Anonymous

29 Dec 2020

∙

Must the business be making money, in order to qualify you to be "self employed"?

For those starting a new business, especially the first months, there may not be any income

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1M45

29 Dec 2020

No need to make $$$. Just pay a fee to ACRA to register your company, and you will be self-employed.

If you not dealing with big corporate or govt entity is good to stay unregistered. But then you will be "unemployed" even you making profit but bank wont lend you $$$.

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