Job Recruitment Website - Immigration policy - What are the conditions for investing in Singapore?
What are the conditions for investing in Singapore?
Legal analysis: 1. You must have at least three years of entrepreneurial experience and submit your company's audited financial report for the last three years. 2. The company must belong to one or more commercial fields in the prescribed industry list. 3. The company's turnover in the last year should reach at least S $50 million, and the average annual turnover in the last three years should reach at least S $50 million. Investors must declare their investment plans with the company with the highest turnover as the main company. Investors can also submit relevant information of other companies they own to meet the minimum requirements of turnover. If the company is private, investors must hold at least 30% of the shares. The scope of responsibility of investors in the company and the profitability of the company will also be considered in the examination and approval. In addition, investors need to submit a detailed five-year business plan or investment plan.
Legal basis: Law of People's Republic of China (PRC) on the Administration of Exit and Entry of Citizens.
Article 2 China citizens leaving or entering the country with valid passports or other valid certificates issued by the competent authorities of the State Council and their authorized organs do not need to apply for visas.
Article 3 China citizens leaving or entering the country shall pass through ports open to the outside world or designated ports and be inspected by frontier inspection organs.
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