I recall reading this somewhere but I can't remember what source. Anyway, just to share with you guys.
If you want to be in the limousine trade, you have to go thru the proper channels,
1)register a company with ACRA
2)the vehicle that you purchased must be the property of your company
3)have to buy the correct and appropriate insurance to cover your passengers.
It is not just buying a private car and doubling it as a limousine. If you are caught, it carries a penalty....
I was told that incidents involved the Alphards were contracted to the IRs.
They (the contractor) required a number of Alphards on standby everyday, minimum 10 hrs daily.. Upon payment after a few months, they wanted to see the original copies of the comprehensive insurance policies.... which many do not have....hence, failed to claim the revenue (work for free for that couple of months)...
Thats the biggest black eye I ever read
1stly,
Must go to
International Plaza 5th level (Registrar of Companies & Businesses)
or visit this website....https://www.psi.gov.sg/NASApp/tmf/TMFServlet?app=RCB-BIZFILE-LOGIN-1B
Bring a cash card along (minimum amount of $65).
Once it is done....you may need to do a rubber stamp for your company
Singapore Rubber Stamp Maker |
With the documents & rubber stamp, then, you can go and purchase your ideal business vehicle.....
Rubber stamp...
Originally posted by Just_do_it_lah:With the documents & rubber stamp, then, you can go and purchase your ideal business vehicle.....
then.. followed by the Insurance.
It must be a Comprehensive Insurance for the business nature of our trade.
But how we know those Private Limo otr had already done all of the above?
Is there any identification to proof on that?
No proof, but basically, they are risking, if they get into an accident, no insurance will cover !!!
Originally posted by Paxonboard3173:But how we know those Private Limo otr had already done all of the above?
Is there any identification to proof on that?
There have been lots of market talks and when there is any mishap events.... words can travel for miles.