Work for 2 businesses while on EP

[Arling]

Hello all,

I am part owner and a director of 2 Singapore resident companies.
I actively work in both businesses.
I am currently located outside of Singapore.

If I get an Employment Pass to relocate to Singapore via one
of these companies, could I continue to work and take salary
from the other as well ?
I suppose I could still act as Director and take Director's Fees (?)

thanks...

[Strong Eagle]

In general, NO. This question has been previously asked. Try a search and get back with more questions.

[togeorgemathew]

If you can prove that both companies are part of the same group, permission for working under and receiving compensation from multiple companies can be received by making a case with the Ministry of Manpower.

[sktale]

Hi,

Just a tweak to this scenario. Since, I own both the business, once I move to Singapore, is it possible that I am employed by only one. With regards to other company, I am just the share holder ( Notemployed)

That means, I have the Profits from both but Salaried income from only one. And I no more legally look under the operations of other.

In legal terms, employed at one, and investment/ share holder at other.


Thanks in advance for any advise

[Strong Eagle]

Hi,

Just a tweak to this scenario. Since, I own both the business, once I move to Singapore, is it possible that I am employed by only one. With regards to other company, I am just the share holder ( Notemployed)

That means, I have the Profits from both but Salaried income from only one. And I no more legally look under the operations of other.

In legal terms, employed at one, and investment/ share holder at other.


Thanks in advance for any advise

As long as you have a real managing director for the business in which you are a shareholder, there shouldn't be a problem.