{"id":69095,"date":"2023-11-05T14:49:11","date_gmt":"2023-11-05T06:49:11","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/?page_id=69095"},"modified":"2023-12-28T16:19:02","modified_gmt":"2023-12-28T08:19:02","slug":"entrepass","status":"publish","type":"page","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/resources\/business-compendium\/entrepass\/","title":{"rendered":"EntrePass"},"content":{"rendered":"<h2>Entrepreneur Pass (EntrePass)<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-68708\" title=\"EntrePass\" src=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-content\/uploads\/2023\/11\/photo-business-compendium-entrepass-400x300-1.jpg\" alt=\"EntrePass\" width=\"400\" height=\"300\" srcset=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-content\/uploads\/2023\/11\/photo-business-compendium-entrepass-400x300-1.jpg 400w, https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-content\/uploads\/2023\/11\/photo-business-compendium-entrepass-400x300-1-300x225.jpg 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><em>Summary:<\/em> Visa that allows foreign individuals to set up a company in Singapore.<\/p>\n<p>The Entrepreneur Pass, or EntrePass, is a business visa for foreign entrepreneurs, innovators, and investors planning to launch or relocate a business in Singapore. A new EntrePass is valid for a year, while subsequent renewals extend for 2 years.<\/p>\n<p>&nbsp;<\/p>\n<h3>Who&#8217;s Eligible for EntrePass?<\/h3>\n<p>Open to all nationalities, candidates who satisfy the following conditions are eligible for an EntrePass:<\/p>\n<ul>\n<li>There&#8217;s an intention to set up, or the applicant has already registered a private limited company with the <strong>Accounting and Corporate Regulatory Authority (ACRA)<\/strong>.<\/li>\n<li>For candidates with a pre-existing company, it shouldn&#8217;t exceed six months old as of the application date.<\/li>\n<li>As for those without a registered business, they can set it up post EntrePass application approval.<\/li>\n<li>Fulfill as many innovation-based criteria either as an entrepreneur, an innovator, or an investor, outlined below:<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<h3>Innovation Criteria for Entrepass<\/h3>\n<p>These are the criteria for attaining the Entrepass:<\/p>\n<h4>Entrepreneur<\/h4>\n<ul>\n<li>Your company has a funding pool of at least $100,000 sourced from a Singapore government-recognised institution. This can be from a governmental investment vehicle, a venture capitalist (VC), or a business angel.<\/li>\n<li>Your venture is incubating within a government-acknowledged incubator or accelerator in Singapore.<\/li>\n<li>You can demonstrate considerable proficiency or professional networks suitable for hatching a scalable and high-potential business in Singapore.<\/li>\n<\/ul>\n<h4>Innovator<\/h4>\n<ul>\n<li>If you or your company holds a registered intellectual property (IP) from a recognised national IP institution.<\/li>\n<li>Your company is actively engaged in research tie-ups with a research establishment under the Agency for Science, Technology, and Research (A*STAR) or an Institute of Higher Learning (IHL) in Singapore.<\/li>\n<li>You possess exceptional domain expertise associated with your proposed business, and your credentials have received international accolades.<\/li>\n<\/ul>\n<h4>Investor<\/h4>\n<p>If you have an investment track record and plan to start an investment-oriented enterprise to nurture budding or existing businesses in Singapore.<\/p>\n<p>&nbsp;<\/p>\n<h3>Who Takes Charge of the Pass Application?<\/h3>\n<p>Candidates can either personally apply for the pass or delegate the task to a professional company capable of handling the paperwork, creating a business plan, and submitting and tracking of the application, as well as appealing in case of initial rejection.<\/p>\n<p>&nbsp;<\/p>\n<h3>Can EntrePass Holders Relocate their Families to Singapore?<\/h3>\n<p>Certainly, EntrePass holders can invite their families to Singapore either on a <strong>Dependant\u2019s Pass (DP)<\/strong> or a <strong>Long-term Visit Pass (LTVP)<\/strong>. However, to qualify for these passes, they must meet certain criteria encompassing total annual business spending and local job creation.<\/p>\n<h4>Dependant Pass<\/h4>\n<p>A Dependant\u2019s Pass is applicable to spouse and children. To get one, EntrePass holders should have a total annual business spending of at least $100,000 and must employ at least 3 local full-time employees or 1 local professional, executive, or manager.<\/p>\n<h4>Long-term Visit Pass<\/h4>\n<p>EntrePass holders can apply for a Long-term Visit Pass for their common-law spouse, unmarried step-children or children with disabilities provided their annual business spending is at least $100,000. additionally, they need to employ at least 3 locals or 1 local professional, executive, or manager. For parents, the annual business spending must amount to a minimum of $200,000 with at least 6 local employees or 2 local professionals, executives, or managers on the payroll.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Entrepreneur Pass (EntrePass) Summary: Visa that allows foreign individuals to set up a company in Singapore. The Entrepreneur Pass, or EntrePass, is a business visa for foreign entrepreneurs, innovators, and investors planning to launch or relocate a business in Singapore. A new EntrePass is valid for a year, while subsequent renewals extend for 2 years.&hellip;<\/p>\n","protected":false},"author":22,"featured_media":68708,"parent":70083,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-69095","page","type-page","status-publish","has-post-thumbnail","description-off"],"_links":{"self":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/pages\/69095","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/users\/22"}],"replies":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/comments?post=69095"}],"version-history":[{"count":0,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/pages\/69095\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/pages\/70083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/media\/68708"}],"wp:attachment":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/media?parent=69095"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/categories?post=69095"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.3ecpa.com.sg\/wp-json\/wp\/v2\/tags?post=69095"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}