EntrePass

Singapore

Entrepreneur , Investor , Innovator
All Business Sectors
Free

This work pass is intended for serial entrepreneurs, high-calibre innovators or experienced investors that want to operate a business in Singapore. As enrepreneurs you can apply if you have started (Registred less than 6 months before the application), or intend to start (or relocate), a private limited company registered with ACRA. If not registered, you can do so after you know the outcome of your application.

EntrePass

This work pass is intended for serial entrepreneurs, high-calibre innovators or experienced investors that want to operate a business in Singapore. As enrepreneurs you can apply if you have started (Registred less than 6 months before the application), or intend to start (or relocate), a private limited company registered with ACRA. If not registered, you can do so after you know the outcome of your application.

Country

For who?

Entrepreneurs , Investors , Innovators

Time Granted Details

New pass or first renewal: one year
Subsequent renewals: two years
Renewable upon meeting criteria for total business spending and the number of local jobs created: https://www.mom.gov.sg/passes-and-permits/entrepass/renew-a-pass#renewal-criteria

Requirements

it depends on your situation, you can find the eligibility criteria here:

https://www.mom.gov.sg/passes-and-permits/entrepass/eligibility

Minimum fund

$0

Fund Source

This information is not available

Visa application fees

Submission fee: 105-115 USD
Issue fee: 225 USD

Duration

8 weeks for most cases

Documents required

  • Personal particulars page of your passport.
  • If available, past employment testimonials in English or resume to elaborate on professional experiences, awards, or recognitions.
  • (For businesses registered with ACRA) Company‚Äôs latest business profile.
  • A business plan in English, maximum of 10 pages, consisting of:
    • Product and service offered
    • Market analysis
    • Operation plan
    • Profile of management team
    • Supporting documents, e.g. licensing agreements, product certificates and endorsement patents
  • Other documents that will support your EntrePass application. We may ask for other documents when we review your application.

Procedures

The applicant will go through these steps :

1. Submition of the EntrePass application form electronically or at any SingPost branch
2. Once he recieved IPA letter from the authorities, he will be required to register his company, open a corporate bank account and inject any necessary share capital within 30 days of the letter.
3. Once he has registered his company, he will need to update his EntrePass details with MOM (Ministry Of Manpower) before the final and approved EntrePass is issued to him.
**The IPA gives the applicant 6 months to come to Singapore and get the pass issued.

How to apply?

The website of Ministry of manpower, Singapore : 
https://www.mom.gov.sg/passes-and-permits/entrepass/apply-for-a-pass

Additional info

The following businesses are not eligible for an EntrePass:
Coffee shops, hawker centres, food courts.
Bars, night clubs, karaoke lounges.
Foot reflexology, massage parlours.
Acupuncture, traditional Chinese medicine, herbal dispensing businesses.
Employment agencies.
Geomancy business

Family

As an EntrePass holder, you can only bring your family in if you meet the requirements for total annual business spending and local employment
https://www.mom.gov.sg/passes-and-permits/entrepass/passes-for-family.