EntrePass
The EntrePass allows eligible foreigners to start and operate a new business in Singapore. Find out what businesses are eligible, how to apply and the requirements for renewing the pass.
Who is eligible
EntrePass is open to all nationalities.
You can apply for an EntrePass if you:
- Have started, or intend to start, a private limited company registered with ACRA.
- If registered, the company must be less than 6 months old on the date you apply.
- If not registered, you can do so after you know the outcome of your application.
- Meet any of the following innovative criteria for application as an entrepreneur, innovator or investor.
You do not need to meet all of the criteria for each respective profile or type, but having more qualifications would help your application.
Entrepreneur
- Has funding from a government-recognised VC or business angel
- Is an incubatee at a government-recognised incubator or accelerator
- Has business network and entrepreneurial track record
Innovator
- Holds an intellectual property
- Has a research collaboration with an IHL or research institute in Singapore
- Has extraordinary achievements in key areas of expertise
Investor
- Has investment track record
What is the duration
The duration of the pass is as follows:
- New pass or first renewal: 1 year
- Subsequent renewals: 2 years
Renewal Criteria
Renewal will be based on criteria such as incorporation of company, proof of business activities, at least 30% shareholding of the company, as well as others shown in the following table:
| Number of years you have held an EntrePass | Your total annual business spending must be at least | You must employ at least |
| 1 | — | — |
| 2 | $100,000 | 3 LQS (full-time employees, formerly known as FTE)OR1 local PME(professional, manager or executive) |
| 4 | $200,000 | 6 LQS
OR 2 local PMEs |
| 6 | $300,000 | 9 LQS
OR 3 local PMEs |
| 8 or more | $400,000 | 12 LQS
OR 4 local PMEs |
LQS (formerly known as FTE) refer to Singaporeans and Permanent Residents who earn a monthly salary of at least $1,300 (from 1 July 2019), and receive CPF contributions for at least 3 months.
Local PMEs refer to professionals, managers and executives who are Singaporeans or Permanent Residents, earn a monthly salary of at least $3,600 and receive CPF contributions for at least 3 months.
1 local PME counts as 3 LQS. For example, to meet the requirements of 6 LQS, you can employ 3 LQS and 1 local PME.
Passes for family
As an EntrePass holder, you can get certain family members to join you in Singapore if you meet the requirements for minimum business spending and local jobs created.
As an EntrePass holder, you can only bring your family in if you meet the requirements for total annual business spending and local employment:
| To bring your | Your total annual business spending must be at least | You must employ at least |
|
$100,000 | 3 LQS (full-time employees, formerly known as FTE)OR1 local PME(professional, manager or executive) |
|
$200,000 | 6 LQS
OR 2 local PMEs |
LQS (formerly known as FTE) refer to Singaporeans and Permanent Residents who earn a monthly salary of at least $1,300 (from 1 July 2019), and receive CPF contributions for at least 3 months.
Local PMEs refer to professionals, managers and executives who are Singaporeans or Permanent Residents, earn a monthly salary of at least $3,600 and receive CPF contributions for at least 3 months.
1 local PME counts as 3 LQS. For example, to meet the requirements of 6 LQS, you can employ 3 LQS and 1 local PME.
To bring your family in, you need to apply for the respective pass types:
| Family member | Pass type |
|
Dependant’s Pass |
|
Long Term Visit Pass |
Documents required for EntrePass
Supporting documents
Prepare 1 CLEAR COPY of the following supporting documents*:
(*Non-English documents must be accompanied by an English translation. The translation can be done by a translation service
provider.)
- Personal particulars page of the applicant’s travel document. If there are any amendments to the particulars (e.g. name or expiry date), please include the pages confirming them.
- Applicant’s educational certificates
- Employment contracts for the applicant’s new and previous employment (if any)
- (If the applicant is not a current Employment Pass holder in Singapore) Employment history stating the company name, occupation, fixed monthly salary (S$), country and period of employment. For more details on the fixed monthly salary, refer to www.mom.gov.sg/fixed-monthly-salary
- Applicant’s latest tax statement
- Applicant’s payslips and bank account statements for the past 3 months
Apply Now
To apply for an EntrePass, you will need to follow the following steps:
(Steps 1 to 4 can be done by the applicant outside of Singapore)
Step 1: Access whether you are eligible for an EntrePass.
Step 2: Check that you have the full set of documents required for the application.
Step 3: Fill up the following forms.
(Form goes here)
Here is a guide on how to fill the forms.
(YouTube video goes here)
If your family members are eligible for relevant passes like dependant passes, you may choose to do the application concurrently. You may also do the application after your application has been approved.
Step 4: Email the completed forms to [email protected] or [email protected] and make payment. Please note that we will only process the EntrePass application after we have received payment.
Once the application is approved (in-principle approval), you can travel to Singapore.
Step 5: Make payment within 6 months of in-principle approval, register fingerprints and photograph and the Employment Pass will be issued to you.
Our Fees
In line with promoting a more transparent fee structure, this is our firm’s fees for our services. Please note that this list is not exhaustive. For services that are not included in this pricelist, please contact us at [email protected]