If you are a foreign individual or business professional who wish to set up a Singapore company and to relocate to Singapore to run your Company operations you will need to accomplish the following:
1. Incorporate the Singapore Company
2. Obtain work pass visa, commonly known as Employment Pass
Company Setup Requirements
* Minimum 1 Shareholder + 1 Resident Director + 1 Company Secretary
* Minimum paid-up capital of S$1
* A local registered office address
Employment Pass Eligibility Requirements
Ministry of Manpower determines your eligibility based on the factors below. To be considered for an Employment Pass, you must have a fixed monthly salary of at least S$2,500, and possess one or more of the following:
* Acceptable educational diploma/degree
* Professional qualifications
* Specialist skills
* Related Work experience
Note: The application of Employment pass can only be submitted after the incorporation of a company.
Notes
If you are a foreign individual who wish to incorporate a company and relocate to Singapore, you will need to do the following:
1. Engage us to incorporate the company using our local resident nominee Director on temporary basis until you secure your Employment pass
2. Apply for your employment pass
3. Transfer the directorship upon securing your work pass
4. Relocate to Singapore and start your business
* Once you have obtained your Employment Pass, you can act as the local resident director. All company incorporation registration including work pass application can be handled without you having to be in Singapore.
Article source: http://www.rikvin.com/
