It's difficult to say exactly when the MD applied for it but I'm guessing somewhere around May (2011) give or take a month.
The company (20,000sq ft) will be a precision machine shop for the oil and gas industry located in the Tuas area with its sister company based in Houston Texas.
I don't know if I'm getting the old cold shoulder or it genuinely does take this long. Starting a company up from scratch must be a huge task so I'm trying to be patient. From what I understand he would need to employ locals first or PR's.
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How long does it take to be awarded your foreign work quota?
Re: How long does it take to be awarded your foreign work qu
If he has the right consultant/company secretary, by now it should be up and running .. it takes about a couple of months to clear up all work, and if the initial paid up is sufficient, the EP will be a breeze.longstebe wrote:It's difficult to say exactly when the MD applied for it but I'm guessing somewhere around May (2011) give or take a month.
The company (20,000sq ft) will be a precision machine shop for the oil and gas industry located in the Tuas area with its sister company based in Houston Texas.
I don't know if I'm getting the old cold shoulder or it genuinely does take this long. Starting a company up from scratch must be a huge task so I'm trying to be patient. From what I understand he would need to employ locals first or PR's.
And it is NOT A BIG TASK .. lawyers can do it without even the investor stepping foot in Singapore ..
Now if the company is started with a 2 $ paid up, and then even a million gets pumped in, the ACRA records accessible to MOM can take upto 3 months or more to reflect the revised paid up cap ..
Are you sure he is in for the deal ??


Thanks for the reply mate.
I was in SG with the MD at the end of April and they were only just laying the concrete pads for the machines.
From what I understand he is receiveng the machines in dribs and drabs.
When I mentioned it being a big task, what I should have said is the building was empty, he has to kit the place out entirely.
If the legal side of things takes only a couple of months then I don't know whats happening. These guys are certainly not short of a few bob.
I was in SG with the MD at the end of April and they were only just laying the concrete pads for the machines.
From what I understand he is receiveng the machines in dribs and drabs.
When I mentioned it being a big task, what I should have said is the building was empty, he has to kit the place out entirely.
If the legal side of things takes only a couple of months then I don't know whats happening. These guys are certainly not short of a few bob.
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