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Starting a Local Business on a Residence Permit

Written by Global Immigrate consultants · Reviewed by Oscar Yip, Founder & Managing Director

Summary

Residence is not automatic unrestricted business rights.

Short answer: before forming a company, confirm whether your permit allows self-employment/business and any extra licences. Tax registration, social insurance and real operations also matter.

FAQ

Shell company OK?

May harm extensions and tax compliance.

Foreign ownership caps?

Sector and country dependent.

Director on residence card?

Company registry will check ID documents.

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