EntrePass
What's EntrePass?
The EntrePass program permits qualified international entrepreneurs to create and operate a venture-backed or innovative technology-based business in Singapore. Applicants who intend to start a business in Singapore are eligible for an EntrePass, which can later be used to obtain Singapore Permanent Resident (PR) Status.

Key Facts
  • Who is it for
    Eligible foreign entrepreneurs who want to run a venture-backed or innovative business in Singapore.
  • Minimum salary
    No stipulated minimum salary
  • Duration of Pass
    ● New pass and first renewal: 1 year
    ● Subsequent renewals: 2 years
  • Foreign Worker Levy or Quota
    No foreign worker levy or quota required
Application Process
  • 01
    1.Select Industry
  • 02
    2.Select the appropriate Intellectual Property Rights
  • 03
    3.Draft your business plan
  • 04
    4.Submit your application to MOM for approval
  • 05
    5.Receive your In-Principle Approval and issue your Pass
  • 06
    6.Incorporate your company in Singapore
More Information
What's Next?
Eligibility

① Applicant: A natural person above the age of 18 years old with full legal capacity to register a Private Limited Company with Singapore Registration Office (ACRA).

② Company Shares: The applicant must hold at least 30% shareholding of the company & the fund need to be deposited into a company account opened in a Singapore Bank;

③ Entrepreneurial permit projects that are not considered by the government: coffee shops, food centers, food bars, nightclubs, karaoke bars, lounges, foot massages, massage parlors, Chinese traditional medicine, acupuncture and moxibustion, traditional Chinese medicine dispensing, labor agencies, feng shui masters.


    ● Also, both conditions need to be met to apply a EntrePass:

① Have started, or intend to start, a private limited company registered with ACRA that is venture-backed or owns innovative technologies.

    a. If registered, the company must be less than 6 months old on the date you apply.

    b. If not registered, you can do so after your Entrepass approval

② Meet at least one of the following innovative criteria as an entrepreneur, innovator or investor listed below. Do not need to meet all of the criteria for each respective profile.       
    a. Entrepreneur
    b. Innovator
    c. Investor

Documents Required

① Passport personal data

② CV

③ Testimonials from past employers or clients (if applicable)

④ Educational certificate

⑤ Other individual awards or professional qualification certificates

⑥ Personal Deposit Certificate

⑦ Patent certificate or copyright certificate

⑧ Company information (business license, tax registration certificate, organization code certificate, equity certificate, financial statements of the company for the past 3 years, brochures, website, lease agreement, certificates, etc.)

⑨ Company products/photos

⑩ Business Plan (up to 10 pages)


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