EntrePass

For foreign entrepreneurs who want to start and operate a new business in Singapore

Eligibility for EntrePass

  • You should have (or going to start) a private limited company registered with the Singapore Accounting and Corporate Regulatory Authority (ACRA).
  • Your company must have at least SGD $50,000 in its Singapore corporate bank account (paid-up capital).
  • You must own at least 30% of the shares in the company.

 

Your company should also meet at least one of these requirements:

  • Receives funding or investment from a venture capitalist (VC) or business angel who is accredited by a Singapore Government agency.
  • Holds an intellectual property (IP) that is registered with an approved national IP institution.
  • Has a research collaboration with a recognised research institution in Singapore.
  • Is an incubatee at a Singapore Government-supported incubator.

 

Passes for Family for EntrePass Holder

You can bring your family to Singapore only after you meet these requirements:

  • You have created the minimum number of local jobs.
  • You have met the minimum amount of total business spending.
  • You have renewed your pass. EntrePass is renewed annually and you cannot bring in dependent on your first application.

 

Documents required for applying EntrePass

  • Your passport.
  • Past employment testimonials.
  • A business plan with the information about business idea, product or service offered, market analysis, operation plan, financial projections and management team.  
  • Company’s latest business profile from ACRA.
  • Your company’s bank statement of at least $50,000 from a Singapore-based corporate bank account.