Knowledge

EP准证持有者可以兼职吗?是的!

EP准证持有者可以兼职吗?是的! 大部分的信息源都会告诉您,这是不被允许的。确实,对于大部分的EP准证的持有者,兼职是不被允许的。但是对于某些人来说,EP也可以申请LOC。 如果雇主打算任命目前持有准证的人担任公司的董事,由于董事的职位是被视作工作状态的,所以雇主可以通过申请同意书(LOC)来获得MOM的批准。 如果获得批准,您就可以光明正大地向ACRA注册董事的职位。 谁可以申请? 申请LOC的公司必须要同当前EP持证人的公司有相同的股东,相应的信息必须能够在企业注册局(ACRA)上反映出来。 EP准证持有人申请LOC的工作职责必须相同。 如何申请? 需要填写申请表格(申请链接),将扫描文件用iSubmit提交。 提交的时候选择选项1 工作准证的申请事宜(不包括WP 准证),从相关公司任命持证人为董事,并进入公司董事会。 申请的批准时间目前为5周左右。 小编特别劝告一下,没有通过批准的EP,不要挑战政府的底限哦~~~ If you decide to appoint an Employment Pass holder from another company to your Board of Directors, they will need to carry out directorship duties under the Companies Act. As directorship duties are considered work, you must first get approval from…

Who Needs to File and Who is Exempted?

Filing Financial Statements Who Needs to File and Who is Exempted? Singapore incorporated companies (unlimited or limited by shares) which are required to file their financial statements with ACRA, will file a full set of financial statements in XBRL format, according to a minimum requirement list within the ACRA Taxonomy. Filing of Option B (Partial…

Registration of a Local Company in Singapore

Registration of a Local Company  Basic requirements  At least one local director (Singapore Citizen, Singapore P.R, Pass Holder*1); Shareholders can be any qualified individual; Appoint a Company Secretary; The amount of Share capital; A registered address in Singapore; After Registered on ACRA, you may need to open: Bank Account to make the business transactions; CPF…

About SME

About SME SME means Small to Medium Enterprise. SMEs in Singapore was previously defined as enterprises with fixed asset investments of $15 million and below for those in manufacturing, and employment size of 200 and below for non-manufacturing enterprises. The Ministry of Trade and Industry announced on 22nd March 2011, the new parameters have set…

Overview of the Companies Act Singapore

Companies in Singapore are principally governed by the Companies Act (Cap 50). Singapore’s first companies’ legislation was the Indian Companies Act, 1866 which was introduced when Singapore was part of the Straits Settlements. The Companies Ordinance (1889) replaced the Indian Companies Act, 1866 which was then amended a few more times before it was repealed…

Company Types

Company Types Different types of businesses necessitate different company setups. Before starting a business or incorporating a company, learn which type of company will work most efficiently for your business. Sole-Proprietorship A sole-proprietorship is a business owned by one person or one company. There are no partners. The sole-proprietor has absolute say in the running…

Annual General Meetings

Annual General Meetings An AGM is a mandatory annual meeting of shareholders. At the AGM, your company will present its financial statements (also known as “accounts”) before the shareholders (also known as “members”) so that they can raise any queries regarding the financial position of the company. 1 Requirements for filing Annual Returns (ARs) All…

Compliance Ratings and Certificate

Compliance Ratings and Certificate Many companies are under the wrong impression that the non-imposition of composition sum or late lodgement fees is an indication of compliance. This is not the case. Your company will be issued with a green tick if it has held its Annual General Meeting (AGM) timely, presented up-to-date accounts at the…

Director, Secretary, CEO, Auditor

Director, Secretary, CEO, Auditor Directors A director is the person responsible for managing the affairs of the company and providing it with directions. A director must make decisions objectively, act in the best interest of the company, and be honest and diligent in carrying out his duties. Under the Companies Act, the minimum number of…