The Entrepreneur Pass (EntrePass) scheme is designed for foreign serial entrepreneurs, high caliber innovators or experienced investors who wish to start a business and relocate to Singapore. The foreign entrepreneurs those who wish to launch their startup in Singapore and relocate to the country to run it, an EntrePass is needed. The validity of the Pass is up to 2 years.
To be eligible for the EntrePass, the candidate must fulfill the criteria outlined by the Ministry of Manpower in Singapore. A candidate must apply for an EntrePass either before the formation of the company or within a period of 6 months from the date of registration of the company. After 6 months, the entrepreneur should apply for Employment Pass instead.
To qualify for an EntrePass, applicants need to:
In addition to the above, you must also meet the following minimum eligibility criteria under one of the three categories below:
If your company has been incorporated before your application is submitted, you need to supply the following additional document:
A candidate or someone on behalf of the candidate has the authority to apply for the EntrePass. The MOM outlines the following steps for the EntrePass application:
A business plan is part of the required documentation that you need to submit along with your application. The Ministry of Manpower has required that the business plan conform to the following structure. Note that this means if your business plan does not conform to this format, your application may be rejected.
-Profile of applicant
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