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Re: Sole Proprietorship

Posted: Thu, 09 Jul 2009 11:52 pm
by Saint
nassaugirl wrote:You can open a sole proprietorship as a dependant pass holder, which I assume you will be if your wife will be working here.
Wife is Singaporean so can't get DP :roll:

Posted: Fri, 10 Jul 2009 12:39 am
by Dave_33
Saint, my current salary is about 2600€. My company is ready to offer 4000€ since it will not have to pay any social security and so on...
Unfortunately, 7000 SGD worth 3430€...

Posted: Fri, 10 Jul 2009 1:23 am
by ksl
Dave_33 wrote:Saint, my current salary is about 2600€. My company is ready to offer 4000€ since it will not have to pay any social security and so on...
Unfortunately, 7000 SGD worth 3430€...
I would ask your Company to help you set up here in their name, whereby they can also have a win win situation, if the work goes through you in Singapore sales office, it's no sweat if they are offering a sub contract to fulfil, and you have the scope to expand their business potential, whatever that maybe. or do it in a joint venture and also seek funding from the European communities, if there is a possibility for it.

Most European governments have a system in place for expanding export potential, at around 35 to 50% grant opportunities. It all depends on you meeting the criteria! If there i s a chance you can create more jobs back home and more jobs in Singapore, you maybe on a winning streak to qualify for grants under the project schemes, but basically most of these grants are paid if you take a qualified exporter along for 3 years, it includes the consultants income and they are there to help you succeed in penetrating the market with your services.