For foreigners who are on Employment Pass, their family members may join them in Singapore with a Dependent Pass. To obtain the Dependent Pass, the spouse must be legally married to a foreign person and the children must be under 21 years of age. As in the case of the Employment Pass, only an employer or an appointed person may apply for this pass on behalf of the person or group of people. Again, the pass lasts 2 years and is renewable. The family members of the foreign person may start searching for a job in Singapore once they have been granted a Dependent Pass.
Thirdly, a foreigner may apply for an EntrePass. However, to do so, he/she must meet certain criteria. First, let’s look at what the EntrePass allows the person to do in Singapore. If you are a foreigner and want to start a new company in Singapore, this is what this visa allows you to do. This visa can be awarded to a foreigner of any nationality. However, you must have registered a company (or at least plan to do so) and must have done so in cooperation with the Accounting and Corporate Regulatory Authority. The company may not be older than 6 months on the day of application for the EntrePass. Moreover, you must own at least 30% of shares in the company and the company must possess at least $50,000 of capital. This must be proven using a bank statement.
All in all, it can be said that the Singapore company setup is a straight-forward process. However, a foreign person must obtain a certain type of work visa, depending on his/her circumstances, to seize the business opportunities in Singapore.