Can an owner of a Singapore work permit become a Director in a local company?

The official website of the Singapore Ministry of Manpower informs that a foreign citizen can become a Director of the company indicated in the work permit, as well as for associated companies. This is considered to be a standard practice.

In case a company has no relation to the firm of the applicant’s employment, in order to become its Director, a foreign specialist has to apply to the Ministry to be granted a so-called Letter of Consent (LoC).