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Quick Question on starting a new business in Singapore

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Singapore Saint
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Quick Question on starting a new business in Singapore

Postby Singapore Saint » Thu, 08 Jan 2009 10:20 am

Hi,

I am shortly setting up a company in Singapore with a colleague who is a Singapore PR, and another colleague who is resident in the UK, all 3 of us will be acting as Directors. Two quick questions:

My PR colleague will have no issues with being a director; but I will be reverting to a Dependent's pass when my current job finishes next week - am I able to become a Director of the new company using my Dependent's pass, or do I need an Entrepass?

Secondly, is my colleague in the UK likely to face any issues in becoming a Director, and is this likely to delay the set-up?

Finally, does anyone have any recommendations on legal companies to assist with the set-up?

Many thanks in advance to anyone who can help!

George Mathew
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Postby George Mathew » Fri, 16 Jan 2009 11:58 am

Hi George,

Disclosure: solicitation of business on these forums is prohibited. However, you can give all the advice you want but you cannot solicit business here. You can place your link in your signature as you have done (but not phone number) as long as you do not refer to in your posts. Should you find it necessary to do so, we will find it necessary to lock your account. Anyway, most already know of it as it's been in my links page for well over a year and has be "recommended" by others several times. We encourage "recommendations" we do not encourage soliciting or advertising. Hopefully you understand the difference.

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George Mathew
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Postby George Mathew » Fri, 16 Jan 2009 11:37 pm

Note to mod: It is unfortunate that you found the need to delete my whole post (which contained valid information that the poster is looking for) rather than just the footer. I don't intend to spam this forum, disclosing my identity so clearly and then spamming wouldn't be so smart, you agree.

George Mathew
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Postby George Mathew » Fri, 16 Jan 2009 11:41 pm

I am reposting what I said earlier :

Yes you can be a director, and so can your colleague in the UK. The legal requirement is to have at least one local director, and your PR colleague fulfills that.

George

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sundaymorningstaple
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Postby sundaymorningstaple » Sat, 17 Jan 2009 1:07 am

Note to George: You might want to reconsider coming on all offensive & condescending like after you were clearly in the wrong. That's how to really get along with us. NOT!

As far as you posting the information again, no big deal. Once SE saw the post he would have answered it anyway.

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