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Comprehensive guide for the Entrepreneur Pass (EntrePass)

Overview of the Entrepass

If you are a foreign entrepreneurs or business owners planning to setup your business in Singapore, you can consider applying for the Entrepreneur Pass (EntrePass). Read further to learn more about the criteria, application procedure and all other information about how you can secure an Entrepass in Singapore. 

What is an EntrePass in Singapore?

The EntrePass in Singapore, also known as the Singapore Entrepreneur Pass, is a specialised work pass designed for foreign entrepreneurs or business owners who are keen on launching and driving businesses within Singapore. This work pass targets innovators, business owners, and investors who aspire to use Singapore as a strategic base for accessing the ASEAN markets and wider Asian region.

Features of the EntrePass

Eligibility Criteria of Entrepass

To qualify for an EntrePass, applicants must demonstrate a clear, viable business plan that incorporates unique, innovative ideas or technologies, or is supported by a reputable venture capitalist or angel investor. Alternatively, the applicant must meet the other requirements like having research collaboration in Singapore, or have founded or  raised funds before in previous ventures.

The entrepreneur pass is particularly suited to those at the helm of start-ups in sectors such as technology, pharmaceuticals, and biotechnology, where innovation is a strategic focus. 

Infographic illustrating the criteria for obtaining an EntrePass in Singapore, including investment requirements, business plan essentials, and intellectual property regulations.
  • Founder has secure at least 100,000 SGD of investments for his current or previous venture. The raised fund must be raised from a single funding round.

The support by the governmental organisation or known incubator serves as an endorsement of the founder’s track record.

You have succeed in your previous technology venture and sold the business. The business must be venture-backed or owns innovative technologies.

The registered or intended business possesses Intellectual Property (IP) that is officially registered with a recognized national IP institution.

This IP should offer a substantial competitive edge to the business, characterized by its unique qualities that are not readily duplicable.

The business must have existing research collaboration with Singapore Institutions (of Higher Learning) or Research Institutes

Requirements on the research partnership:

  1. Applicant must be involved in the research
  2. Research must be related to the business
  3. The research should be verifiable by a contact person working at the institute
New ENTREPASS SINGAPORE Criteria

Types of businesses that are not eligible to apply for an Entrepass:

Documents required for the submission of an Entrepass

How long does it take to get an Entrepass in Singapore?

It takes 8 weeks to process the application. You can begin to check its status in 3 weeks on EP Online.

 

Once your application is approved, you will receive an in-principle approval (IPA) letter in the mail. You will then have 6 months to come to Singapore to get the Entrepass. You will receive a one-time entry visa to enter Singapore. Be sure to bring all the correct documents with you: the IPA letter, your passport, and, if needed, other documents requested in the letter. It will then take four days for the actual Entrepass card to be mailed to your Singapore address.

What should I do if my Entrepass visa is rejected?

If your application is rejected, don’t panic! You will receive a letter from MOM that will give you the reasons why it was rejected. Oftentimes these issues can be addressed and you can appeal the rejection by providing additional information to strengthen your case. One-Visa consultants can definitely help you with this. We have expert understanding of foreign manpower policies and can advise you on which additional documents you might need.

If you are still unsure about how to reapply, check out on how our Entrepass Service can help you.

Renewal criteria of Entrepass

Dependant's Pass or Long Term Visit Passes for Family Members

To be eligible for dependant passes or Long term visit pass for your family members, you must achieve certain business milestones. See below for details:

Is it a requirement to setup a company for Entrepass application?

You do not need to start business before applying for the Entrepass. But if you do, you will need to demonstrate that you have the track records and the right background experience. All of this information has to be included in your application.

Starting your business in Singapore is a fairly easy process. Follow these steps:

You can be registered within 1-2 days with professional help. See our Singapore company registration guide.

Entrepass vs Employment Pass vs. Tech Pass

EntrepassEmployment Pass (EP)Tech.Pass Singapore
Company RequirementsMust be new company setup < 6 monthsNo requirement for how long the company has been establishedNot Applicable
Business ActivitiesA business plan is enough as proof of businessNeed concrete business activities as proof of ongoing businessDoes not require ongoing business activities or business plan proposal for application
Salary RequirementNo salary requiredNeed to be paid a minimum monthly salary20,000 SGD per month
Main Evaluation CriteriaInnovative business idea and the applicant’s business track records. A 10-page business plan is required. Check out Entrepass Business Plan Guide.Company sponsors business activities and applicant’s credential (education, relevant working experience etc.). Check out our full list of Employment Pass criteria..- You have more than 5 years of experience in a leading role in a tech company with a market value of at least US$500 million or have at least US$30 million funds raised; or

- You have a minimum of five cumulative years of experience in a tech company working in a leading role in the development of a technology with at least 100,000 active users or the product has earned at least an annual revenue of US$100 million. See our full list of Tech.Pass Criteria.
Renewal criteriaNeed to meet certain business milestones for your renewal to be granted.Your company must show proof of business activities for your renewal to be granted.Achieve the required business milestones.
Processing Time8 – 12 weeks3 – 8 weeks10 - 12 weeks
Dependant Pass EligibilityMust achieve the business milestones set by MOM before you can apply for Dependant Passes for your family.Must be making a minimum salary of 6,000 SGD per month before you can apply for Dependant Passes for your family. Check out our full list of Dependant's Pass Criteria.Family members eligible for dependant's passes.
Pass ValidityIssued for 12 months and can be renewed on a 12 month basisIssued for 12 – 24 months and can be renewed for 24 to 36 months.24 months

Permanent Residency Pathway via the Entrepass

As part of the Skilled Migration under the PTS Scheme, Entrepass holders are eligible to apply for Singapore PR after staying for a fixed amount of time in Singapore. We usually recommend a physical of 1 – 3 years depending on the applicant’s background. See below for the benefits of becoming a Singapore PR

If you are interested in applying for Singapore PR, you may read more about our Ultimate Singapore PR Guide .

What are the other types of work passes available in Singapore?

If you don’t qualify for the Entrepass, you still apply for other work passes that can possibly better match your work experience and skill level. See below for details:

Employment PassPersonalised Employment PassTech PassS-PassWork Permit
- The Employment Pass is available to skilled, well-educated professionals who have been offered a job in Singapore.

- Need to be paid a minimum salary.

- It is valid for 2 year and can be renewed for another year; every future renewal lasts 2 years.

- Business Owners and directors are allowed to hold this pass.

See our full list of Employment Pass criteria for details.
- Not allowed to operate your own business

- Must meet minimum salary requirement of S$12,000 - 18,000 per month.

See our full list of PEP criteria.
- Fixed monthly salary of at least S$20,000;
See the list of Tech.Pass criteria.

- Allowed to work for more than one employers and can start own business.
- For medium-skilled foreign technicians in important industries such as pharmaceuticals, electronics, aerospace engineering, electronics, etc.
The employer or employment agent must apply for the applicant.

- Workers must have several years of experience and a either a degree, diploma, or certificate to demonstrate that they received the necessary education for their chosen field.

- Workers must earn a minimum monthly salary of $2,200; those with more experience should earn more according to their experience and skill level.
- The S-Pass lasts for 2 years and can be renewed up to 3 years.

- The S-Pass has quota and levy requirements. The number of S-Pass employees can’t exceed 15% of the company’s service staff or 20% in all other sectors. As for the levy, employers must pay a monthly levy for each S-Pass worker to cover their healthcare costs.

See full list of S-Pass criteria.
- The Work Permit is for foreign semi-skilled workers from selected Asian countries who work in the construction, manufacturing, marine, or process or service sectors (as well as foreign domestic workers, nannies, and performers).

- It is valid for up to 2 years and can be renewed.

- Quota is required for the work permit

See our full list of Work Permit Criteria.

Maximise Your Entrepreneurial Journey in Singapore with Expert Visa Guidance

Navigating the complexities of obtaining an Entrepreneur Visa in Singapore can seem daunting, especially with evolving government regulations aimed at prioritizing local employment. However, the vibrant opportunities awaiting skilled foreign professionals in Singapore are too valuable to pass up.

 

This is where the advantage of professional expertise becomes undeniable. With a decade of specialized experience and a remarkable 90% success rate over more than 10,000 cases, our team is your key to turning potential obstacles into stepping stones. Don’t let regulatory changes hinder your aspirations. Allow our seasoned consultants to seamlessly navigate you through the process, ensuring your path to success is both clear and attainable. Contact One Visa Today for Free Assessment!

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