Client BackgroundA software founder in Berlin, 34, and the only employee of his own company.
Client PlanA Singapore entity to sell into South-East Asia, with himself on the pass.
ProblemHe believed a one-man company was the weakest possible sponsor for its own pass.
How We HelpedWe showed him the opposite is often true: two of the four COMPASS criteria score the employer, and firms under 25 professional staff get default points on both.
Client BackgroundA software founder in Berlin, 34, and the only employee of his own company. He assumes a one-man business is the weakest possible sponsor for his own Employment Pass.
Client PlanA Singapore entity to sell into South-East Asia, with himself on the pass.
ProblemHe believed a one-man company was the weakest possible sponsor for its own pass.
How We HelpedWe showed him the opposite is often true. Two of the four COMPASS criteria score the employer, and firms with fewer than 25 professional staff receive default points on both. We incorporated with a genuine operating purpose rather than a shell, appointed a resident director, set his own director’s salary above the band for his age, and built the submission around his product and customer pipeline.
OutcomeCompany registered in three working days. Employment Pass approved. Year-one statutory and service costs of roughly S$7,000–8,000, before tax.
How can Xinran help you?
Xinran is an established facilitator focused on market entry and international expansion. With our global reach, we offer a full suite of corporate services to help companies successfully enter newer markets.
We pride ourselves on our client-oriented approach. Our comprehensive services and deep understanding of local and global markets make us an invaluable partner for your expansion into Asia. We have vast experience providing services for successful entrepreneurs who want to incorporate their businesses in Singapore, Hong Kong or mainland China.