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entro pass renewal-rejected

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Dilan
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entro pass renewal-rejected

Postby Dilan » Sat, 31 Jul 2010 2:55 pm

I am Holding old entro pass , I am faced problem in renewal my pass , MOM rejected my renewal application ,im full fill my all criteria, my company registered last year in accra , accounts under pending, why my account year end 31/07/2010, then I sublimated unaudited accounts reports ,according to my knowledge no need local workers and local share holders join with me, but my 1st renewal application, my company doing IT, I am invest lot of cash for my company, then now I cant run my company , I am very disappointed for mom decision, pls advice me what I want do now

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Postby sundaymorningstaple » Sat, 31 Jul 2010 4:20 pm

1. Think about going home?

2. Seriously, you need to rethink your premise as it's only going to get harder and harder. They only want people who are going to contribute to Singapore's economy (not just themselves) Therefore you are going to need to expand to enable you to hire Singaporeans. Failing that, see my first paragraph.

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Re: entro pass renewal-rejected

Postby ksl » Sat, 31 Jul 2010 11:26 pm

Dilan wrote:I am Holding old entro pass , I am faced problem in renewal my pass , MOM rejected my renewal application ,im full fill my all criteria, my company registered last year in accra , accounts under pending, why my account year end 31/07/2010, then I sublimated unaudited accounts reports ,according to my knowledge no need local workers and local share holders join with me, but my 1st renewal application, my company doing IT, I am invest lot of cash for my company, then now I cant run my company , I am very disappointed for mom decision, pls advice me what I want do now


You need to appeal and remind them you are under the old system, apparently, the forms sent out are for the new entrepass holders from September 2009.

Though that does not exclude you from growth and employing. The only way is to realise that they are damned serious, about growth and employment. Also send in your references from clients and your work in hand. It isn't MOM it is spring that is evaluating your progress and if they think you are not performing, you will be sent home!

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sad

Postby Dilan » Sun, 01 Aug 2010 1:20 am

We already invest over 80K for our software development , and our monthly sales sufficient working capital , we already bound with 3rd parity company for developments ,USA and Poland ,
My company still l 9 month what they are expect more, IT company not like retail shop, its very huge investment, how can I cover up my investment, no point ?

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Postby sundaymorningstaple » Sun, 01 Aug 2010 12:15 pm

Have you gone down and talked to them yet? If not, why are you here? Tell them what you are telling us and maybe you might get somewhere. Nothing ventured, nothing gained.

Whether or not you came under the old system or the new system, doesn't mean that you won't have to start meeting the newer requirements does it? Singapore is famous for "moving the goalposts" so you've had some time to think about this. In fact, I believe, had it been me, if I had gotten the entrepass "just" before the new guidelines, I believe I would have tried to abide by the new in order to avoid the exact scenario you are facing. To me that sounds like not very good business planning.

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Postby Dilan » Sun, 01 Aug 2010 2:24 pm

i hope meet mom tomo, why i know this case Saturday morning ,i don't no i can appeal or not, i hold old pass, i wonder how i can bild good bussines withing 9 month, they compare with my orginal bussnes plane, i mantion 1st year i hope 2 loacal workers, b4r i have 3 local , but after my bussnes slow down, then i can keep more local, i do my self,

It should be understand that soft ware and websites cannot be made like fast food. Moreover, due to the financial crisis last two years, our customers, who are other companies willing to spend money on developing their websites or other software cut their expenditure on those regards and even, retrenched the staff. However, even after losing customers and without profit I did not shut down the company. There was almost no income and I had to pay the workers with my own money. Now we are gaining success again after such an unlucky two years and while I am seeing some success, my Entro Pass is cancelled (?). I do not see why it should be like this.

We planned everything depending on the information, which was posted on government websites. I am a holder of the old Entro pass scheme and I have clarified that I have fulfil the necessary criteria. This is my first renewal. This year August 31 we have submit Accounts also, ACRA & IRC. Last year we could not hire workers because there was no work for the company and it was hard to even maintain the staff I had. In addition, should note that even the biggest companies like DBS retrenched their workers those days of the recession. In addition, we are still an infant company. We are newcomers for Singapore and we need some time to establish and have a foothold in Singapore before we can expand and hire more workers.
Six months ago I contacted MOM and got clarified on Entro pass renewal criteria. They told me that I am holding an Old Entro Pass and that I do not need to own a company, which has local shareholders and local staff. Being satisfied with that information, I worked on bringing back the company to life than working on hiring workers. Now to my next year project vision, we will be able to hire two Singaporean citizens. Now we are 90% done with new project . Once it is in full operation, we will have enough revenue and work to hire more workers.

I chose Singapore as the country of choice to do my business is that I know Singapore is a country who encourages online business consulting systems and they are really helping towards new companies.

Now with the rejection of pass, I am facing many problems. I had to owe money from a Singaporean friend to build my company in past recession time. Now I cannot make a profit to pay that back. I have to pay my office rental, I have to renewal rental of my house and I cannot do any of these without the pass.

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Postby Mad Scientist » Sun, 01 Aug 2010 6:09 pm

Your rambling and ranting does not have any sympathy with me.
How and what the Gahmen does or change their regulations will affect in one way or another to the party involved. Rather than rambling non-stop, get over it and plan on how to solve your predicament. Be tough !!!

Prepare your forecast and projection turnover. Sales against cost.
Current sales and submitted tax return. If you do not have an audited account , get the full set or a balance sheet.
Show them any tax paid to IRA. Show them your pipeline project , POs from your customer etc.If you did employ Sger b4 , provide proof. Get detail explanation on why you retrenched them i.e slow business etc.
Gahmen will not stop you from making money BUT make sure you share it abit with them by employing SGer.
BTW you really need to work hard on your English language.
The positive thinker sees the invisible, feels the intangible, and achieves the impossible.Yahoo !!!

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Postby Strong Eagle » Sun, 01 Aug 2010 6:55 pm

Makes me bloody glad I got my PR. Sounds like this guy is being seriously jacked around.

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Postby ksl » Sun, 01 Aug 2010 7:28 pm

Strong Eagle wrote:Makes me bloody glad I got my PR. Sounds like this guy is being seriously jacked around.
Yes I agree! I'm sure that there is some kind of misunderstanding in some of these cases. The renewal applications are all applicable to the new entre passs and not the old one.

Dilan try to write your appeal based on the facts you have posted, the full story, along with your project and a collection of clients, past and present, that can give you references of work done and work in progress.

if you want me to come along with you to MOM let me know the time and I will see if i can make it! You cannot PM until you have 5 posts

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Postby Strong Eagle » Sun, 01 Aug 2010 9:11 pm

ksl wrote:The renewal applications are all applicable to the new entre passs and not the old one.


I don't know what you mean by this one. It clearly states that old Entrepass holders are not subject to the new regulations. The catch is that old EP holders have never been told what criteria are used for renewal purposes.

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Postby ukdesigner » Sun, 01 Aug 2010 9:29 pm

what he means is the forms sent out are applicable to the new system and not the old system.

Having gone through the renewal application myself, and let me tell you the Gahmen are a bunch of a**h*les. it took 2 months to get a response and only then after I went down to see them.

To give you an example I now employ, business has doubled and am looking to employ someone else. They were not interested one bit. My employee didn't know whether she had a job in a months time due to all their p*ssing around.
Honestly, it was a joke. I even sumbitted the exact documents requested but was then asked to submit the "optional" documents. The letter sat in MoM's office for a week and they gave me 2 weeks to get references, customers lists and contacts, copies of invoices etc etc. Oh and once I got my pass they only gave me 12 months! How the f*ck can a business plan for the next 12 months. I'm looking 2 years ahead for re-investment of equipment, software, development of contracts etc etc. Honestly, they (SPRING) should know better!

Regarding the OP, I suggest you take Mad Scientists advice. Show potential growth AND employing the locals. That's what they wanna see.

Ref me, am applying PR in January. Am not going through this shit again (hopefully)!
Don't p*ss me off! I am running out of places to hide the bodies.

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Postby Dilan » Sun, 01 Aug 2010 10:42 pm

thanks for all and ksl tomorrow ill be in mom office , ksl if your can support to me why i am along in Singapore, my all cash i invest to my company , no point to escape without victory ,

mom send me new entro pass (Renu ) application form , but i called and ask ,why yours send me new application form, they told never mind we consider you as old pass holder, then ill fill and submit , after 3 week they send me fax , and ask more additional documents, this time my company accounts and my tax assessment sheet pending ,and i ensure with IRC , IRC told pls informed to them when yours financial year end , i informed ,according IRC. i have submit my tax assessment 31 this month , after i submitted my next year project plane, bank statement, invoices ,and my customers data , some information very confidential , i sublimated mom mail room,

but mom call me after 2 week , they told me losted my document pls submitted again, after day i meet officer and hand over to him (Some my businesses reports belongs to PM office , they lost all thing , its very jock

after 2week later i seems my pass reject , very sad , this past 2 month they eat my time,

ksl tomo if your free pls help me this is my mobile 98407877

thx

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Postby ksl » Sun, 01 Aug 2010 10:53 pm

Strong Eagle wrote:
ksl wrote:The renewal applications are all applicable to the new entre passs and not the old one.


I don't know what you mean by this one. It clearly states that old Entrepass holders are not subject to the new regulations. The catch is that old EP holders have never been told what criteria are used for renewal purposes.
UK designer went through the new application form, it did not cater for the old applicant, only for those new entrepass holders.

SMS is right too, they can move the goalposts without warning, my point is its very unfair on the old applicants, if they have changed the goalposts, without giving them a fair chance or warning, many have probably invested a great deal of money and cannot move forward, because of bureaucracy.

It is wrong of spring to assume that any business can fulfill the new criteria in a recession, or even plan a business based on one year entrepass if things are not going as planned, though i assume they are looking at a 3 year plan, were business should be showing some positive results!

Not sure if everyone was issued with a 2 year entrepass first and the 1 year renewal is sufficient from springs eyes, to see if the business made it or not, within the forecast.

Under the economical climate the last couple of years, its only fair to say, some industries will not meet their forecast, due to market conditions last year, though they have invested money into their business, with the hope of pushing forward through a recession..

Even if you are making leaps and bounds like UK designer, the uncertainty of not getting the entrepass renewed for at least 2 years at a time, will cause concern for worry.

I think this year is a clear message, that if a company or sole proprietor is not shown to be progressing, they will be terminated, if a very good explanation is not provided in the renewal application.

The problem is a wakeup call not to take life here for granted, some will appeal and lose, others may succeed if they can document the reasons for the slow down.

One will never be secure on Entrepass unless you are performing well enough to show, that you can build business to keep others in work, all business relies on the quality and talent of that business to expand, Which means the businessman must be aware of what's going on around him in all aspects of government.

There is a great deal of talent, that are not businessmen, but they deliver a high quality service, I guess they need good managers or consultants to guide them through the business requirements and grants on offer for upgrading.

Mad Scientist is right it doesn't help to moan about problems, you have to solve them, Dilan is now under pressure because he wasn't prepared for the worst.

He really needs to get his act together for his appeal and make it very convincing, if he gets the extension he better deliver the goods to gahman by the next renewal, making it a priority.

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Postby morenangpinay » Tue, 10 Aug 2010 12:06 pm

Prepare an appeal, submit all additional documents, tax, accounts, proof of business. List of clients or reference letters from clients, etc. then go there personally to submit the documents.

They are really tightening up, I know some entrepass holders who were renewed but granted only 6 months period.

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Postby sundaymorningstaple » Sun, 17 Apr 2011 2:45 pm

Really sounds like they are trying to weed out the shoe-string startups that don't have deep pockets. This would make sense from the governments POV but it sure doesn't help the small fry who are trying to build something here. Unfortunately, it would seem the gahmen only want those who are flush before arriving and not just winging it.


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