Hi,
Someone wrote :
Another way around this is to set up your own company and sponsor your own employment pass - to do this you need to have a $3000 bank guarantee. Then you can seek work legally.
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Does $3K SGD is the only thing required ?
- Does getting his own EP is very hard
when you go sole proprietor
as in not sponsored by a singaporean
based company.
- Do you need also need a business plan ?
- How hard is it to get if you're
already on an EP sponspored by an employer
- If I want to be sole proprietor is there
any benefits in being a PR ?
A major disadvantages is that 20% of
what you make go into CPF, which
is not too good.