HI guys, first off, apologies if this has been asked many times previously, I tried searching but only find threads that are at least 3 years old
I have been working in Singapore for about one year under Employment Pass. Currently, I am thinking to open a business with my friend (who is a Singaporean citizen).
We have a concrete plan, it would be a retail-based business, so we will have a physical location and employ some staff. Already managed to secure capital commitments for the idea, estimating investment north of 700k at least. Also read in the previous threads that university education matters ? I have a masters degree from one of the top 10 universities in the world if that's relevant. Work experience wise, I have about 5 years of experience in total
My friend would be in the business only part time, as he has his own full time job, so merely an investor or in advisory capacity.
In this case what are my best options ? Would like to ensure that I could stay legally in Singapore to oversee this business.
thank you in advance.