Hey! Thanks so much for your response! I didn't know about the local company + director option. That sounds like a good path to head down.
I did read somewhere about the $100,000 per year or maybe per two years + hiring minimum 2 singapore nationals by the end of a year. That, or something similar (I think that's the Q1 pass). These are the guidelines governing entrepass renewal. http://www.mom.gov.sg/foreign-manpower/passes-visas/entrepas...
So yes, the local company option really does look like the way to go!
I really love Singapore, went there about 2 years ago and thought of starting a business there (the place is full of opportunity!).
I'll definitely hit you up with more questions if I do decide to move there. Thanks so much for offering! :)
EDIT: Also, do please write that blog post! There's not a lot of info out there about tech startups in Singapore and it would be interesting to read an insider's perspective.
The EntrePass thing is a ball of hurt. Initially it was set up with virtually no onerous terms, but they brought in the crazy conditions about 3 years ago.
Definitely using a local accountant & director to set up the company and then employ yourself is the best way.
Comments
Hey! Thanks so much for your response! I didn't know about the local company + director option. That sounds like a good path to head down.
I did read somewhere about the $100,000 per year or maybe per two years + hiring minimum 2 singapore nationals by the end of a year. That, or something similar (I think that's the Q1 pass). These are the guidelines governing entrepass renewal. http://www.mom.gov.sg/foreign-manpower/passes-visas/entrepas...
So yes, the local company option really does look like the way to go!
I really love Singapore, went there about 2 years ago and thought of starting a business there (the place is full of opportunity!).
I'll definitely hit you up with more questions if I do decide to move there. Thanks so much for offering! :)
EDIT: Also, do please write that blog post! There's not a lot of info out there about tech startups in Singapore and it would be interesting to read an insider's perspective.
The EntrePass thing is a ball of hurt. Initially it was set up with virtually no onerous terms, but they brought in the crazy conditions about 3 years ago.
Definitely using a local accountant & director to set up the company and then employ yourself is the best way.