Requirements for EMI
- Initial capital not less than 260 000 US dollars;
- The board of directors should include:
- At least one executive director should be a citizen of Singapore or have a permanent residence permit in Singapore
- At least 1 non-executive director who is a citizen of Singapore or have a permanent residence permit in Singapore
- At least 1 executive director who is a Singapore Employment Pass Holder.
Requirements for PI
1. Initial capital should be at least EUR 62,000;
2. To have all required documents;
3. Prepare a business plan;
4. Submit a document that confirms the level of income;
5. And others.