{"id":109391,"date":"2022-07-22T15:40:00","date_gmt":"2022-07-22T07:40:00","guid":{"rendered":"https:\/\/premiatnc.com\/sg\/?p=109391"},"modified":"2024-02-05T10:46:56","modified_gmt":"2024-02-05T02:46:56","slug":"entrepass-singapore-what-you-need-to-know","status":"publish","type":"post","link":"https:\/\/premiatnc.com\/sg\/blog\/entrepass-singapore-what-you-need-to-know\/","title":{"rendered":"EntrePass Singapore: What You Need to Know"},"content":{"rendered":"\n<div class=\"wp-block-columns is-layout-flex wp-container-core-columns-is-layout-28f84493 wp-block-columns-is-layout-flex\">\n<div class=\"wp-block-column is-layout-flow wp-block-column-is-layout-flow\" style=\"flex-basis:100%\">\n<figure class=\"wp-block-image size-full\"><img fetchpriority=\"high\" decoding=\"async\" width=\"800\" height=\"600\" src=\"https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2022\/07\/EntrePass-Singapore-What-You-Need-to-Know.jpg\" alt=\"EntrePass Singapore: What You Need to Know\" class=\"wp-image-88754\" srcset=\"https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2022\/07\/EntrePass-Singapore-What-You-Need-to-Know.jpg 800w, https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2022\/07\/EntrePass-Singapore-What-You-Need-to-Know-300x225.jpg 300w, https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2022\/07\/EntrePass-Singapore-What-You-Need-to-Know-768x576.jpg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/api.whatsapp.com\/send\/?phone=85256281754&amp;text&amp;app_absent=0\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1024\" height=\"148\" src=\"https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2023\/03\/BTN-4-1-1-1024x148.png\" alt=\"\" class=\"wp-image-103420\" srcset=\"https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2023\/03\/BTN-4-1-1-1024x148.png 1024w, https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2023\/03\/BTN-4-1-1-300x43.png 300w, https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2023\/03\/BTN-4-1-1-768x111.png 768w, https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2023\/03\/BTN-4-1-1-1536x222.png 1536w, https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2023\/03\/BTN-4-1-1.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p>Entrepreneurs, businesses, and investors looking to <a href=\"https:\/\/premiatnc.com\/sg\/service\/company-incorporation\/\" target=\"_blank\" rel=\"noreferrer noopener\">do business in Singapore<\/a> can benefit from knowing more about the entrepreneur pass or EntrePass Singapore visa. The good news is its availability to anyone, irrespective of nationality, provided the business concern is not explicitly stated as ineligible. Of course, just like all visas, some conditions must be met:<\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"font-size:15px\">\n<li>The applicant must have launched, or plan to launch, <a href=\"https:\/\/premiatnc.com\/sg\/service\/singapore-visa-service\/\" target=\"_blank\" rel=\"noreferrer noopener\">an ACRA-registered private limited business<\/a> that is supported or owns ground-breaking technologies. For registered companies, the application date must be within the first six months following its registration. In contrast, unregistered firms may work on their registration after knowing the result of their <a href=\"https:\/\/premiatnc.com\/sg\/service\/singapore-visa-service\/\" target=\"_blank\" rel=\"noreferrer noopener\">EntrePass application<\/a>.<\/li>\n\n\n\n<li>At least one of the innovative criteria below must be met:<\/li>\n<\/ul>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"#footer-form\" style=\"background-color:#f04e23\">Schedule Your Free Visa\/Work Permit Consultation!<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p><strong>1. Entrepreneur:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"font-size:15px\">\n<li>Has at least SGD 100,000 financing from a business angel or government-accredited venture capitalist;<\/li>\n\n\n\n<li>Exists as a government accelerator\u2019s incubatee; or,<\/li>\n\n\n\n<li>Has an entrepreneurial performance history and business network.<\/li>\n<\/ul>\n\n\n\n<p><strong>2. Innovator: <\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"font-size:15px\">\n<li>Possesses an IP or intellectual property and duly listed by an approved nationwide IP institution;<\/li>\n\n\n\n<li>Has a continuing research partnership with an institution doing research under <a href=\"https:\/\/www.a-star.edu.sg\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Singapore\u2019s Agency for Science, Technology, and Research<\/a> or A*STAR; or,<\/li>\n\n\n\n<li>Holds a premium domain or technical expertise within an area linked to the proposed business.<\/li>\n\n\n\n<li>Investor<\/li>\n<\/ul>\n\n\n\n<p><strong>3. Investor<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"font-size:15px\">\n<li>Maintains an investment record of performance.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-entrepass-singapore\" style=\"font-size:25px\">EntrePass Singapore<\/h2>\n\n\n\n<p>This visa allows eligible overseas entrepreneurs to <a href=\"https:\/\/premiatnc.com\/sg\/service\/company-incorporation\/\" target=\"_blank\" rel=\"noreferrer noopener\">set up and run a company in Singapore<\/a> that is venture-backed or holds innovative technologies. It is a visa scheme designed for transcontinental serial entrepreneurs, high-caliber innovators, or skilled investors wishing to do business and move to the city-state.<\/p>\n\n\n\n<p>In a nutshell, this segment of Singapore\u2019s program entices talent into the country to further develop the city-state\u2019s regional commercial hub. Anyone can apply for this visa directly upon meeting the eligibility benchmarks. It requires no minimum salary declaration from the applicant.<\/p>\n\n\n\n<p>The validity period of the new pass, as well as its first renewal, is one year. Starting from the second renewal onwards, its validity period is two years, subject to meeting the renewal criteria. Other features of <a href=\"https:\/\/premiatnc.com\/sg\/service\/singapore-visa-service\/\" target=\"_blank\" rel=\"noreferrer noopener\">EntrePass<\/a> are family passes and no foreign worker tax or quota. This visa is supported by the <a href=\"https:\/\/www.mom.gov.sg\/legislation\/employment-of-foreign-manpower-act\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Employment of Foreign Manpower Act<\/a> and <a href=\"https:\/\/www.mom.gov.sg\/passes-and-permits\/work-permit-for-foreign-worker\/sector-specific-rules\/work-permit-conditions\" target=\"_blank\" rel=\"noreferrer noopener\">Conditi<\/a><a href=\"https:\/\/www.mom.gov.sg\/passes-and-permits\/work-permit-for-foreign-worker\/sector-specific-rules\/work-permit-conditions\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">o<\/a><a href=\"https:\/\/www.mom.gov.sg\/passes-and-permits\/work-permit-for-foreign-worker\/sector-specific-rules\/work-permit-conditions\" target=\"_blank\" rel=\"noreferrer noopener\">ns of Work Pass.<\/a><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-application-process\" style=\"font-size:25px\">Application Process<\/h2>\n\n\n\n<p><a href=\"https:\/\/premiatnc.com\/sg\/service\/singapore-visa-service\/\" target=\"_blank\" rel=\"noreferrer noopener\">Applications for this visa<\/a> are accepted online. Its processing timeframe is around two months. Bear in mind that starting February 1, 2022, applicants must be wholly inoculated against COVID-19 before going through the application as follows:<\/p>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"#footer-form\" style=\"background-color:#f04e23\">Explore Our Visa\/Work Permit Solutions!<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-step-1-submit-the-application\">Step 1: Submit the application<\/h3>\n\n\n\n<ul class=\"wp-block-list\" style=\"font-size:15px\">\n<li>For online EntrePass Singapore applications, download the form and complete it as an electronic copy to obtain the billing reference number;<\/li>\n\n\n\n<li>Sign the application paper after printing it out;<\/li>\n\n\n\n<li>Pay SGD 105 for an application via PayNow or Telegraphic Transfer. To pay using PayNow, the applicant must possess a <a href=\"https:\/\/premiatnc.com\/sg\/service\/corporate-bank-account-opening\/\" target=\"_blank\" rel=\"noreferrer noopener\">Singapore internet bank account<\/a>. On the other hand, if payment is through Telegraphic Transfer, then the applicant must settle the bill in SGD, besides informing the bank of consent to pay all imposed bank charges by the bank and the government agency\u2019s bank representing the transfer; and,<\/li>\n\n\n\n<li>Submit the completed and duly signed application form online using Singpass, including a screenshot of the banking page proving payment and supporting documents as itemized in the application form.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-step-2-enter-singapore\">Step 2: Enter Singapore<\/h3>\n\n\n\n<h3 class=\"wp-block-heading has-medium-font-size\" id=\"h-step-3-get-the-issued-visa\">Step 3: Get the issued visa<\/h3>\n\n\n\n<p>If required, register the latest photo and fingerprints before receiving the visa card.<\/p>\n\n\n\n<p><a href=\"https:\/\/premiatnc.com\/sg\/service\/singapore-visa-service\/\" target=\"_blank\" rel=\"noreferrer noopener\">Getting an EntrePass in Singapore<\/a> does not guarantee business registration and license approval. Approval from ACRA is still needed to <a href=\"https:\/\/premiatnc.com\/sg\/service\/company-incorporation\/\" target=\"_blank\" rel=\"noreferrer noopener\">register a business in Singapore<\/a>. On top of that, a separate application for any license may still be required to open the business.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-document-requirement\" style=\"font-size:25px\">Document Requirement<\/h2>\n\n\n\n<p>For non-English papers, the applicant must present an English translation, carried out by a professional translation service provider, with a photocopy of the genuine document. In addition, the applicant need to submit the following:<\/p>\n\n\n\n<ul class=\"wp-block-list\" style=\"font-size:15px\">\n<li>Personal particulars page of passport;<\/li>\n\n\n\n<li>If on hand, past employment recommendations in English, if not, a resume that elaborates on professional awards, experiences, or recognitions;<\/li>\n\n\n\n<li>Applying <a href=\"https:\/\/premiatnc.com\/sg\/service\/company-incorporation\/\" target=\"_blank\" rel=\"noreferrer noopener\">ACRA-registered businesses<\/a> must submit Bizfile instant information or their latest business profile;<\/li>\n\n\n\n<li>An English business plan not exceeding ten pages that consists of the business\u2019s service and product offered, operation plan, market analysis, management team profile, and supporting documents, such as endorsement patents, product certificates, and licensing agreements; and,<\/li>\n\n\n\n<li>Other documents that support the application as required based on the category. For example, entrepreneurs with financing from a business angel or government-accredited venture capitalist will need to present an investment agreement or shareholder certificate as funding proof.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-premia-tnc-can-help\" style=\"font-size:25px\">How PREMIA TNC Can Help<\/h2>\n\n\n\n<p>At this point, one can see that the eligibility conditions for the EntrePass Singapore application are stringent. Therefore, unless the applicant has ample experience and time, the best option is to <a href=\"https:\/\/premiatnc.com\/sg\/service\/singapore-visa-service\/\" target=\"_blank\" rel=\"noreferrer noopener\">employ a professional company offering services related to the application<\/a>.<\/p>\n\n\n\n<p>This is where we step into the picture. For decades, <a href=\"https:\/\/premiatnc.com\/sg\/about-us\/\" target=\"_blank\" rel=\"noreferrer noopener\">PREMIA TNC<\/a> has made its name by helping clients set up their companies in Singapore. Our experienced line-up of consultants consistently provide appropriate guidance to prevent clients from experiencing unnecessary drawbacks and frustration.<\/p>\n\n\n\n<p>In addition, we follow up on transactions with every government authority throughout the entire course of action to ensure proper compliance.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-how-premia-tnc-can-help\" style=\"font-size:25px\">FAQs<\/h2>\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\t\t<div class=\"wp-faq-schema-wrap wp-faq-schema-accordion\">\n\t\t\t\t\t\t<div class=\"wp-faq-schema-items\">\n\t\t\t\t\t\t\t\t\t<h3>What businesses are not eligible for the EntrePass Singapore scheme?<\/h3>\n\t\t\t\t\t<div class=\"\">\n\t\t\t\t\t\t<p>Ineligible businesses for EntrePass are:<\/p>\n<p>\u2022 coffee shops,<br \/>\n\u2022 food courts,<br \/>\n\u2022 karaoke lounges,<br \/>\n\u2022 bars,<br \/>\n\u2022 nightclubs,<br \/>\n\u2022 traditional Chinese medicine firms,<br \/>\n\u2022 acupuncture practices,<br \/>\n\u2022 herbal stores,<br \/>\n\u2022 foot reflexology and geomancy services,<br \/>\n\u2022 massage parlors, and<br \/>\n\u2022 employment agencies.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<h3>What makes the EntrePass processing different from other visas?<\/h3>\n\t\t\t\t\t<div class=\"\">\n\t\t\t\t\t\t<p>Each EntrePass application is reviewed by the Ministry of Manpower (MOM) as well as a relevant government-linked body, depending on the innovative criteria of the application.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<h3>When is EntrePass subject to cancellation?<\/h3>\n\t\t\t\t\t<div class=\"\">\n\t\t\t\t\t\t<p>The visa must be canceled within a week from the business closure date. It is also best to cut the card in half before disposal after cancellation to prevent mishandling. Note that Singapore permanent residents do not have to cancel their pass because it is automatically canceled.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<h3>When is the best time to renew an EntrePass?<\/h3>\n\t\t\t\t\t<div class=\"\">\n\t\t\t\t\t\t<p>It is highly recommended to start applying for a visa renewal three months before its expiry date. Just ensure the renewal benchmarks are met, and these include factors like the total business spending and number of created local jobs.<\/p>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\n\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button aligncenter\"><a class=\"wp-block-button__link has-background wp-element-button\" href=\"https:\/\/premiatnc.channel.io\/home?utm_source=seo&amp;utm_medium=channel.io&amp;utm_campaign=premiatnc\" style=\"background-color:#f04e23\" target=\"_blank\" rel=\"noreferrer noopener\">Experience Stress-Free Visa Processing!<\/a><\/div>\n<\/div>\n\n\n\n<div style=\"height:20px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/api.whatsapp.com\/send\/?phone=85256281754&amp;text&amp;app_absent=0\" target=\"_blank\" rel=\"noreferrer noopener\"><img decoding=\"async\" width=\"1024\" height=\"148\" src=\"https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2023\/05\/BTN-4-1-1024x148.png\" alt=\"\" class=\"wp-image-103366\" srcset=\"https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2023\/05\/BTN-4-1-1024x148.png 1024w, https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2023\/05\/BTN-4-1-300x43.png 300w, https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2023\/05\/BTN-4-1-768x111.png 768w, https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2023\/05\/BTN-4-1-1536x222.png 1536w, https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2023\/05\/BTN-4-1.png 1920w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p><span class=\"span-reading-time rt-reading-time\" style=\"display: block;\"><span class=\"rt-label rt-prefix\"><\/span> <span class=\"rt-time\"> 4<\/span> <span class=\"rt-label rt-postfix\">minutes<\/span><\/span>Entrepreneurs, businesses, and investors looking to do business in Singapore can benefit from knowing more about the entrepreneur pass or EntrePass Singapore visa. The good news is its availability to anyone, irrespective of nationality, provided the business concern is not explicitly stated as ineligible. Of course, just like all visas, some conditions must be met:<\/p>\n","protected":false},"author":2,"featured_media":88754,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[94,138],"tags":[],"class_list":["post-109391","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-visa"],"featured_image_src":"https:\/\/premiatnc.com\/sg\/wp-content\/uploads\/2022\/07\/EntrePass-Singapore-What-You-Need-to-Know.jpg","author_info":{"display_name":"premiatnc","author_link":"https:\/\/premiatnc.com\/sg\/author\/premiatnc\/"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EntrePass Singapore | 3+ Steps Guide of Application<\/title>\n<meta name=\"description\" content=\"EntrePass Singapore is a special sponsored employment pass that brings together a foreign entrepreneur, his business and job creation in Singapore. If you want to find out more about EntrePass Singapore, this post will help you. Contact us and get a FREE consulting today!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/premiatnc.com\/sg\/blog\/entrepass-singapore-what-you-need-to-know\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EntrePass Singapore | 3+ Steps Guide of Application\" \/>\n<meta property=\"og:description\" content=\"EntrePass Singapore is a special sponsored employment pass that brings together a foreign entrepreneur, his business and job creation in Singapore. If you want to find out more about EntrePass Singapore, this post will help you. 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