Client BackgroundAn American founder of a small SaaS company, working remotely and already spending most of the year in Asia.
Client PlanTo move himself and the company’s centre of gravity to Singapore, and stop living on tourist entries.
ProblemA brand-new company with no trading history starts thin on the employer criteria.
How We HelpedWe submitted his pass with the company’s existing revenue and customer contracts as evidence rather than a plan.
Client BackgroundAn American founder of a small SaaS company, working remotely and already spending most of the year in Asia.
Client PlanTo move himself and the company’s centre of gravity to Singapore, and stop living on tourist entries.
ProblemA brand-new company with no trading history starts thin on the employer criteria.
How We HelpedIncorporation is the straightforward half: S$15 for the name, S$300 to ACRA, plus a resident director until he holds the pass himself. The pass is harder — a new company with no trading history starts thin on the employer criteria, offset by the small-firm default points while headcount stays under 25 professionals. We submitted his EP with the company’s existing revenue and customer contracts as evidence rather than a plan.
OutcomeEntity registered for S$315 in ACRA fees plus a nominee director at S$3,000 a year. Employment Pass approved about six weeks later. Corporate bank account opened at week seven, after one visit to Singapore.
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.