You are recommended to apply for Entrepreneur Pass before setting up your company in Singapore and therefore there isn’t a need for Singaporean Resident Director.
What is Entrepreneur Pass Application / Entrepass Application( EP ) / Employment Pass for Entrepreneur or Businessmen?
The Entrepreneur pass / Entrepass in Singapore is required for foreign entrepreneurs who are ready to start a new company / business and will be actively involved in the operation of the company / business in Singapore.
The applicant can either apply for the Entrepreneur Pass before the formation of the new company / business in Singapore or apply for the Entrepreneur Pass within 6 months from the date of formation of the company / business.
Upon approval of the entrepreneur pass application, entrepreneurs will be able to stay in Singapore to manage their business, possessing a valid Employment Pass for Entrepreneurs in Singapore.
The Entrepreneur pass / Entrepass in Singapore is normally valid for a minimum of 1 year (renewable if business is still in operation and viable). With the Entrepreneur pass / Entrepass in Singapore, it also allows Entrepreneur pass / Entrepass’s immediate family (spouse and legitimate children below 21yrs of age) to stay in Singapore during the course of the business.
Entrepreneur Pass application and Employment Pass Application is jointly-approved by the Ministry of Manpower (MOM) and the Standards Productivity and Innovation Board Singapore (SPRING).
Applicants are required to submit their Entrepreneur Pass application to MOM.
SPRING assesses the applications and MOM issues the employment pass.
The success rate and ease of approval for entrepreneur pass application depends on many factors ranging from applicant's experience, investment funds and business uniqueness.
We specialize in drafting a strong business plan according to your specifications. If the business is viable, Entrepreneur pass / Entrepass are also eligible to apply for PR with their DP at a later stage.
Our services include:
Preparation of Entrepreneur Pass application form.
Classification of documents.
Drafting of Business proposals according to clients' specifications.
Documents required for Entrepreneur Pass Application / Entrepass Application( EP ) / Employment Pass for Entrepreneur or Businessmen
1. Resume
2. Education Certificates
3. Passport copy (Details page and VISA pages)
4. Passport Photo (White background)
5. Experience Papers
6. Business Certificates in other countries (if any)
7. Tax Papers of Business in other countries (if any)
8. Invoices of Business in other countries (if any)
9. Business Contracts of Business in other countries (if any)
10. Office Photos of Business in other countries (if any)
11. Company Bank proof of Business in other countries (if any) - letter format preferred
OR
12. Personal Bank Proof (if any) - letter format preferred
