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Directorship by EP holder (Employment Pass holder) of Singapore registered company?

In:

Foreigners who wishes to set up any business or company in Singapore is required to apply for EntrePass.

However EP holders can be registered as directors in another company apart from the company the EP is approved for ONLY by obtaining LOC:

  • Only if the EP holder hasΒ obtained a Letter of Consent (LOC)from MOM.
  • MOM recognises thatΒ secondary directorship positions in related companies, e.g. subsidiary, may be critical to the EP holder’s job role. As such, MOM would generally allow EP holders to take up such secondary roles by granting an additional β€œLetter of Consent”.
  • If the secondary directorship position is in anΒ unrelated company, e.g. fund entities, MOM may still grant the LOC if it is relevant to the EP holder’s primary occupation.
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