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Will EP cancelled if the director of own company declared bankrupt?


STEVEN SELVARAJA
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 STEVEN SELVARAJA
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What happens when an EP holder, who is the director of his own company, is declared bankrupt? Will the EP be cancelled?

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Paul Hype Page
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Joined: 11 months ago

Hi Steven,

Whether or not he is an employment pass holder, he/she will not be able to be the director of the company if he/she is declared brankrupt.

He can still be a normal employee (not director) despite being bankrupt and his employment pass will not be cancelled as long as he/she is still under contract with the company.

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