If you are on a dependent pass, LTVP or LTVP+ and wish to draw a salary from a company in Singapore you will require a Letter of Consent from MOM.
The validity of your LOC is tied to the validity of your dependant pass or LTVP / LTVP+ as the case may be.
Foreigner Package
New Company Setup
S$2,400
Local Package
New Company Setup
S$1,100
Transfer Package
Existing Company
S$1,000
Singapore Branch
New Branch Setup
S$4,000
Representative Office
New Setup
S$2,500
BVI Company
Singapore Bank Account
US$2,200
