Singapore EntrePass

Foreign entrepreneurs who wish to establish their company and reside in Singapore have two options to choose from: Entrepass and Employment pass. Each one has its own advantages in terms of ease of approval, processing period and mandatory requirements.
  1. EntrePass
  2. Employment Pass   Read more about Singapore Employment pass

The Entrepass, designed to facilitate the entry and stay of entrepreneurs who are ready to start a new business and who will be actively involved in the operation of the company in Singapore, the EntrePass, with an initial validity period of up to 2 years will be issued upon the submission of a sound business proposal. The EntrePass also allows your immediate family to live in Singapore while you start and grow your business here. With the EntrePass you may leave and re-enter Singapore frequently with ease. It is renewable for as long as the business remains viable.

EntrePass applicants will be assessed on the credibility of their proposed Business Plan, which should include the objective or nature of the business, products or services to be offered; marketing strategies, development plans and milestones, projected sales turnover, intended amount of investment and staffing plan.

Most Entrepreneurs will have no problem getting an EntrePass visa approved, although the approval is dependant on the type of business you intend to set up, how you prepare and present your Business Plan, your current citizenship, the amount of capital investment, local job creation, your past work experience and possibly your education level.

Read more on how to apply for Singapore EntrePass (EP) Visa

Comparison: Singapore Entrepass versus Singapore Employment Pass

Rikvin will submit Biz Plan And application forms to MOM(**No Bankers Guarantee needed as Rikvin will act as local sponsor)
 

Proceed with Incorporation of new

Company and Migration to Singapore
 

No
 

"MOM" - Ministry of Manpower
 

Client
 

Rikvin
 

Action By :-
 

Client to provide

Rikvin with

Biz-Plan Information

and make Payment
 

Rikvin will draft Biz Plan and submit to client for his review
 

No
 

Appeal

to MOM
 

Yes
 

Yes
 

EntrePass Process
 
Sigapore EntrePass Process

Importance of Business Plan for EntrePass Application

Preparing a good Business Plan for your application is one of the most crucial aspects of acquiring an EntrePass Visa. A well thought-out Business Plan markedly improves your chances of getting a Singapore EntrePass.

Success Rate - How you present all the above details will determine the outcome of your EntrePass application!

At Rikvin, we have helped many entrepreneurs secure their EntrePass successfully by writing a good business plan.

EntrePass Processing Time

The process of assessing an EntrePass application should be around 25 days from the date of receipt. It is important that all information and supporting documents requested are submitted correctly to ensure fast approval. An incomplete application will lengthen processing time and may result in rejection.

Validity of EntrePass

If your application is successful, you will normally be issued an EntrePass that is valid for two years. You do not need to incorporate your business in Singapore until the successful outcome of your EntrePass application.

Your EntrePass and dependants passes allow you to bring your immediate family members to Singapore to live with you.

Depending on the pass type issued, the following EntrePass holders will be permitted to apply for the following passes:

EntrePass type
Dependant's Pass
 Long-Term Social Visit Pass
P
Yes
Yes
Q1
Yes
No

Read More on Singapore EntrePass FAQs

Ready to order your Singapore Company Setup and Entrepass?

You can incorporate your Singapore Company and apply for your EntrePass by using our online order form now. Should you need any assistance, please call us at +65 6438 8887 or direct mobile + 65 9850 2083.

Order for Singapore Company Registration Setup + EntrePass Visa

Singapore Office

Our office is located at Raffles Place, in the heart of the Singapore business district.

When contacting Rikvin, you will speak directly to a member of our Business Advisory Team who can assist with company formation and registration. Clients are invited to either visit our office, or call us at +65 6438 8887 to discuss their specific requirements, obligation-free.

Rikvin Consultancy Private Limited

Address: 20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
Main Lines : (65) 6438 8887
Hand Phone : (65) 9850 2083
Fax : (65) 6438 2436
Email: info@rikvin.com