I am also saying, "don't get your hopes up" about getting a LOC for a sole proprietorship you just registered.lalancaster1 wrote:Thanks, StrongEagle, for supplying the links-you just helped prove my point. I will post my results once I'm approved! Hopefully, if someone is in the same predicament as I was in (A Dependent Pass Holder Trying to Open a Sole-Proprietorship-NOT NEEDING AN ENTREPASS B/C IT'S FOR A COMPANY), they'll find this post and read to the very end where the correct information will be
You have things mixed up. Indeed, a foreigner cannot hold both an Entrepass and an Employment pass at the same time.movingtospore wrote:Not to drag this out even further but I was told that my spouse couldn't incorporate a business for me - ie he couldn't hold an Entrepass and Employment Pass at the same time, as a foreigner. Could be whoever said that didn't know what they were talking about.
ExactlyStrong Eagle wrote:You have things mixed up. Indeed, a foreigner cannot hold both an Entrepass and an Employment pass at the same time.movingtospore wrote:Not to drag this out even further but I was told that my spouse couldn't incorporate a business for me - ie he couldn't hold an Entrepass and Employment Pass at the same time, as a foreigner. Could be whoever said that didn't know what they were talking about.
But, it does not require any pass to incorporate a company or become one of its shareholders.
We all very much appreciate that you posted your follow up because it helps us understand what is going on in the mind of MOM. Good poo. Thank you.lalancaster1 wrote:Yes, it OFFICIAL now!! In the mail today, I received my letter from MOM stating my sole-proprietorship was approved!!
And, to end the confusion over this paperwork and information quagmire, let me make some points:
-If you're a Dependent, you CAN open your own Sole-Proprietorship WITHOUT A *EXPLETIVE* ENTREPASS!!
-Register your business with ACRA first and pay the $65. Then, download the LOC from MOM
- it is NOT illegal to fill out your own LOC if you're on a Dependent Pass b/c I did it and was approved!
-your spouse DOES NOT need to sponsor your business if you're a Dependent-that's the whole point of being a sole-proprietor and signing your own letter of consent
-there is a difference between a company and a business and the ACRA operators aren't trained to answer questions about a sole-proprietorship (business). They are only trained to answer questions about an Entre-Pass. Don't waste your time asking. Instead, take your happy self to the MOM with your 7 documents, take a ticket and insist you need to go to the BLUE ROOM
-you do need to submit 6 additional documents along with your LOC when you send your paperwork to ACRA now (refer to my previous posts for info.)
-I have a contact name for a representative at ACRA should anyone need it (High-five to "Movingtosg" for this!!)
And, last but not least, BEST OF LUCK TO ANYONE WHO IS GOING THROUGH THIS SITUATION NOW. I HOPE I HAVE SOLVED THIS MUCH TALKED ABOUT ISSUE!!
LESLIE
LESLIE LANCASTER FITNESS
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