Singapore Expats Forum
 

PEP holder investing in startup

Relocating, travelling or planning to make Singapore home? Discuss the criterias, passes or visa that is required.
Post Reply
RipVanWinkle
Newbie
Newbie
Posts: 1
Joined: Fri, 29 Jun 2012 7:22 pm

PEP holder investing in startup

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
  • Similar Topics
    Replies
    Views
    Last post

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

Who is online

Users browsing this forum: DblMcSpicy and 10 guests