SF Application Form (Lease) by laa10797

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									                    APPLICATION FORM for Standard Factory (Lease)

 This form may take you 20 minutes to complete.
 We will notify you of the outcome of the application within 8 weeks.

Please submit the completed application form and the following documents:

i.     A copy of the business profile from the Accounting & Corporate Regulatory Authority (ACRA).

ii.    A copy of the Certificate of Incorporation (for Private Company Limited By Shares).

iii.   A copy of National Environment Agency (NEA)’s approval of application for Industrial Allocation
       System (http://ias.nea.gov.sg/PublicApplicant/Homepage.aspx). Not applicable for SF launch,
       unless notified.

iv.    Completed Public Utilities board (PUB) form (               ,      ) if potable water consumption of proposed
       usage is more than 500m3/month.

v.     A cheque, cashier’s order or bank guarantee for the application deposit which is equivalent to one
       (1) month’s rental.

vi.    Completed Direct Credit Authorisation for Electronic Payment form. Not applicable for SF launch.

vii.   Company's latest annual report or audited accounts.

viii. Any other relevant information, including a full business plan, to support your application.

Attachments for your reference:
Annex A – Terms and Conditions of Application
Annex B – Form of Bank Guarantee
Annex C – Definition of Value Add (VA) terms



If you require any assistance, please contact:

Contact Centre Hotline: 1800-5687000
Email: askjtc@jtc.gov.sg




Note:
Please note that JTC collects personal information in the course of processing your application. We may share
necessary data with other Government agencies (or non-Government entities which have been authorised to carry out
specific Government services) to process any application you have made or to render you a service, so as to serve you
in a most efficient and effective way, unless such sharing is prohibited by legislation.

Your application will be considered by JTC and if accepted, will be subject to such terms and conditions as may be
imposed by JTC. The prices and rental rates as indicated in product factsheets, JTC's website and as quoted by JTC's
marketing officers are accurate at the time of printing, updating of website or communication and may change at the
point of offer due to changes in market conditions.

                                                                                                           Page 1 of 8
                              The JTC Summit 8 Jurong Town Hall Road Singapore 609434
              Contact Centre Hotline: 1800-5687000 Facsimile: 68855900 / 68855902 Website: www.jtc.gov.sg

                                               Marketing Resource COP/ Forms
                                                                  APPLICATION FORM for Standard Factory (Lease)
                            1
    1. PARTICULARS
    Name of Company (as in ACRA):

    Mailing Address:                                                                                              Postal Code(         )
    Telephone:                                  Mobile No.:                                          Facsimile:
    Email:


2. PREMISES APPLIED FOR
Location: Please specify preferred unit(s), if any                                               Preferred Key Possession Date:

Proposed Usage: Please underline predominant usage


    3. PROPOSED INVESTMENT2
                                  3
    Existing Plant & Machinery                                                   New Plant & Machinery
    (exclude building)                                             ($)           (exclude building)                              ($)
    Proposed GFA (if                                                             Building & Civil Works
                                                                (sqm)
    applicable)                                                                  (if applicable)                                 ($)

4. UTILITY SERVICES REQUIREMENTS
                                                            3
Potable Water                                            m /month                  Electrical Load                            kVA


5. INFORMATION ON VALUE ADDED
                                                                                                         5
                                                     Historical FY                        Current FY                 Projected FY
                                                                                                                                   6
             Components for                            Year-1 ($)                           Year0 ($)                  Year5 ($)
                         4
               Value Add
                                                          /                                    /                          /
                                                       (MM / YY)                            (MM / YY)                  (MM / YY)
Operating Income
A) Sale / Revenue
B) Other Operating Income
C) Total Operating Income = A + B
Operating Costs
D) Raw Material, Components and
Packaging (including subcontracted
out)
E) Work Subcontracted Out
       (i) In Singapore
       (ii) Outside Singapore
F) Remuneration
G) Depreciation
H) Rental
       (i) Land
       (ii) Building
I) Interest Cost

1
  Please provide local contact details where possible.
2
  Please note that you must fulfill your proposed land development and investment within 3 years from licence commencement.
3
  Refers to depreciated cost in plant & machinery (net book value) to be brought over to the new premises.
4
  Refer to Annex C for the definition of Value Add (VA) terms.
5
  The latest audited account of at least 9 months of financial results should be used.
6
  Five years from current year.
                                                                                                                         Page 2 of 8
                                    The JTC Summit 8 Jurong Town Hall Road Singapore 609434
                    Contact Centre Hotline: 1800-5687000 Facsimile: 68855900 / 68855902 Website: www.jtc.gov.sg

                                                        Marketing Resource COP/ Forms
                                                                         APPLICATION FORM for Standard Factory (Lease)
J) Royalties & Know-how Fees
          (i) In Singapore
          (ii) Outside Singapore
K) Other Operating Costs
          (i) In Singapore
          (ii) Outside Singapore
L) Total Operating Cost =
    D + E(i) + E(ii) + F + G + H(i) +
    H(ii) + I + J(i) + J(ii) + K(i) +
    K(ii)
M) Total Operating Profit Before
Tax (excluding extraordinary
items) = C – L
Value Added = F + G + H(i) + I + M

6. ADDITIONAL INFORMATION
                                                                                                  Current FY                     Projected FY
                                          Item
                                                                                                    Year0                           Year5
                                  2
    Required Land Area (m )
    Number of Workers Employed
    (exclude sub-contracted workers)
    Research & Development Expenditure ($)

    7. URA 60:40 REQUIREMENT7
    Can you comply with the Urban Redevelopment Authority‟s 60:40 industrial space
    usage rule?                                                                                                            Yes               No


    8. OTHERS
    Has any person / organisation commenced or filed for Legal Proceedings (e.g. law suit,
                                                                                                                           Yes               No
    injunction) against your company?
    If yes, please provide details:
    Why do you choose JTC Standard Factory?


    Have you assigned any JTC premises, land or facilities within the last 5 (five) years?                                 Yes               No
    If the answer is „yes‟, please provide details of assignment history within the last 5 (five) years below. Use
    separate sheet(s) of paper when necessary.
     Effective Date of                Location of JTC           Name of the Party                                                Reason for
                                                                                               Transaction Value
       Assignment                     Facilities/ Land            Assigned To                                                    Assignment




7
    This rule stipulates that the tenant must ensure that at least 60% of the floor space is used for industrial activities and ancillary stores. The
    remaining space can be used for offices, neutral areas and communal facilities. However you should not use this space for the purpose of
    commercial office and for storage unrelated to the approved usage of the facilities.
                                                                                                                                      Page 3 of 8
                                        The JTC Summit 8 Jurong Town Hall Road Singapore 609434
                        Contact Centre Hotline: 1800-5687000 Facsimile: 68855900 / 68855902 Website: www.jtc.gov.sg

                                                               Marketing Resource COP/ Forms
                                                                APPLICATION FORM for Standard Factory (Lease)

 9. DECLARATION
 I, the Applicant, on behalf of the above-mentioned company, have read through and agree to abide by and be
 bound to observe all the terms and conditions of application; and

      a) declare that all the information and particulars provided in this Form are true, correct and complete, and
         I have not suppressed any information or particulars required in this Form; and

      b) undertake that prior to the acceptance of a Letter of Offer (if any) by JTC in relation to the Land, the
         company shall at its own expense and cost conduct all necessary checks to ascertain:

               i)   the extent of underground services below the Land including but not limited to water, gas,
                    telecommunications, electricity and waste disposal services;
               ii) the condition and state of the Land;
               iii) all easements affecting the Land; and
               iv) all encumbrances in relation to the Land.




       Name                                                                     Signature




       Designation                                                              Date
Please check cover sheet for the list of documents required for submission.




                                                                                                                  Page 4 of 8
                                    The JTC Summit 8 Jurong Town Hall Road Singapore 609434
                    Contact Centre Hotline: 1800-5687000 Facsimile: 68855900 / 68855902 Website: www.jtc.gov.sg

                                                      Marketing Resource COP/ Forms
                                                         APPLICATION FORM for Standard Factory (Lease)

ANNEX A – TERMS AND CONDITIONS OF APPLICATION

1.   Submission of Full Application

     In order for JTC to consider your application, you must submit:-
     (a)      the duly completed and signed application form (“Application Form”);
     (b)      other documents, if any, requested for in the Application Form and Marketing Factsheet;
     (c)      any other relevant information, if any, to support your application; and
     (d)      payment of an application deposit (“Application Deposit”) being equivalent to one (1) month‟s
              rental.

2.   Mode of payment

     Payment of the Application Deposit is to be made by cheque, cashier’s order or bank guarantee in
     favour of “Jurong Town Corporation” and shall be submitted together with the Application Form.

3.   Bank Guarantee

     The bank guarantee shall be in the form and manner set out in Annex B and the bank guarantee shall
     be valid for a period of at least 8 months from the date of submitting the Application Form.

4.   Receipt of Application Deposit

     Receipt of Application Deposit by JTC does not constitute an offer of the land/building/unit by JTC to
     the Applicant and this does not constitute a binding contract between parties.

5.   Set-off of Application Deposit

     In the event JTC makes an offer of the land/building/unit to the Applicant, the Application Deposit
     shall be offset against the total payment required to be made by the Applicant when accepting the
     offer.

6.   Refund of Application Deposit

     In the event the Applicant is not successful in the application for the land/building/unit, the Application
     Deposit shall be refunded to the Applicant without interest after deduction of any outstanding sum to
     JTC, if any. Thereafter, the Applicant shall have no claim whatsoever against JTC.

7.   Forfeiture of Application Deposit

     In the event:-

     (a)     the Applicant withdraws the application for the land/building/unit after payment of the
             Application Deposit; or
     (b)     JTC makes an offer of the land to the Applicant and the Applicant fails to accept the offer
             within the stipulated time,

     the Application Deposit shall be forfeited without prejudice to JTC‟s rights to recover other damages
     which JTC may have suffered.




                                                                                                            Page 5 of 8
                              The JTC Summit 8 Jurong Town Hall Road Singapore 609434
              Contact Centre Hotline: 1800-5687000 Facsimile: 68855900 / 68855902 Website: www.jtc.gov.sg

                                               Marketing Resource COP/ Forms
                                                                                  APPLICATION FORM for Standard Factory (Lease)

ANNEX B - FORM OF BANK GUARANTEE

(Note: This Guarantee is to be typed on paper with bank's letterhead and submitted
together with the Application Form)

                                                              FORM OF BANK GUARANTEE

To: Jurong Town Corporation
       The JTC Summit
       8 Jurong Town Hall Road
       Singapore 609434


Dear Sir



LAND PARCEL AT [                            ] * / BUILDING AT [                        ] UNIT NO: [                     ]*
GUARANTEE OF PAYMENT OF APPLICATION DEPOSIT

WHEREAS:


1. [ Name of company*/ partnership*/ sole-proprietorship*] is applying for the land parcel at [                                                        ] */ building
at [         ]/ unit no. [               ] at building at [                   ]* subject to the terms and conditions in Annex A (“Annex A”)
of the application form (“Application Form”).


2. It is a term in the Annex A that every Applicant shall pay an application deposit ("Application Deposit")
when submitting the Application Form and such Application Deposit being for such amount and payable in
such manner as specified in Annex A.


3. It is stated in Annex A that the Application Deposit may be provided by way of a bank guarantee issued
in favour of “Jurong Town Corporation” and that such bank guarantee provided may be enforced in such
circumstances as set out in Annex A.



Pursuant to Annex A and at the request of M/s………………...………………….
............................................................ of ..............................................................................
the Applicant for the abovementioned Land Parcel at [                                                  ] / Unit No: [                ] Building at [              ],
WE ...............................................................................................
.................................................................................................................................................
                                                           (Name of Bank)
a company incorporated in Singapore and having its registered office at ………….
.................................................................................................................................................
............................................................................................................ Singapore (hereinafter referred to as "the
Guarantor")            hereby guarantee the due payment on demand by you of the sum of Singapore Dollars
................................................................................................




                                                                                                                                                         Page 6 of 8
                                     The JTC Summit 8 Jurong Town Hall Road Singapore 609434
                     Contact Centre Hotline: 1800-5687000 Facsimile: 68855900 / 68855902 Website: www.jtc.gov.sg

                                                                       Marketing Resource COP/ Forms
                                                                         APPLICATION FORM for Standard Factory (Lease)


    ......................................................................(S$...................) being equivalent to one (1) month‟s rental being
    the Application Deposit required to be paid by the Applicant Provided Always that our liability hereunder shall
    not              exceed                the                 said               sum          of             Singapore                 Dollars
    …………………………………………………………………………………...
    ……………………………………………………………………….(S$.............…..).


    This Guarantee is valid from ……………….. and shall expire on ……………… ("Expiry Date") and our
    liability hereunder shall cease in respect of any claims made after the Expiry Date.


    Notwithstanding that this Guarantee may not have expired, our liability hereunder shall cease forthwith
    upon our paying to you the Application Deposit.




    Dated this ............ day of ................. 20.....


    Signed by                              )
                                           )
    in the presence of :                   )



    _____________________



         INSERT HERE THE NAME AND ADDRESS OF THE APPLICANT.



*         DELETE WHICHEVER IS INAPPLICABLE.




                                                                                                                                     Page 7 of 8
                                     The JTC Summit 8 Jurong Town Hall Road Singapore 609434
                     Contact Centre Hotline: 1800-5687000 Facsimile: 68855900 / 68855902 Website: www.jtc.gov.sg

                                                               Marketing Resource COP/ Forms
                                   APPLICATION FORM for Standard Factory (Lease)
ANNEX C: DEFINITION OF VALUE ADD (VA) TERMS

Operating Income

A. Sale/ Revenue

  Sale/ Revenue refer to sales derived from goods manufactured or processed by the company only, excluding
  goods purchased for resale. The value of sales should be based on selling price excluding excise duties, if
  any.
B. Other Operating Income

  Operating income the company derives other than those arising from sale of manufactured goods.
C. Total Operating Income

  Sum of Items A and B

Operating Costs

D. Raw Material, Components and Packaging (including subcontracted out)

   Comprise direct input materials for the goods sold, both sourced from Singapore and imported, whether
   purchased by the company or by the outsourced company for work subcontracted out.

E. Work Subcontracted Out (i) In Singapore (ii) Outside Singapore

   Work subcontracted out comprises activities of the company's core business which are performed externally
   and excludes cost of raw material, components and packaging incurred on behalf of the company.

   Expenses from work subcontracted out are considered to have been incurred in Singapore if activities were
   conducted within Singapore.

F. Remuneration

   Remuneration should pertain only to employees working in Singapore (those employed pertaining to the
   project).

   It should exclude those who are on payroll of the Singapore entity and work outside Singapore, especially in
   the case of HQ projects, and should take in every component provided for in compensation package which
   is paid annually, including benefits.

G. Depreciation

   Depreciation refers to that for capital assets located in Singapore only, i.e. does not include
   amortisation of intangible assets.

H. Rental

  Clear distinction should be made between rental arising from use of building space and that for land.
I. Interest Cost

  Interest Cost refers to interest payable to local banks, branches of foreign bank and other corporations.

J. Royalties & Know-how Fees (i) In Singapore (ii) Outside Singapore

  Payment which is recurring for ongoing use of intellectual property and transfer of know-how. Does not
  include one-off lump sum payments made in the event of acquisition of intellectual property.

K. Other Operating Costs (i) In Singapore (ii) Outside Singapore

  Examples include freight charges and advertising and promotion costs. Please provide breakdown in terms
  of expenses incurred and activities carried out within Singapore or outside Singapore.




                                                                                                                 Page 8 of 8
                                   The JTC Summit 8 Jurong Town Hall Road Singapore 609434
                   Contact Centre Hotline: 1800-5687000 Facsimile: 68855900 / 68855902 Website: www.jtc.gov.sg

                                                    Marketing Resource COP/ Forms

								
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