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Yes. There is no need to obtain an approval letter from MOM before registering a business with ACRA. However, once you have registered your business with ACRA, you need to submit an online request to apply for a Letter of Consent (LOC) for Dependant’s Pass (DP) holders to operate a business. The processing time is within 4 weeks for most cases.
Click here to learn more about LOC for DP holders who are the business owners