ENTREPASS
APPLICATION
Overview

Overview on EntrePass

EntrePass is an entrepreneur work visa to support foreign founders to enter and establish innovative start ups in Singapore.
To be Eligible:

01

We welcome foreign founders to explore* business opportunities during your 1st year in Singapore.

*Not necessary to have registered a private limited company in Singapore at the point of application. If registered, the company must be less than 6 months old on the date of application. Validity period of each EntrePass is two years, after the first renewal.

02

Must meet any of the following 7 innovative criteria:

Has raised funding from a Government-recognised VC or business angel
Strong business network and good track record of starting highly scalable businesses
Holds relevant intellectual property
Good track record of investing in and contributing to growth of successful businesses
Extraordinary achievements in key areas of expertise
Is an incubatee at a Government-recognised incubator/accelerator in Singapore
Has research collaboration with an institute of Higher Learning or credible research institute in Singapore

What does the innovative criteria refer to?

Strong business network and good track record of starting highly scalable businesses

Applicants should demonstrate how business networks and track records directly complement/contribute to the applicants' business activities/ growth plans in Singapore.

Good track record of investing in and contributing to growth of successful businesses

Applicants should demonstrate how extraordinary achievements directly complement/contribute to the applicants’ business activities/growth plans in Singapore.

Extraordinary achievements in key areas of expertise

Applicants should share:

  • names of key firms applicant has invested and mentored, support provided to scale them up, as well basic investment statistics of those firms.(e.g. investment stage, funding obtained, valuation)
  • Pipeline of local companies identified for investment.

Enhanced EntrePass Eligibility Criteria

Applicants

Eligible foreign founders of all nationalities who want to set up innovative startups in Singapore

Validity of pass

New pass: 1 year
First Renewal: 1 year
[To be registered with the Accounting and Corporate Regulatory Authority (ACRA) & own at least 30% shareholding] Subsequent Renewals: 2 years and meet eligibility criteria for renewal

Eligibility Criteria

Have started or intend to start a private limited company registered with ACRA;
  • If registered, company must be less than 6 months old on date of application
  • Applicant must own at least 30% shareholdings in the company by the end of the 1st year of the pass AND must meet any of the following 7 innovative criteria:
  • Entrepreneur

    1) Has funding from a government-recognised VC or business angel
    2) Is an incubatee at a government-recognised incubator or accelerator
    3) Has business network and entrepreneurial track record
  • Innovator

    4) Holds intellectual property
    5) Has research collaboration with Institutions of Higher Learning or Research Institutions in Singapore
    6) Has extraordinary achievements in key areas of expertise
  • Investor
    7) Has investment track record

Ineligible Business Types

The following businesses are not eligible for an EntrePass:

The following businesses are not eligible for an EntrePass:

Coffee shops, hawker centres, food courts
Bars, night clubs, karaoke lounges
Foot reflexology, massage parlours
Acupuncture, traditional Chinese medicine, herbal dispensing businesses
Employment agencies
Geomancy business

We would like to attract global deep-tech entrepreneurs, innovators and investors. This includes founders building innovative & disruptive startups.

We would like to attract global deep-tech entrepreneurs, innovators and investors. This includes founders building innovative & disruptive startups.

Process for an EntrePass Applicant (Startup’s founder)

Submit an application
Processing time: Within 8 weeks. The application can be submitted electronically.

STEP 1

Applicant to download and complete the EntrePass Application Form (for online submission) as a softcopy to get the bill reference number.

STEP 2

Applicant to print out the application form and get it signed.

STEP 3

Applicant to pay the application fee of $105 via PayNow.

STEP 4

Applicant to submit your application online with SingPass and include the following:

  • Completed and signed application form.
  • Screenshot of banking page confirming your payment.
  • Supporting documents listed in the application form.

Endorsement by EntrePass Partner

  • As a Startup SG EntrePass Partner, foreign founders that have been endorsed will have their EntrePass applications prioritised by Enterprise Singapore.
  • All criteria for EntrePass remains unchanged.

STEP 1

Startup SG EntrePass Partner identifies high potential global startups of interest for incubation/accelerator programme or investment.

STEP 2

Startup SG EntrePass Partner to provide Endorsement Letter for startup’s founder (applicant) as part of supporting documents for the applicant’s EntrePass application to MOM.

STEP 3

Startup SG EntrePass Partner to send applicant’s details to ESG2.

STEP 4

Applicant will be notified by MOM once EntrePass is approved.