Can Employment Pass holder become shareholder
Employment Pass holder is allowed to be appointed Company Director for the Employer company stated on their working visa.
How about Employment Pass holder to become shareholder ?
Can Employment Pass holder become shareholder of the company ?
Yes
Can Employment Pass holder receive director fees from the company ?
Received Director fees will be subject to income tax .
And residency status will determine the different tax treatment
- tax calculator for non resident individual
- tax calculator for resident individual
Is the received dividend taxable ?
No, all the received dividend is tax free .