Entrepreneurship for Singapore

22/05/2005

Yes yes, by now, everyone in Singapore would have know with the setup of
http://www.iesingapore.gov.sg/,
http://www.business.gov.sg/ and the
red tape removal for
Home Office
Scheme
all that, many tried, many gave up after year 1 and in fact, it’s
declining from people I know who used to setup home offices from ridiculous
payments needed. You see, I got it too, I need a make a compulsory payment to
CPF for what they call

Medisave Liabilities
and listen good, it’s for my own good in future. What
good is it when I need it NOW?!

All those I’ve known that’s on the home office scheme holds a full time job
while using their registered business that’s using their home address to service
clients and their full time jobs ranges from being the usual IT guy, Housing
sales, the general salesman, technician to their home registered office of doing
hosting services, website creation, graphics designers, G-string designers (yes
not a typo!), office automation consultants to whatever is allowed and

disallowed
(scroll all the way down…)

Generally, we don’t make much and am happy to be able to pull in one a good
month, from anything from $300 to $1000 on what was the the so called business
model. We are the (and it depends on what mode of business you’re in) salesman,
technical support, driver, phone answering machine, verbal abuse taker, whatever
and so much less to “the boss”. It’s tough, yes but hey, nobody say it’ll be
easy, not even the Government and yes, business works from hardware, simple as
that but it’s hard when one day, they serve you a good helping hand, allowing
home office to be registered as home office then the next day, they tell you,
you gotta pay for this and that and it’s for your own bloody good. Oh whatever!

I was considering my options and tried logging in to renew my business that’s
expiring in July, about 1.5months time and all I got was error. Yeah, try
calling them and you’ll get the usual civil service’s good old “Press 1 for
this, 2 for that” and tons of the same “Press 1 for this and 2 for that’”s sub
menu! So spare me, we just have to drop by the CPF building some day soon to
have this Medisave Liabilities sorted out…or to just like the many that has
tried, give it up…

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