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Employment Pass & LOC for Business Owners in Singapore

Sleek manages end-to-end application for all workpasses in Singapore. Our approval rate is >97%.

Understanding Employment Pass requirements in Singapore

  • Designed for employed foreign professionals as well as business owners or employees.
  • Applicants should meet specific salary, qualification and age requirements.
  • Once issued, the pass is valid for up to 2 years for new applications and up to 3 years for renewals.
  • From 1st of September the criteria for Employment Pass is changing. Applicants would additionally need to pass the new COMPASS scoring criteria with at least 40 points.

Sleek is a registered Employment Agency (Licence #17S8937) under The Ministry Of Manpower.

Understanding Letter of Consent (LOC) requirements in Singapore

  • LOC is meant for DP holders who intend to start and operate their own business that meet a defined criteria.
  • Once issued, a new LOC has a validity of up to 1 year or up to the DP expiry date, whichever is shorter.
  • For renewals, LOCs have validity up to the DP expiry date upon meeting the renewal criteria of hiring at least 1 local that earns at least a fixed monthly salary of at least $1400 and receives CPF contribution for at least 3 months.
  • There is no minimum salary requirement for this pass.

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Overseas Networks & Expertise Pass (ONE) application

This visa that is designed for top talent in business, arts and culture, sports, science and technology, and academia and research

S$1088

Including MoM fee of $105

Inclusions:

Employment Pass (EP) application             

This visa is designed for managers, executives and skilled professionals

S$1088

Including MOM fee of $330 and Multiple Journey Visa fees of $30 if applicable

Inclusions:

Personalised Employment Pass (PEP) application

This visa is designed for high-earning employment pass holders and overseas foreign professionals. It is not tied to an employer and offers greater flexibility than an Employment Pass (EP)

S$1088

Including MOM fee of $330 and Multiple Journey Visa fees of $30 if applicable

Inclusions:

Letter of Consent (LOC) application

This visa is designed for dependants of Employment Pass holders who wish to operate their own business in Singapore

S$450

No MoM fees

Inclusions:

Dependant’s Pass (DP) & Long Term Visit Pass (LTVP) application

Allows work pass holders to bring certain family members to Singapore

S$780

Including MOM fee of $330 and Multiple Journey Visa fees of $30 if applicable

Inclusions:

S Pass application

This visa is designed for mid-level skilled workers

S$855

Including MOM fee of $205 and Multiple Journey Visa fees of $30 if applicable

Inclusions:

Overseas Networks & Expertise Pass (ONE) application

This visa is designed for top talent in business, arts and culture, sports, science and technology, and academia and research

S$650

(Excl. MOM fee of S$105)

Employment Pass (EP) application

This visa is designed for managers, executives and skilled professionals

S$650

(Excl. MOM fee of S$330)

Personalised Employment Pass (PEP) application

This visa is designed for high-earning employment pass holders and overseas foreign professionals. It is not tied to an employer and offers greater flexibility than an employment pass (EP).

S$650

(Excl. MOM fee of S$330)

*Personalised Employment Pass can not be renewed. It is only issued once.

Letter of Consent (LOC) application

The LOC is designed for DP holders to operate a business in Singapore

S$450

(No MOM fees)

Dependant’s Pass (DP) & Long Term Visit Pass (LTVP) application

Allows work pass holders to bring certain family members to Singapore

S$450

(Excl. MOM fee of S$330)

S Pass application

This visa is designed for mid-level skilled workers

S$650

(Excl. MOM fee of S$205)

FAQs

Here are some common questions we recieve from our customers.
If you have any additional questions, please don’t hesitate to contact us.

All visa applications should avoid being listed on the company during the application, unless company incorporated more than 6 months. For new companies, once the company has been incorporated and the corporate bank account opened, once an applicant’s EP is approved they can then be added to the company as a director and shareholder.

Yes, EP holders can own 100% of shares in any company including their own (after they have had their EP approved). This includes EP holders who hold secondary directorships via a Letter of Consent.

Yes, EP holder residing in Singapore can be appointed as a local resident director.

An EP holder can be appointed a director of a second company. It requires them to apply for a Letter of Consent for Secondary Directorship from secondary company and to satisfy the LOC requirements, namely that there should be a direct ownership between the primary employer and the second company (but does not need to be 100% owned)

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