CALL +65 6221 4733 
  • incorporate company question

Entrepass Approval & Renewal Information in Singapore

Entrepass Approval & Renewal Information in Singapore

Entrepreneur Pass (Entrepass) Approval

MOM will issue the applicant an  Approval  In Principal letter which includes 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 that, the applicant will 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 the Entrepass holder to apply for the $3,000 banker guarantee, and we will make an appointment with Ministry of Manpower on your behalf for fingerprinting. Upon completing the procedure, your pass will be ready in 4 working days. You may collect the pass at Ministry of Manpower personally or authorize us to collect your Entrepass on your behalf.

 

EntrePass Validity

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

You must meet the renewal criteria if you want to renew the pass that you currently have before it expires. 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

Entrepass Approval & Renewal Information in Singapore

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.

You may also be interested to find out more about Business Opportunities in Singapore and Corporate Tax in Singapore.


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.

 

1 comment

[…] citizen, Singapore permanent resident or someone who possesses relevant work permits such as the Entrepass. This rule basically means that anyone who meets those requirements would be eligible to be […]

Comments are closed.