with garbage, the moderators generally catch the spammers before they get too far.......
moderator
SOME PEOPLE TRY TO TURN BACK THEIR ODOMETERS. NOT ME. I WANT PEOPLE TO KNOW WHY I LOOK THIS WAY. I'VE TRAVELED A LONG WAY, AND SOME OF THE ROADS WEREN'T PAVED. ~ Will Rogers
-
-
Advice appreciated - PR approval chances
Replies: 3
First post
Sorry about all the duplicates, I do not mean to bomb this topic, but I can't find ways to delete the post....
----
I wish to get some advice on PR...
Last post
I just needed to be 3 days patient.. Got my PR. Thank you all.
Congratulations! Time to celebrate at COTE or DRIM?
- 3 Replies
- 3319 Views
-
Last post by NYY1
Wed, 28 May 2025 8:08 pm
-
-
I would really appreciate your advice - Citizenship
Replies: 3
First post
Hello experts,
For family planning purposes, I am trying to get a realistic assessment of the likelihood of attaining citizenship. I'll state the...
Last post
It would be worth finding a copy of the latest Singapore Statistics Population report.
In general you are not too old for SC. The curve pushes out...
- 3 Replies
- 4251 Views
-
Last post by PNGMK
Sun, 21 Feb 2021 10:30 pm
-
-
I am wondering whether I would have any chance for citizenship
Replies: 1
First post
Hi,
I am considering to apply for SC, however, given the fact that I would be applying without family, I was wondering whether I would stand any...
Last post
I'd think of it this way - what's in it for Singapore? It's been pretty clear the intent behind granting SC is mostly to have families permanently...
- 1 Replies
- 5414 Views
-
Last post by jalanjalan
Thu, 18 May 2023 6:09 pm
-
-
90% of people would never want to come to office fulltime again!
Replies: 21
First post
Back to the office, hybrid or fully remote?
I spoke to 1,000+ companies over the last 6 months to find out more about their plans
This is what I...
Last post
:(
It’s not all bad, she’s going back to school in less than a week. Sad thing is she has exams as soon as she gets back.
- 21 Replies
- 24114 Views
-
Last post by Lisafuller
Tue, 22 Jun 2021 2:33 am
-
-
- 22 Replies
- 21537 Views
-
Last post by Lisafuller
Thu, 31 Mar 2022 6:27 pm
Users browsing this forum: No registered users and 11 guests