No at the point of application, but you will need to hold at least 30% shares in the company by Year 2.
Frequently Asked Questions : Shareholding Structure
Can one person or a company own all the company shares? How many shareholders must a company have?
Yes, the Singapore Companies Act allows for a minimum of one individual or corporate shareholder. A Singapore Company may be registered with only one
Can I hold shares in other companies while I am on Employment Pass (EP)?
Yes, you can hold shares in other companies or be a shareholder of another company while you are holding an Employment Pass (EP).
Can a shareholder of a company apply for an Employment Pass (EP)?
Yes, a shareholder can. However, if it is a newly established company, it is important for the company to show that it is able to generate enough
Are shareholders liable for companies’ debts?
A shareholder is not liable for the debts or other obligations of the company except to the extent of any commitment made to buy shares. The benefits
Can a foreigner (individual or company) hold 100% shares in a Singapore company?
Yes. There is no requirement of a local shareholder.
