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EP and setting up own business

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norton_SG
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EP and setting up own business

Postby norton_SG » Tue, 05 Jan 2010 3:31 pm

Simple question, but haven't found the answer.

I'm on an Employment Pass currently and enjoying my Mon-Fri job. However, some opportunities have come up to start a small business.

Can I start a business in Singapore while on an EP for another company? What is the procedure?

Or is it better to register the company with my wife who is on DP?

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sundaymorningstaple
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Postby sundaymorningstaple » Tue, 05 Jan 2010 6:16 pm

Dp a search of the business forum, it's been discussed a number of times.

skpsiva
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Re: EP and setting up own business

Postby skpsiva » Sun, 27 Jun 2010 6:14 pm

norton_SG wrote:Simple question, but haven't found the answer.

I'm on an Employment Pass currently and enjoying my Mon-Fri job. However, some opportunities have come up to start a small business.

Can I start a business in Singapore while on an EP for another company? What is the procedure?

Or is it better to register the company with my wife who is on DP?


In my understanding EP holder can work only a company, unless u should apply bussiness class visas.......

morenangpinay
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Postby morenangpinay » Fri, 13 Aug 2010 11:50 am

i have a question. If im on EP and i have been making jewellery as a hobby and sellin it to some friends. However, there's a store which can sell the stuff on consignment.What if i put my stuff there but i dont want to set up a company coz its just a small venture?? is that allowed?

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sundaymorningstaple
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Postby sundaymorningstaple » Fri, 13 Aug 2010 12:39 pm

Technically, no.

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Saint
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Postby Saint » Fri, 13 Aug 2010 2:28 pm

sundaymorningstaple wrote:Technically, no.


Agree, but just take a look at ebay.sg and all the "traders" on there. Do you think they are all registered companies and submitting tax returns etc?

morenangpinay
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Postby morenangpinay » Fri, 13 Aug 2010 2:51 pm

yah technically no..so what is the untechnical side?..the online trading?

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sundaymorningstaple
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Postby sundaymorningstaple » Fri, 13 Aug 2010 3:13 pm

We do not encourage anyone to break the law. :wink:

morenangpinay
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Postby morenangpinay » Fri, 13 Aug 2010 3:21 pm

okay .. so no one is saying that i should do online trading :lol: :) :twisted:

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ksl
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Postby ksl » Fri, 13 Aug 2010 8:22 pm

morenangpinay wrote:okay .. so no one is saying that i should do online trading :lol: :) :twisted:
Oops! We cannot advise you to break the law :lol:

zion77
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Re: EP and setting up own business

Postby zion77 » Fri, 25 Feb 2011 11:40 am

I think it's better to register the biz in your wife's name, but she will need a LOC approval from MoM


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