Who Can Apply?

• A foreigner who would like to come to Singapore to:

• start a new company or business and
• plans to be actively involved in the operations in Singapore.

• The new company or business must:

• be entrepreneurial in nature - it cannot be a run-of-the-mill business such as starting a coffee shop, hawker stall, massage parlour, karaoke lounge and tuition services; and

• be legal - it cannot involve any illegal activities such as gambling, prostitution and drug trafficking.

• When applying for the EntrePass, the applicant must not have registered his/her business with the Accounting and Corporate Regulatory Authority (ACRA) for more than six months.

What Are The Privileges?

• The EntrePass is a type of Employment Pass.

• EntrePass holders can apply for Dependant's Passes for their spouses and children (under the age of 21).

• Dependant's Passes must be sponsored by a well-established Singapore-registered company or else be backed by a Banker's Guarantee of S$3,000 for each applicant.

What Levies Do I Need To Pay?

• There is no Foreign Worker Levy for Employment Pass holders.
  
  
• There is also no Skills Development Levy .

Is There A Quota?

• Quotas are not applicable to EntrePasses. They are especially for foreigners to set up businesses in Singapore.

• If a group of foreigners intend to incorporate a company together in Singapore, they can all apply for EntrePasses provided all the conditions and criteria are met.

Things To Note

• All EntrePass applications need to be submitted to MOM. Your application will be jointly evaluated by MOM and SPRING Singapore.

• You need to submit a business plan (1-10 pages) when applying for the EntrePass.

• Getting the EntrePass does not guarantee that the applicant will:

• automatically get approval from ACRA when registering his/her business

• automatically get all the licences and permits needed to start or operate his/her business