Hello all,
I'm a PR here working with a MNC and my nephew seek help from me to start a minor renovation business in Singapore. He's doing this business in JB albeit it's still small and would like to expand to Singapore. He already did 2 projects in Singapore and have few other potential clients.
I already read few threads about starting a business in Singapore but most of them are about entreepass or a DP holder starting a business here.
I've narrowed down to these options for starting this business and few questions about it:
1) Partnership
2) Limited Partnership
3) Limited Liability Partnership
4) Private Limited Company
My questions are:
a) Is it possible for my nephew to get a work permit or employment pass on option 1), 2) and 3)
b) Is it possible to hire foreign worker on option 1), 2) and 3). If possible what are the requirements?
c) If only possible to hire foreign worker on option 4), what are the requirement in this field?
d) What is the ratio for Singaporeans, PR, EP and work permit holder in a company?
I only can help him to become the local director for the time being but I might get involve full time in the future if the business is growing and sustainable.
I hope somebody can help me to answer these questions or point me to the right direction.