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You’re in Singapore under Employment Pass and thinking about setting up a company in Singapore. Congratulations! Here’s what you need to do.
Can I incorporate if I have an Employment Pass?
Sure. There are two options: you can be only a shareholder in your company if you don’t want to change your status. You can’t have another official role in your company in this case.
Or you can be a director. For that, you need to get a new Employment Pass (EP) issued per your new company. It’s best if you are not a shareholder in this scenario to ensure receiving an EP. You’ll have to leave your current employer, too.
