Can Employment Pass Holders Take On Secondary Directorships or Start a Company?

Secondary directorships are allowed only when companies are related by shareholding and with a Letter of Consent. EP holders can start a company but cannot be the director at incorporation; a local director is required until LOC approval. Osome assists with LOC applications and Nominee Director services.

Secondary Directorships

Allowed only if companies are related by shareholding and with LOC approval. LOC is required before assuming directorship in another company.

Starting a Company

EP holders can start a company but must appoint a local director until LOC is granted. Osome provides Nominee Director services to facilitate incorporation.