There is nothing on the MoM website that says LOC cannot be issued to SP. Was this just one person you spoke to, a letter you received? I'm not saying that they have not closed the door to a person forming a SP then applying for LOC, it's just that if its only one person, there is still opportunity. If there is a published regulation change, that is another matter.Lflower wrote:Hi eveyrone,
First of all, thanks for the awesome thread. I have been reading all the information available here carefully and finally registered an SP and emailed MOM for LoC forms. Unfortunately, I received a reply saying that they do not issue a LoC for SP anymore, as of 29 April 2016. Needless to say, I am gutted. I have been here for two years on DP and applied for numerous jobs with no success, so freelancing under SP was supposed to be my genious idea to do some work while I am here. I still wanted to post an update on this issue since this thread has been a great help. I wish I could share more cheerful news though
SE, was it ever published on a .gov site that they 'could' get a LoC on an SP? Or was it also an unpublished but known availability?Strong Eagle wrote:There is nothing on the MoM website that says LOC cannot be issued to SP. Was this just one person you spoke to, a letter you received? I'm not saying that they have not closed the door to a person forming a SP then applying for LOC, it's just that if its only one person, there is still opportunity. If there is a published regulation change, that is another matter.Lflower wrote:Hi eveyrone,
First of all, thanks for the awesome thread. I have been reading all the information available here carefully and finally registered an SP and emailed MOM for LoC forms. Unfortunately, I received a reply saying that they do not issue a LoC for SP anymore, as of 29 April 2016. Needless to say, I am gutted. I have been here for two years on DP and applied for numerous jobs with no success, so freelancing under SP was supposed to be my genious idea to do some work while I am here. I still wanted to post an update on this issue since this thread has been a great help. I wish I could share more cheerful news though
Nope... the only thing on the page regarding LOC is that an "employer" can make application for a LOC. This page was last updated 2 July 2015.sundaymorningstaple wrote:SE, was it ever published on a .gov site that they 'could' get a LoC on an SP? Or was it also an unpublished but known availability?
Absolutely zero, zilch, nada difference.How would not filing for a business name with ACRA change any of this, in your mind?
Yes, but also others. If you are an accountant or an architect, and a firm would like to hire your personal services for one single project, you could invoice them directly in your name. You would still have to register with MOM and file taxes with IRAS, but you wouldn’t have to present a business plan to ACRA and make up a company name and a logo and pay the fees to ACRA. It’s just a less bureaucratic process and makes perfect sense.It's really for somebody like the karung guni man.
If this is what they want and if they are able to use their system to achieve it, then that’s that.MOM and the gahmen don't actually care if you want to "keep a freelance job for little over a year." They don't want you doing work Singaporeans could be hired for.
You didn't mention that your clients are all outside Singapore. That could make a difference. This is a circumstance for which I have not queried MoM. I will do some more checking on this particular situation.Varcelos wrote:I guess I wish there was a box I could tick that said “I hereby declare that all my invoicing will be in SGD and will only be to companies outside SG”. However, I have a feeling this doesn't matter either.
Note that Singapore, like most other jurisdictions, bases income tax on a physical presence test... you're doing the work in Singapore, you pay tax in Singapore and not anywhere else, except for the USA, subject to the foreign earned income exclusion.Thank you for your email on 08 April 2015.
Dependent Pass holder is not required to hold a work passes if he/she does not represent their overseas employer for any work related purposes while in Singapore. The foreigner may also perform work for the overseas employer via electronic or telecommunication from their home.
Users browsing this forum: No registered users and 7 guests