Self-Employed and other activities

jojo133 Active member

Member since 24 December 2011

jojo133Active member18 October 2016 07:58:28

Hi everyone,

I would like to know if it is possible to be self-employed (occupation permit), running my own business then, and have other businesses on the side, like being a shareholder of a company, or opening another business (different company) on my own (or with other shareholders) ?

Or maybe I must apply for investor occupation permit then ? But it is more difficult as the income must be more than 4.000.000 Rs for the business of the occupation permit registration I think...

Thanks a lot for help !

kelly84 Member

Member since 05 September 2011

kelly84Member07 November 2016 04:54:04

Hi jojo. Can i have your email add? My husband is specialist in this area. I will ask him for the advise. Or you can email me the detail. ***

Moderated by Priscilla 8 years ago
Reason : Do not post your personal contact details on a public forum for your own security + no free ads please

Nadeem ViP

Member since 18 November 2008

NadeemViP07 November 2016 17:07:41

1287

Hi.

Your self-employed status is based on your professional qualification. Normally it's related to liberal professions like doctors, lawyers, consultants, etc. It is not related to 'business' or 'commercial' components.

Once you have a residency permit (in any type of Occupation Permit / residence permit) - you can incorporate your company. This can also be done without a residency permit, the difference is that you will need a resident director (every company needs at least 1 resident director). If you have a residency elsewhere, you can be the 'only' resident director in your company. There's no absolute need to have an investor permit, your Self-employed permit can play the game.

You are free to open as many companies as you want.
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