Hallo,
New user here. Created account just to post this message - long time stalker though!
Firstly, I wanted to thank all of those who came before me to figure out some of this information, it has been a great help to me and it's the place I got most of my information. It is a landmine out there with nothing clearly stated - even on official sites. Yes, just as those who came before, I was advised as a DP trying to open Sole Proprietorship and apply for LOC, that foreigners aren't getting approved anymore, I should apply for EntrePass, it's not possible to freelance on sole proprietorship in Singapore, etc etc. I'm sure you've heard it all if you are here. Well, as of 2 weeks ago, my LOC application was approved! So I thought I'd share my now updated findings as a thank you and a 'pass it forward' to the next lot trying to do the same! Here is my to do list. Very similar to the previous ones (thank you again!) but a little updated:
1. Get a SingPass
https://www.singpass.gov.sg/singpass/re ... structions This is your government record number basically.
2. Register your business as a Sole Proprietorship with ACRA via BizFile - $65 total.
https://www.psi.gov.sg/NASApp/tmf/TMFSe ... E-LOGIN-1B
3. Apply to MOM for LOC with the following supporting documents:
http://www.mom.gov.sg/passes-and-permit ... of-consent
a) ACRA Business Profile
b) Business Plan including: Detailed description of job duties, Venue where you will perform the job duties, Purpose of Business, Market for Business
c) Reasons why EntrePass is not applicable (e.g. no capital investments, no physical place of business, no employees)
d) Undertaking letter (If my DP is cancelled, I will stop working)
e) Self-employment letter (I'm the business owner and will hire myself as the only employee)
f) Any regular support info like degrees, recommendations, CV, Passport, DP id etc.
g) Also include a cover letter stating briefly who you are, what you want to do, and why you'll be relevant in Singapore
^I only put a few sentences on a page for each of these.
Applications for LOC as of 1 June 2015 are now online only. You cannot apply online yourself and HAVE to get an Employment Agency to submit the application on your behalf. This costs $150-$250 approximately. After my application was successful (2 weeks ago), my EA advised me successful applications are probably around 10% for foreigners these days. Who knows if that's true or not?!
Also, I applied to MOM without a company stamp, but when they want the follow up signatures returned after the accepted application, it asks again for a company stamp, at which point I caved and got one done on the spot for $25. (Just in case). I also created a simple company logo in Word and put it on all of the pages of my LOC application. I wanted to make it look legit.
Other useful and helpful sites/forums I found include:
http://forum.singaporeexpats.com/viewtopic.php?t=106997
https://www.acra.gov.sg/components/wire ... =1087#1090
https://www.acra.gov.sg/components/wire ... entid=1761
http://www.thomasabeesh.com/327/registe ... ietorship/
https://www.acra.gov.sg/How_To_Guides/S ... ietorship/
https://www.facebook.com/groups/1400860 ... 8/?fref=ts
The only thing I haven't figured out yet is the CPF board. Does anyone know anything about this? I set this up when I was trying to apply to MOM (it didn't work) but not sure if I need to make CPF contributions or not?!
Anyway, I hope this helps future applicants! And thank you all again for the invaluable research that has gone into this forum over the years!