PEP holder investing in startup

1 post • Page 1 of 1

RipVanWinkle: Newbie; Posts: 1; Joined: Fri, 29 Jun 2012 7:22 pm

PEP holder investing in startup

Quote
login to like this post

Post by RipVanWinkle » Fri, 29 Jun 2012 7:34 pm

Hi

I am a PEP holder, working for a foreign bank. I am thinking of investing in a friend's startup (eg: 30% stake). This will be a mostly a passive investment, with occasional advice and help.

I have read that PEP's are not allowed to do entrepreneurial activity. Will the above be a problem? What if the company is not registered in Singapore?

Thanks in advance.

Post Reply

1 post • Page 1 of 1

Similar Topics

Replies

Views

Last post

Investing in Europe/ Golden Visa

Last post by PNGMK « Wed, 16 Sep 2020 10:10 am
Posted in Financial Investment
Replies: 5
by Popy » Wed, 16 Jan 2019 1:16 pm » in Financial Investment

First post

Hello guys, so...I am married to a local and we were thinking of investing in Europe, more specifically in Romania (my home country)
My question is,...

Last post

Why would a Romanian need a golden visa for Europe? Isn't Romania part way through joining the EU already?

5 Replies

5067 Views

Last post by PNGMK
Wed, 16 Sep 2020 10:10 am
RE: PR application for PEP holder with foreign employer and no tax

Last post by singaporeflyer « Fri, 21 Feb 2020 4:02 pm
Posted in PR, Citizenship, Passes & Visas for Foreigners
Replies: 3
by ec777 » Thu, 20 Feb 2020 5:10 pm » in PR, Citizenship, Passes & Visas for Foreigners

First post

Hi everyone,

I am currently applying for PR for myself and my wife and wanted to see if you guys can give me some advice on my situation:

I am an...

Last post

I honestly don't know. I was hoping my education and salary would be considered a plus, I started doing business in Singapore last year hence the...

3 Replies

1604 Views

Last post by singaporeflyer
Fri, 21 Feb 2020 4:02 pm
Query: Good startup events to attend in Singapore

Last post by Aitonomeinyme « Wed, 03 Oct 2018 11:37 am
Posted in Business in Singapore
Replies: 2
by Aitonomeinyme » Sun, 30 Sep 2018 10:43 pm » in Business in Singapore

First post

Hi everyone,

I am new to Singapore and am keen to invest in interesting early stage companies here in Singapore. I understand from friends that...

Last post

Thank you so much for this! I will certainly do so!

2 Replies

2939 Views

Last post by Aitonomeinyme
Wed, 03 Oct 2018 11:37 am
R&D tax rebate for a startup

Last post by PNGMK « Mon, 20 May 2019 12:31 pm
Posted in Business in Singapore
Replies: 1
by cattleherder » Mon, 20 May 2019 11:46 am » in Business in Singapore

First post

Sooo, after the first year in operation, my Singaporean company filed its first tax assessment last year. We had some profit, and because new...

Last post

It's not a rebate, it's a deduction firstly and secondly I don't think it can be carried forward so it has zero nett effect for you. It may be useful...

1 Replies

1342 Views

Last post by PNGMK
Mon, 20 May 2019 12:31 pm
Chance to get PR for CTO for an EduTech startup

Last post by BigginHill « Tue, 30 Jul 2019 2:34 pm
Posted in PR, Citizenship, Passes & Visas for Foreigners
Replies: 6
by vnapr88 » Sun, 21 Jul 2019 1:45 am » in PR, Citizenship, Passes & Visas for Foreigners

First post

Hi guys, I need some suggestions for my chance to get PR with below information:

- Male, 31 years old, Vietnamese
- Work in Singapore from Oct 2018...

Last post

Just wonder if there is a chance if a person holds a higher position and given company's shares (5%)
Unfortunately that has near-zero influence. The...

6 Replies

2166 Views

Last post by BigginHill
Tue, 30 Jul 2019 2:34 pm

Return to “PR, Citizenship, Passes & Visas for Foreigners”

Who is online

Users browsing this forum: No registered users and 9 guests