English | 中文

Singapore Government

GovernmentCitizen & ResidentsBusinessNon-Residents
CONTACT INFO    FEEDBACK    SITE MAP 
   HOME      ABOUT US     NEWS    EVENTS     NEWSLETTERS    HOW-TO GUIDES     RESOURCE LIBRARY     e-SERVICES    ASK US     A-Z GOVT LINKS
  Managed by

 
HELPDESK   enterpriseone@spring.gov.sg  
Hiring & Training

Contact a Business Consultant  
 
    
Passes For Foreign Entreprenuers

Foreign entrepreneurs can now apply for an EntrePass to start a business in Singapore. The EntrePass is jointly administered by the Ministry of Manpower (MOM) and SPRING Singapore.

Who Can Apply?
What Are The Privileges?
What Levies Do I Need To Pay?
Is There A Quota?
Things To Note
Where To Apply?


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.
back to top

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.
back to top

What Levies Do I Need To Pay?

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

  • There is also no Skills Development Levy .
back to top

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.
back to top

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
back to top

Where To Apply?

back to top
 
 
Last updated on 01 July 2009
Best viewed using IE 5.0+, Netscape 7.0+ or Firefox 1.5+
 
Bookmark this page
 
e-Services
 
   Check The Status Of Work Permit Online  
 
   Update Foreign Worker Addresses Online  
 
MORE >>
 
Ask Us
 
 
   Ask Us about work passes for foreigners or browse through our Frequently Asked Questions (FAQs).
 
GO >>   
 
Resource Library
 
   Sample Employment Contract  
 
MORE >>
 
Case Stories
 
   read case story >>
Reach For The Apex; Be A Pal To Your Workforce
more case stories >>
 
 








  Privacy Statement | Terms of UseCopyright 2006-2009. Government of Singapore