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Starting new business in singapore

Discuss your views about Singapore business & economy, current policies & issues, starting a business in Singapore.
sandy80
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Starting new business in singapore

Postby sandy80 » Mon, 09 Jul 2012 9:57 am

Hi,
I am planning to start a small business in singapore. Currently i am on DP.
To start the business do i have to change my DP? Or can i get investor visa here?

beppi
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Postby beppi » Mon, 09 Jul 2012 5:50 pm

If you aren't resourceful enough to find the answers to these questions by yourself, you should reconsider running a business.
Therefore only in short:
- You cannot start your own business on a DP.
- Investor visa is possible if you have S$1.5million and fulfil some other criteria (like, having a business plan).

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Strong Eagle
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Postby Strong Eagle » Mon, 09 Jul 2012 10:36 pm

beppi wrote:If you aren't resourceful enough to find the answers to these questions by yourself, you should reconsider running a business.
Therefore only in short:
- You cannot start your own business on a DP.
- Investor visa is possible if you have S$1.5million and fulfil some other criteria (like, having a business plan).


Sorry, but a DP CAN start their own business in Singapore. The OP really ought to do some research before posting these questions... many useful threads already exist.

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togeorgemathew
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DP starting own business

Postby togeorgemathew » Fri, 20 Jul 2012 2:37 pm

Strong Eagle is right, it is possible for a Dependant Pass holder to start their own business/company. I believe other threads have answered this.

zion77
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Postby zion77 » Sat, 04 Aug 2012 12:30 am

My wife is on Dependent pass and she got approval from MoM to work in her own biz venture. You can read more about it in my blog
{Third time unlucky - self serving link removed by moderator - your account has been locked )

Nigel Teo
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Postby Nigel Teo » Thu, 20 Sep 2012 12:01 pm

Yes, i saw some client using that to register new business too. So you might give it a try^^

ethan32
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Re: Starting new business in singapore

Postby ethan32 » Fri, 16 Jun 2017 2:45 pm

very informative. moving to Singapore from Malaysia and planning to start a business here, any advice for a new expat like me?

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Strong Eagle
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Re: Re:

Postby Strong Eagle » Fri, 22 Sep 2017 10:26 pm

alexkim8911 wrote:
Strong Eagle wrote:
Sorry, but a DP CAN start their own business in Singapore. The OP really ought to do some research before posting these questions... many useful threads already exist.


Yes, I agree on this point. Obviously, a DP can also start their own business in Singapore. He/she just need to follow mom.


And no doubt, with you posting from Delhi, you'd have a wealth of information on this topic?

MelissaTann
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Re: Starting new business in singapore

Postby MelissaTann » Fri, 29 Sep 2017 2:40 pm

Is it possible with a DP or not ?
Someone advise the rules have changed recently on this but i can't find it...

sophie_lie
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Re: Starting new business in singapore

Postby sophie_lie » Fri, 29 Sep 2017 10:49 pm

According to what I've seen and heard from other places (and some friends) before, it's possible. But if, like you said before, they changed the regulations recently, then I don't really know.

MelissaTann
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Re: Starting new business in singapore

Postby MelissaTann » Mon, 02 Oct 2017 6:23 pm

I have sent a few enquiry through http://www.incorporate.sg and am waiting for a reply from corporate services company in singapore. Hopefully I can have the answer very soon to post here and start my own business !!


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