Employment Pass for company directors and business owners

An Employment Pass holder can be a director of a second company only with a Letter of Consent from MOM, which takes up to 5 weeks. Owners who want a pass for their own company have three routes.

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Three different questions hide behind this search. Can an Employment Pass (EP) holder be a director of another company? Can an owner get an EP through their own company? Or is the EntrePass the better pass? MOM answers the first clearly and the second only partly. Checked .

Can an EP holder be a director of another company?

Yes, with a Letter of Consent (LOC) from the Ministry of Manpower. MOM treats directorship duties as work, so an EP holder cannot take a board seat in a second company without one. MOM generally approves an LOC only when two things are true:

  • the company is related by shareholding to the EP holder's employer, as shown in ACRA records, and
  • the directorship relates to the EP holder's primary employment.

MOM states approval within 5 weeks. The LOC is valid up to the expiry or cancellation date of the current EP. Before you apply, make sure your employer has no objection. After approval, register the directorship with ACRA. Unpaid volunteer work for charitable purposes needs no LOC.

Which pass fits an owner?

Your situation Pass to look at What decides it
Foreign founder of a venture-backed or innovative private limited company, holding at least 30% EntrePass MOM backing tests, such as at least S$100,000 raised in one round
Owner who will work in their own company on a salary Employment Pass through the company Salary line, COMPASS score of 40, MOM's view of the business
Employee who joins a related company's board Existing EP plus an LOC Shareholding link and the link to the main job
Owner who wants a Personalised Employment Pass Not available MOM excludes business owners

Can you get an Employment Pass through your own company?

MOM's EP application is filed by the employer, and an employer can be your own company. MOM then applies its usual tests. The candidate must meet the minimum fixed monthly salary, which for general sectors is currently S$5,600 at age 23 and below and rises to S$10,700 at age 45 and above. The application also has to pass COMPASS with 40 points unless an exemption applies, such as a fixed monthly salary of S$22,500 or more.

The honest gap is capital. ACRA accepts a company with share capital of S$1, but MOM does not publish a minimum paid-up capital for an owner's EP on the pages we read. Some providers advise a figure well above that. Treat it as the provider's opinion, not a rule, and ask MOM or a provider for the current view.

A small point in your favour. Firms with fewer than 25 professionals, managers, executives and technicians get a default 10 points on each of two COMPASS firm criteria. See the COMPASS page for the full scoring.

What does the EP application cost?

Item Amount
Application fee S$105
Issuance fee S$225 for each pass
Multiple-entry visa, if applicable S$30

MOM says standard applications are processed or given an update within 10 business days. The first pass runs up to 2 years and renewals up to 3 years. Before filing, the employer must advertise the job on MyCareersFuture, and the company's turnover information for the past 3 years must be updated.

What does an owner need from ACRA first?

The company must exist before the EP is filed through it. A private company in Singapore needs at least one director who is ordinarily resident, aged 18 or older, and a company secretary within six months of registration. Foreigners must use a corporate service provider to reserve the name and register. ACRA counts a valid EP holder as a local resident, so once you hold the pass, you can meet the resident-director rule yourself. Until then you need another resident director. Read register a company in Singapore as a foreigner for the order of steps.

What about your family?

An EP holder earning at least S$6,000 a month can sponsor a spouse and unmarried children under 21 for a Dependant's Pass.

Want a provider to set up the company and prepare the pass file? Use the quote form on this page and we pass your request to suitable providers.

Sources

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Questions people ask

Can an Employment Pass holder be a director of another company?

Yes, but only with a Letter of Consent from MOM, because MOM treats directorship duties as work. MOM generally approves it when the other company is related by shareholding to the EP holder's employer and the role relates to the primary job.

How long does a Letter of Consent for a directorship take?

MOM states approval within 5 weeks. The LOC stays valid up to the expiry or cancellation date of the current Employment Pass. After approval you register the directorship with ACRA. Ask your employer about any objection before you apply.

Can I get an Employment Pass for my own company?

MOM runs the same checks as for any EP, including the salary line and COMPASS, and it also looks at the business. MOM's pages do not publish a paid-up capital figure for owners. Providers quote their own rules of thumb, so treat those as opinion.

Can a Personalised Employment Pass holder own a company?

No. MOM says you are not eligible for a Personalised Employment Pass if you are a business owner in an ACRA-registered company, such as a sole proprietor, partner, shareholder, or a director who is also a shareholder.

Does an EP holder count as the local director for ACRA?

ACRA lists a valid Employment Pass holder among the people who count as local residents for the resident director rule. That matters if you want to register a company as a foreigner and need the director requirement met.

Do I need an EP or an EntrePass to run my own startup?

It depends on the company. The EntrePass is for venture-backed or innovative companies where you hold at least 30%. Founders of other companies look at an Employment Pass issued through their own company, which is scored under COMPASS.

Setting up a company as an owner?

Use the quote form on this page and we pass your request to suitable providers.