Entrepass Approval & Renewal Information in Singapore
MOM will issue the applicant an Approval In Principal letter which include a single journey entry visa for overseas applicant who need to enter to Singapore. Normally, the applicant would enter Singapore to incorporate the Singapore Company and open a bank account to invest the proposed capital injection. After then, the applicant need to submit the details of ACRA bizfile and Bank statement for MOM verification. After 2 weeks of submission, MOM will issue a In Principal Approval for Entrepass for the applicant to apply for the $3,000 banker guarantee and we will make an appointment with Ministry of Manpower on your behalf for finger printing. Upon completing the procedures, your pass will be ready in 4 working days. You may collect the pass at Ministry of Manpower personally or authorize us to collect it on your behalf.
The validity period of an EntrePass varies for: First-time applicants – Up to 1 years EntrePass renewals – Contingent on meeting the requirements of the Total Business Spending and employment of local workers.
Renewals of Entrepass
Renewals of the EntrePass are contingent on meeting the requirements stipulated by Ministry of Manpower in which your business venture must demonstrate in a one-year period that it will meet the employment requirement of a minimum number of Singaporean or local workers; and with a Total Business Spending as how in the table below:
Entrepass Renewal Eligibility Summary
Which stage of business is this at?
Need to seek Professional Help?
You can consider applying for an Employment pass first to improve your chances of getting a Singapore PR.
At Paul Hype Page & Co. we have helped many clients with the application process and successfully helped many families relocate to Singapore.
- Click here To understand more about Singapore Working Visa Guide.
- Click here for More information on matters concerning Migration to Singapore
- Click here find out more about other Incorporation Services we provide.
- Here are our Fees for Visa Application and Company Incorporation Packages Available.
Paul Hype Page & Co. is an ACRA-certified business adviser. Our team of seasoned professional can help you set up a company in Singapore very quickly and easily following all legal entities, and offer you sound advice on how to make it successful too.