Paidup capital for a new company

New_Global_Trader · Post by **New_Global_Trader** » Mon, 14 Mar 2011 1:21 pm

ksl wrote:Can i have a link of what you are selling? Have a friend based here in Sing looking for new products, for global sales.

Dear KSL

All items are Indian ethnic wear, Indian handicrafts and items needed normally by any Indian all over world. We source and drop ship according to buyer's need. All pre-paid of course.

Regards
RG

ecureilx · Post by **ecureilx** » Mon, 14 Mar 2011 3:12 pm

New_Global_Trader wrote:All pre-paid of course.

Of Course

I love it ..

New_Global_Trader · Post by **New_Global_Trader** » Mon, 14 Mar 2011 4:30 pm

ecureilx wrote:
New_Global_Trader wrote:All pre-paid of course.
Of Course I love it ..

Everyone likes advance payment.

Thanks guys, you had been really great help. I guess in 6 months time, I will be able to apply for a entrepass (if rules are not changed).

New_Global_Trader · Post by **New_Global_Trader** » Wed, 16 Mar 2011 11:37 am

Hi Guys

Another que, How much is reasonable interest should pay, for 100k loan for 6 months in Singapore.

Regards
RG

ecureilx · Post by **ecureilx** » Wed, 16 Mar 2011 12:01 pm

New_Global_Trader wrote:Hi Guys

Another que, How much is reasonable interest should pay, for 100k loan for 6 months in Singapore.

Regards
RG

24 % to 200 % - take your pick, if you are seeking unsecured loans

Or zero interest if you can find one bank to loan all the 100K, for 6 months, and then the interest goes to 24% plus plus ...

New_Global_Trader · Post by **New_Global_Trader** » Wed, 16 Mar 2011 1:00 pm

Hi Guys

Another que, How much is reasonable interest (on per annum basis) should pay, for 100k secured loan for 6 months in Singapore.

Regards
RG

New_Global_Trader · Post by **New_Global_Trader** » Fri, 18 Mar 2011 2:17 pm

New_Global_Trader wrote:Hi Guys

Another que, How much is reasonable interest (on per annum basis) should pay, for 100k secured loan for 6 months in Singapore.

Regards
RG

Dear Friends,

My query is still open. Another que, How much is reasonable interest (on per annum basis) should pay, for 100k secured loan for 6 months in Singapore.

Regards
RG

ecureilx · Post by **ecureilx** » Fri, 18 Mar 2011 2:22 pm

New_Global_Trader wrote:
My query is still open. Another que, How much is reasonable interest (on per annum basis) should pay, for 100k secured loan for 6 months in Singapore.

Regards
RG

Depends on the bank and depends upon the 'secured' status - what exactly are you going to put up for the security ??

takeiteasy · Post by **takeiteasy** » Thu, 14 Jul 2011 3:23 pm

Dear Friends,

My Partner (SPR) is setting up a new company ( PTE LTD ) and would like to apply Employment Pass for me. I am now holding Employment Pass (P2) and working over 4 years in Singapore.

Kindly advise me for the below info:

How much the salary should be? (can it be lower then current salary)

How much the capital should paid in? (how to make assumption)

Thanks a lot.

Take it easy !

Post by **sundaymorningstaple** » Thu, 14 Jul 2011 4:38 pm

takeiteasy wrote:Dear Friends,

My Partner (SPR) is setting up a new company ( PTE LTD ) and would like to apply Employment Pass for me. I am now holding Employment Pass (P2) and working over 4 years in Singapore.

Kindly advise me for the below info:

How much the salary should be? (can it be lower then current salary)

How much the capital should paid in? (how to make assumption)

Thanks a lot.

Take it easy !

You could find yourself unemployed. Make sure you have an AIP in hand before you quit your current job as there is a good possibility that your friend will not be able to get you an EP at all, of any type until he has several locals employed and a track record that MOM can look at. It's a iffy proposition at best.

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Paidup capital for a new company

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