Yes, you can hold shares in other companies or be a shareholder of another company while you are holding an Employment Pass (EP).
Frequently Asked Questions : Immigration & Work Visa
Can my Dependant work in Singapore?
Yes, a Dependant's Pass (DP) holder can work after the employer has received the Letter of Consent (LOC) from the Ministry of Manpower.
Can I bring in my dependants on an Employment Pass (EP)?
Yes, provided your salary is above $ 6,000.
Can my employer reject my resignation?
No. Under Section 108 of the Employment Act, failure to allow an employee to leave the service is an offence. The employer is liable on conviction to
Can the terms and conditions of an Employee’s contract be changed during the course of employment?
The terms and conditions of employment can only be changed if the employee agrees to it. Without your employees' consent, there will be a breach of
Can you help me draft a business plan for the Entrepreneur Pass (EntrePass)?
Yes, our Entrepreneur Pass (EntrePass) Package includes drafting of the Business Plan. We will require information such as the Applicant Profile,
Do I need to be a shareholder to apply for an Entrepreneur Pass (EntrePass)?
No at the point of application, but you will need to hold at least 30% shares in the company by Year 2.
Does a Personalised Employment Pass (PEP) holder need to leave Singapore after the expiry of the 3 year validity period?
WEF 1 December 2012, the Personalised Employment Pass (PEP) is issued for a 3-year period and is non-renewable. During the validity period of 3 years,
Can Dependant’s Pass holders who own a company / business firm / LLP apply for a Letter of Consent?
A Dependant's Pass holder who holds a key appointment in any entity will not be entitled to a Letter of Consent. If they wish to draw a salary in the
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
Can an existing Employment Pass holder be a director of another company in Singapore?
No, if you are already holding an Employment Pass of a company, you cannot serve as a director of another company in Singapore.
Can a Personalised Employment Pass (PEP) holder start their own business in Singapore?
The Personalised Employment Pass (PEP) does not allow you to register a business in Singapore. The pass is intended for professionals who wish to be