Management

BUSINESS PLAN SINGAPORE ENTREPASS

The Singapore Entrepreneur Pass, which is also known as the Entre pass , is a work visa granted to foreign entrepreneurs who are interested in setting up their businesses in Singapore. Be sure to bring all the required documents with you. The card will be mailed to you in four business days after registration. You do not need to start business before applying for the Entrepass. You own unique intellectual property that gives you a competitive advantage. The EntrePass also allows your immediate family to live in Singapore while you start and grow your business there. Success Rate – How you present all the above details will determine the outcome of your EntrePass application!

A candidate must register the company if not already registered with ACRA within one month of the receipt of the letter. Immigration Services Our experience team will help you with employment pass, family pass, permanent residence, and other immigration needs – all through a cutting-edge online platform. 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 Business Plan. All of this information has to be included in your application. There are three categories you must fall under to be considered for the Entrepass and each have specific requirements:. For entrepreneurs, investors, and innovators will need to gather the following documents to apply: You can view our cookie policy here.

business plan singapore entrepass

Services Hong Kong Business. When applying for the EntrePass the following documents must be submitted: Learn more about change on the paln entrepass scheme in If you are still unsure about how to reapply, contact us for a Free Assessment on your case. Getting an Entrepreneur visa in Singapore and other work visas has become harder. An EntrePass holder can bring a family member to Singapore only on successful renewal of his or her pass.

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EntrePass Business Plan

You will need to have any non-English documents translated. Once your application is approved, you will receive an in-principle approval IPA letter in the mail. About Us Company Profile. An explanation of your business idea with supporting documents and market analysis.

On approval of the application, the MOM will issue an in-principle approval letter. Oftentimes these issues can be addressed and you can appeal the rejection by providing additional information to strengthen your case. If the company is already registered, the company must not be more than 6 months old on the date of application.

You have to send the application and accompanying documents over the counter at any SingPost branch.

A candidate must apply for an EntrePass either before formation of the company or within a period of 6 months from the date of registration of the company. 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 Business Plan.

Entreepass obtain SPR status you must: In order to submit the best application possible, we strongly recommend that you seek help from us. Sign up Free Eligibility Assessment. It is entrepasx to note that the following businesses are not eligible for an Buisness The basic requirements for an Entrepass are that you need to be 21 years old or older and plan to start, or have already founded, a company.

A Brief Introduction of the EntrePass Business Plan | GuideMeSingapore – by Hawksford

Starting your business in Singapore is a fairly easy process. If an EntrePass card is stolen, lost or damaged, either the pass holder, a company representative or an employment agent can apply for a replacement within a period of 7 days. You have to do this within 30 days of receiving the letter. It lasts 1 year and can be renewed for another year; every future renewal lasts 2 years.

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Each one has its own advantages in terms of ease of approval, processing period and mandatory requirements. But if you do, you will need to demonstrate that you not only have the desire but entrepasx right background experience and proven success as well.

You have an excellent reputation, a successful track record of investing, and a strong to invest in an existing or new company in Singapore. Businesses that are not eligible for the EntrePass.

business plan singapore entrepass

The government regulates the flow of foreign workers into the country to increase job prospects for Singaporeans. Investor The candidate must have a good track record of investing in businesses and want to grow new or existing businesses in Singapore.

EntrePass: Singapore Visa for Entrepreneurs – Guide | StartupDecisions

This implies that an EntrePass holder cannot bring a family member on the first application. Validity of EntrePass If your application is successful, you will normally be issued an EntrePass that is valid for two years.

With effect of 3 rd Augustthe entrepass scheme will be enhanced significantly to attract global foreign talents to contribute dingapore a more vibrant startup and high technology environment in Singapore. An EntrePass holder can apply for renewal of the pass 3 months before its expiry.