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FAQ > Entrepreneur
Pass
Entrepreneur
Pass (EntrePass) - FAQs
Q. What is Entrepreneur Pass?
A. The Entrepreneur Pass is a
type of Employment
Pass for foreign entrepreneurs who would like to start businesses in
Singapore. The Pass is for a foreign entrepreneur who is ready to start a new company
and will be actively involved in the operation of the company in
Singapore.
Q. We have more than one owner/director for the company.
Can all of them apply for Entrepreneur Pass / Employment Pass?
A. There is no limit on the number of applications. Each
application is reviewed and processed based on its own merits.
Q. Will I automatically get an Entrepreneur Pass if I start a
Singapore company?
A. No. Entrepreneur Pass application is subject to review and
approval by government authorities.
Q. Can you recommend a business that I should start in
Singapore so I can get an
Entrepreneur Pass?
A. Unfortunately, we can't invent a business for you for
the purpose of applying for Entrepreneur
Pass. We can only help entrepreneurs who are serious
about starting a specific business in Singapore. You must know the
basics of
- what business you want to start
- how you plan to fund it
- what your startup costs will be
- what kind of revenue you are expecting
Q. Can you help me with preparing a business plan for
the Entrepreneur Pass?
A. Yes, we can assist you with preparing the
business plan. We will require some basic information from you such
as listed above and we will use this information to prepare a
business plan for you.
Q. For how long is the
Entrepreneur Pass issued?
A. EntrePass is normally issued for 1-2 years initially and
renewable after that based on the viability of your business.
Q. Is the renewal of the
Entrepreneur Pass automatic?
A. The EntrePass is renewable as long as your business
remains viable. The decision is made by authorities.
Q. How long does the
Entrepreneur Pass application approval
process take?
A. After the Entrepreneur Pass
application has been submitted to
government authorities, it can take between 3-6 weeks to receive the
outcome notification.
Q. Can an appeal be filed if the
Entrepreneur Pass application
is rejected?
A. Yes, we will automatically file an appeal if the application
is rejected.
Q. What are my chances of getting an
Entrepreneur Pass approved?
A. Your chances of getting an
Entrepreneur Pass approved depend
mainly on the following factors:
- The credibility of your business idea and the business plan
- Your prior background
- The amount of investment you are making into the business
- How Singapore will benefit from your business
Q. Can you guarantee that my
Entrepreneur Pass will be approved?
A. No, your Entrepreneur Pass
is approved/rejected by government
authorities based on factors such as listed above and we don't make
any false promises. However, we do have excellent track record and
our goal is to maximize your chances of success.
Q. Can I apply for Permanent Residence after obtaining my
Entrepreneur Pass?
A. Yes, you are eligible to apply for permanent residence
in due course. Each case is reviewed on its own merits.
Q. Will I be able to bring my family with me to
Singapore?
A. Yes, your immediate family can relocate with you on
dependent passes.
Q. What are your fees and how do I get started?
A.
You can review our
Entrepreneur Pass Packages and let us know which package is best
suited to your needs.
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