How are you different from an immigration agent or a corporate secretarial firm?
An immigration agent handles the pass application; a corporate secretarial firm handles incorporation and annual compliance. Each does one job well. For a founder, though, these pieces are linked: a common story is that the company is set up first, and only at the pass application does it turn out that the shareholding or business profile doesn't fit, so it has to be reworked. We start from the goals of you and your family, plan residency, company, assets and investment together, then coordinate the corporate secretary, accountants, lawyers and others through to completion, with us as your single point of contact.
What matters most for a self-sponsored EP now?
Not just paid-up capital, but whether the Singapore company has a real, independent business logic. What it sells, to whom, where revenue comes from, and whether the salary and role make sense. Companies set up only for a pass are increasingly hard to get approved. The decision rests with the Ministry of Manpower, and no one can guarantee it.
Can I plan residency by acquiring an existing business?
Yes, it is a common route. An established business with operations, cash flow and staff already has economic substance. The key is to check its finances, licences, lease and staff thoroughly before buying, and to plan the acquisition together with the residency route that follows.
Can foreign directors open a Singapore company bank account remotely?
Some banks and digital banks allow it, but their standards differ, and new companies tend to face closer questions. Preparing clear material on the company's background, business model and source of funds matters more than which bank you choose. The decision rests with the bank.
What does CRS mean for my overseas assets?
CRS (the Common Reporting Standard) is the international standard for the automatic exchange of financial account information, and Singapore takes part in it. Financial institutions report accounts according to your tax residency. Understanding how your tax residency is determined, and where you have reporting obligations, is the starting point for sound asset arrangements; rely on professional tax advice for your specific case.
Where do renovation, licensing and operations most often go wrong after arrival?
Common trouble spots are reinstatement clauses in leases, the order of licence applications, and how fit-out timing meets the opening date. These sit with different agencies and suppliers, which is exactly where gaps open up with no one responsible. Closing them is what coordination is for.
Is what I share kept confidential?
Yes. What you share is used only to assess and carry forward your matter, as set out in our privacy policy.