Copyright © 2011 www.
rikvin.
com | info@rikvin.
com | +65 6438 8887
WORK VISA
Eligibility and Requirements for Entrepreneur Pass (EntrePass)
Who is it for? Foreigners who do not qualify for the Employment pass but have entrepreneurial
background....
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Copyright © 2011 www.
rikvin.
com | info@rikvin.
com | +65 6438 8887
WORK VISA
Eligibility and Requirements for Entrepreneur Pass (EntrePass)
Who is it for? Foreigners who do not qualify for the Employment pass but have entrepreneurial
background.
Eligibility Criteria • You can incorporate a new company upon your EntrePass approval: or
• Company must not be registered for more than six months at the point of application;
• Applicant to own a min of 30% or more of shareholding in the company;
• Company to have at least $50,000 paid-up-capital;
• Submit a 10-page business plan detailing business goals and objectives.
*
* Business plan must demonstrates the viability in executing the total business
spending (TBS) and hiring of Singaporeans within a one-year period.
Pass Type # of Singaporeans TBS (S$)
P1 8 300,000
P2 4 150,000
Q1 2 100,000
Pass Type & Eligibilty Pass Type Eligibility Criteria
P1
P2
Q1
Fixed monthly salary > $7,000
Fixed monthly salary > $3,500
Fixed monthly salary
Less
