Can I register business or company while holding DP (Dependant’s Pass)?
What type of entity DP holder can register?
What are the types of entities allowed to register by DP holder?
Can DP holder register a company?
Yes. DP (Dependant’s Pass) holder is considered as the local resident. Hence, the DP holder could register the following entities with ACRA provided they meet the eligibility criteria:
However, the DP holder could start to run and manage the business only with the approval of Letter Of Consent (LOC) under his/her own entity from the Ministry Of Manpower (MOM).
Can I be the owner of Sole Proprietorship while holding DP (Dependant’s Pass)?
- Yes. DP (Dependant’s Pass) holder is considered as the local resident. Hence, the DP holder could register a Sole Proprietorship with ACRA as the Owner.
However, the DP holder could start to run and manage the Sole Proprietorship only with the approval of Letter Of Consent (LOC) from the Ministry Of Manpower (MOM).
Can I be the Partner of Partnership while holding DP (Dependant’s Pass)?
- Yes. DP (Dependant’s Pass) holder is considered as the local resident. Hence, the DP holder could be registered as one of the Partners of Partnership with ACRA.
However, the DP holder could start to run and manage the Partnership only with the approval of Letter Of Consent (LOC) from the Ministry Of Manpower (MOM).
Can DP holder be one of the Partners of Partnership?
- Yes. DP (Dependant’s Pass) holder is considered as the local resident. Hence, the DP holder could be registered as one of the Partners of Partnership with ACRA.
However, the DP holder could start to run and manage the Partnership only with the approval of Letter Of Consent (LOC) from the Ministry Of Manpower (MOM).
Can I be the General Partner of Limited Partnership (LP) while holding DP (Dependant’s Pass)?
- Yes. DP (Dependant’s Pass) holder is considered as the local resident. Hence, the DP holder could be registered as the General Partner of Limited Partnership (LP) with ACRA.
However, the DP holder could start to run and manage the Limited Partnership (LP) only with the approval of Letter Of Consent (LOC) from the Ministry Of Manpower (MOM).
Can I be the Limited Partner of Limited Partnership (LP) while holding DP (Dependant’s Pass)?
- Yes. DP (Dependant’s Pass) holder is considered as the local resident. Hence, the DP holder could be registered as the Limited Partners of Limited Partnership (LP) with ACRA.
However, the DP holder could start to run and manage the Limited Partnership (LP) only with the approval of Letter Of Consent (LOC) from the Ministry Of Manpower (MOM).
Can I be the Partner of Limited Liability Partnership (LLP) while holding DP (Dependant’s Pass)?
- Yes. DP (Dependant’s Pass) holder is considered as the local resident. Hence, the DP holder could be registered as one of the Partners of Limited Liability Partnership (LLP) with ACRA.
However, the DP holder could start to run and manage the Limited Liability Partnership (LLP) only with the approval of Letter Of Consent (LOC) from the Ministry Of Manpower (MOM).
Can I be the Director of Private Limited (Pte Ltd) Company while holding DP (Dependant’s Pass)?
- Yes. DP (Dependant’s Pass) holder is considered as the local resident. Hence, the DP holder could be registered as the Director of Pte Ltd with ACRA.
However, the DP holder could start to run and manage the Pte Ltd Company only with the approval of Letter Of Consent (LOC) from the Ministry Of Manpower (MOM).
Can I be the Shareholder of Private Limited (Pte Ltd) Company while holding DP (Dependant’s Pass)?
- Yes. DP (Dependant’s Pass) holder could be registered as the Shareholder of Pte Ltd with ACRA.
However, the DP holder could start to run and manage the Pte Ltd Company only with the approval of Letter Of Consent (LOC) from the Ministry Of Manpower (MOM).
Can I be the Sole Director of Private Limited (Pte Ltd) Company while holding DP (Dependant’s Pass)?
- Yes. DP (Dependant’s Pass) holder is considered as the local resident. Hence, the DP holder could be registered as the Sole Director of Pte Ltd with ACRA.
However, the DP holder could start to run and manage the Pte Ltd Company only with the approval of Letter Of Consent (LOC) from the Ministry Of Manpower (MOM).
Can I be the Sole Shareholder of Private Limited (Pte Ltd) Company while holding DP (Dependant’s Pass)?
- Yes. DP (Dependant’s Pass) holder could be registered as the Sole Shareholder of Pte Ltd with ACRA.
However, the DP holder could start to run and manage the Pte Ltd Company only with the approval of Letter Of Consent (LOC) from the Ministry Of Manpower (MOM).
Where can I find any guide for business entities in Singapore?