Greetings All,
I'm a major shareholder (50%) and director of an Australian web technology (social media) based company since 2009 and would like to move my company + myself + wife + kid to SG. I draw a salary of 8k per month from the company and expect this to rise to 10k soon.
I'm seeking some advise regarding the best route to take. I don't anticipate hiring 2 local employees and having a TBS of 100k after 1 year, since most of the companies expenses are overseas based (including 4 staff).
So is the EntrePass even applicable for me ? Since my company is not new and me failing to meet the renewal criteria for EntrePass.
Would I be wrong to assume that my best route is to incorporate the company in SG and apply for EP?
What about the option of applying for EntrePass then applying for EP once the EntrePass runs it's course for 1 year?
Any advise would be most appreciated!