Client BackgroundA Seoul couple who jointly own their trading business, with her as the majority shareholder and the one running it day to day.
Client PlanTo relocate together, with the company incorporated in Singapore.
ProblemThey assumed the family would be awkward to sponsor, though the rules are neutral on which spouse does.
How We HelpedWe set her director’s salary at S$6,400, above both her own EP band and the DP threshold, and planned his position in the company.
Client BackgroundA Seoul couple who jointly own their trading business. She is the majority shareholder and the one who runs it day to day.
Client PlanTo relocate together, with the company incorporated in Singapore.
ProblemThey assumed the family would be awkward to sponsor. The rules are neutral on which spouse does.
How We HelpedThey assumed the structure would be awkward because she would be the sponsor. It is not — the rules are neutral as to which spouse sponsors. What matters is the same either way: the sponsor’s fixed monthly salary must reach S$6,000 for a Dependant’s Pass, and the accompanying spouse cannot simply start working on it. We set her director’s salary at S$6,400, above both her own EP band and the DP threshold, and planned his position in the company rather than leaving him dependent.
OutcomeHer EP approved; his Dependant’s Pass issued about three weeks later. He was subsequently appointed a director and moved onto his own Employment Pass four months after that, with no gap in his right to remain.
How can Xinran help you?
Xinran is an established facilitator focused on market entry and international expansion. With our global reach, we offer a full suite of corporate services to help companies successfully enter newer markets.
We pride ourselves on our client-oriented approach. Our comprehensive services and deep understanding of local and global markets make us an invaluable partner for your expansion into Asia. We have vast experience providing services for successful entrepreneurs who want to incorporate their businesses in Singapore, Hong Kong or mainland China.