{"id":5764,"date":"2020-09-28T15:45:23","date_gmt":"2020-09-28T07:45:23","guid":{"rendered":"http:\/\/www.biztreemgmt.com\/wordpress\/?p=5764"},"modified":"2022-02-09T23:23:41","modified_gmt":"2022-02-09T15:23:41","slug":"company-registration-with-employment-pass","status":"publish","type":"post","link":"http:\/\/www.biztreemgmt.com\/wordpress\/company-registration-with-employment-pass\/","title":{"rendered":"Company Registration With Employment Pass"},"content":{"rendered":"\n<p><strong>WHO IS EMPLOYMENT PASS HOLDER (EP)<\/strong><\/p>\n\n\n\n<ul><li>EP is type of working pass means for foreigner whose monthly earning income is &nbsp;S$4,500  with effect from 01 September . <\/li><\/ul>\n\n\n\n<ul><li>EP is govern by MOM regulation <\/li><\/ul>\n\n\n\n<p><strong>CAN EP BECOME COMPANY DIRECTOR<\/strong><\/p>\n\n\n\n<ul><li> YES, but for his Employer Company or its relevant Company ONLY  <\/li><\/ul>\n\n\n\n<p><strong>IS EP CONSIDER LOCAL RESIDENTIAL DIRECTOR <\/strong><\/p>\n\n\n\n<ul><li> YES. EP director is consider comply with Companies Act requirement \u201c Every company must have at least 1 local director <\/li><\/ul>\n\n\n\n<p><strong>VALIDATION OF EP <\/strong><\/p>\n\n\n\n<ul><li>2 years <\/li><\/ul>\n\n\n\n<p><strong>IS RENEWABLE &nbsp;&nbsp;<\/strong><\/p>\n\n\n\n<ul><li>YES, subject to MOM approval <\/li><\/ul>\n\n\n\n<p><strong>CAN THE EP HOLDER BECOME DIRECTOR OF SUBSIDIARY COMPANY &nbsp;&nbsp;&nbsp;&nbsp;<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"549\" src=\"http:\/\/www.biztreemgmt.com\/wordpress\/wp-content\/uploads\/2020\/09\/Capture-1-1024x549.jpg\" alt=\"\" class=\"wp-image-6182\" srcset=\"http:\/\/www.biztreemgmt.com\/wordpress\/wp-content\/uploads\/2020\/09\/Capture-1-1024x549.jpg 1024w, http:\/\/www.biztreemgmt.com\/wordpress\/wp-content\/uploads\/2020\/09\/Capture-1-300x161.jpg 300w, http:\/\/www.biztreemgmt.com\/wordpress\/wp-content\/uploads\/2020\/09\/Capture-1-768x412.jpg 768w, http:\/\/www.biztreemgmt.com\/wordpress\/wp-content\/uploads\/2020\/09\/Capture-1.jpg 1048w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><strong>HOW TO EP TAKEN 2<sup>ND<\/sup> DIRECTORSHIP<\/strong><\/p>\n\n\n\n<ul><li>Please click <a href=\"https:\/\/www.mom.gov.sg\/passes-and-permits\/employment-pass\/taking-up-secondary-directorship\">here<\/a> for the procedure <\/li><\/ul>\n\n\n\n<p><strong>CAN EP HOLDER RECEIVE DIRECTOR FEES<\/strong><\/p>\n\n\n\n<ul><li>YES <\/li><\/ul>\n\n\n\n<p><strong>IF MOM NOT RENEW MY EP, CAN I STILL BE DIRECTOR <\/strong><\/p>\n\n\n\n<ul><li>YES, you may be foreign director via capacity of passport <\/li><\/ul>\n\n\n\n<p><strong>CAN EP BECOME SHAREHOLDER OF THE COMPANY <\/strong><\/p>\n\n\n\n<ul><li> Yes <\/li><\/ul>\n\n\n\n<p>Latest\nrelated News : <\/p>\n\n\n\n<p><a href=\"http:\/\/www.biztreemgmt.com\/wordpress\/compliance-newsletter\/\">Change in application EP with effect\nfrom 01.09.2020<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"<p>WHO IS EMPLOYMENT PASS HOLDER (EP) EP is type of working pass means for foreigner whose monthly earning income is &nbsp;S$4,500 with effect from 01 September . EP is govern by MOM regulation CAN EP BECOME COMPANY DIRECTOR YES, but for his Employer Company or its relevant Company ONLY IS EP CONSIDER LOCAL RESIDENTIAL DIRECTOR<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[165],"tags":[233,40,90],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.9 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Company Registration With Employment Pass<\/title>\n<meta name=\"description\" content=\"Is employment pass holder allowed register company in Singapore ? 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