Entrepass holder (and director) applying for Employment Pass with another entity
An Entrepass holder, who is also a director in the company, and decides to apply for another job, when would the Entrepass holder have to step down as a director?
Before the getting the employment pass card issued?
Before the application/IPA?
Thank you for your query. We have 2 recommendations for you:
1. Convert your EntrePass to Employment Pass (EP)
We recommend you to keep your own company and apply for EP under your company as this will give you ownership and flexibility. You can work with your new employer under contract arrangement.
2. Apply EP with new job
Alternatively, you may work as an employee under payroll of your new employer. In this case, you will need to apply EP under the new company. As for your old company, you need to find a local director for your old business or have to close it down.
We would love to get in touch with you so we can better understand your situation.
Do contact us for more information. We look forward to hearing from you!