This guide provides a side-by-side comparison of the two passes so you can explore which pass might better suit your unique circumstances. Please note that this is a general guide only. Singapore manpower authorities review each application based on its own merits. We will be able to advice you further once our services are engaged.
| Singapore Employment Pass (EP) | Singapore Entrepreneur Pass (EntrePass) | |||||||||
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| Who it is for? | Professionals, managerial personnel (managing director, CEO), executives or specialists who wish to work in Singapore can apply for an Employment Pass.
[ Most Popular Choice ] |
The Singapore Entrepreneur Pass, widely known as EntrePass, is suitable for foreign entrepreneurs seeking to set up a business in Singapore | ||||||||
| Eligibility Criteria | To be considered for an Employment Pass, a foreigner must have a fixed monthly salary of at least S$3,000, and possess acceptable degrees, professional qualifications or specialist skills.Singapore Employment Passesare carefully assessed by the Ministry of Manpower by taking into consideration a number of factors such as the applicant’s qualifications, work experience, job profile, economic contribution, employer’s track record and the quality of the applicant to complement and supplement Singapore local workforce.
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Proposed business idea, hiring locals, investment amount, applicant’s relevant background and total business spending.
* Business plan must demonstrate the viability in executing the Total Business Spending (TBS) and hiring of Singaporeans within a one-year period. P1 Pass – 8 local employees; TBS S$300,000 |
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| Pass Type & Eligibility | Eligibility Criteria | |||||||||
| P1: Fixed monthly salary > $8,000P2: Fixed monthly salary > $4,500 Possesses recognized qualifications Q1: Fixed monthly salary > $3,000 |
P1: Fixed monthly salary > $8,000P2: Fixed monthly salary > $4,500
Q1: Fixed monthly salary > $3,000 |
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| Company Paid-up Capital | S$1.00 | S$50,000 | ||||||||
| Required Annual Total Business Spending | None |
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| Minimum Number of Singapore Employees2 | None |
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| MOM Processing Time | 1 day – 8 weeks | 3 weeks – 3 months | ||||||||
| Visa Validity | 1 – 2 years | 1 – 2 years | ||||||||
| Renewal | Renewable as long as you continue to be employed by the company. | Renewal of EntrePass is contingent on achieving goals and objectives outlined in the business plan. | ||||||||
| Dependent Pass | Will be granted for immediate family members | Will be granted for immediate family members | ||||||||
| Permanent Residence (PR) | Eligible to apply for Singapore Permanent Residence after 12 months | Eligible to apply for Singapore Permanent Residence after 12 months | ||||||||
| Status (Upon Approval) | P1: Fixed monthly salary > S$8,000 P2: Fixed monthly salary > S$4,500 Q1: Fixed monthly salary > S$3,000 |
P1: Fixed monthly salary > S$8,000 P2: Fixed monthly salary > S$4,500 Q1: Fixed monthly salary > S$3,000 |
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| When can it be applied? | Employment Pass can be applied anytime after incorporation of the company. | Entrepreneur Pass can be applied either before company incorporation or within six months of the incorporation | ||||||||
| Learn More | Our Fees | Learn More | Our Fees | |||||||||
1TBS stands for Total Business Spending in a one-year period.
2It is the requirement by Ministry of Manpower that the company must employ a minimum number of Singaporean or local workers. Together with TBS, these strategies to meet these requirements are to be accounted in the 10-page business plan when applying for EntrePass. Subsequent renewals of the Singapore EntrePass visa are contingent on meeting these requirements.
