California. It also informs you if you need to get a medical checkup after you enter Singapore. Articles, testimonials, certificates related to the area of expertise. Provide contact details of the person in IHL or research institute you are collaborating with. What is an EntrePass? All Rights Reserved. Already have a significant history of having invested in businesses. Informs you if you need to register your fingerprints and photo. Other documents that will support your EntrePass application. You have to submit the application for the EntrePass yourself while you are in Singapore with a Short-Term Visit Pass or another type of Pass. Cancel a pass When and how to cancel an EntrePass. Heysara: Work Pass Applications Services in Singapore Note: Please do not hesitate to bring your situation to us in the case of an unsuccessful application. Possibly also photocopies of your passports personal details page. At Rikvin, weve been helping clients incorporate their companies and relocate to Singapore since 1998. How much money are you planning to invest into the business? Total Business Spending (TBS) is the total operation expense as indicated in the audited financial statements, except for: (a) royalties/franchise fees/know how fees to overseas companies; (b) work subcontracted to overseas companies; and (c) remuneration to applicant and immediate family. Having substantial industry networks and business contacts which can help your proposed business. If you are incorporating a Singapore company but don't plan to relocate to Singapore to run your company, you do not require an EntrePass. Use this table to determine which USCIS lockboxyou should send certain employment-based forms based on your reason for filing, eligibility category, and where you live. Comparison of Singapore Employment Pass vs EntrePass This is why it attracts a large number of investors and companies who wish to conduct business in Singapore. You may find these Singapore business guides useful in helping you make your decision: It's easy and quick. Learn About EntrePass: The Singapore Expat Entrepeneur Visa According to the Ministry of Manpower (MOM), the businesses that do not qualify for the EntrePass scheme are: If your company has been incorporated before your application is submitted, you need to supply the following additional document: In addition to the above, these other documents will be useful in solidifying your EntrePass application: All documents submitted for an EntrePass application need to be in English, or translated into English by a certified translation body. EntraPASS is an award-winning Access Control Software delivering powerful features, tailored programming, and seamless equipment integration. Preparing an EntrePass business plan on your behalf, in the requisite format and based on the information that youve provided about your proposed business. How Can A Professional Firm Help Me With My EntrePass Application? At Timcole, we provide expert guidance to assure a smooth execution of your PR application. PDF Arizona Department of Education Nevertheless, it is still possible to apply for an Employment Pass, and this is subject to approval by the authorities. Are you an entrepreneur looking to set up a business in Singapore? The EntrePass scheme in Singapore is open to applicants of all nationalities who have started or intend to start a company registered with the Accounting and Corporate Regulatory Authority (ACRA). You are an entrepreneur, innovator, or investor who wants to start a business in Singapore. Provide profile and acquisition papers of your tech company. We welcome any feedback you might have. How to get an Entrepreneur Pass (EntrePass) in Singapore? To visit the country, first, you need to see if you need a (adsbygoogle = window.adsbygoogle || []).push({}); European Travel Information and Authorization System (ETIAS) Visa. You are eligible for the EntrePass if: You are an entrepreneur, innovator, or investor who wants to start a business in Singapore. Your companys total business spending should be at least S$200,000. 2023 Rikvin Pte Ltd. UEN: 200708442E · All Rights Reserved. As an EntrePass holder, you can get certain family members to join you in Singapore if you meet the requirements for minimum business spending and local jobs created. Timcole Pte. Notify MOM Have a research collaboration with an IHL or research institute in Singapore. Includes how to apply for a pass and check your application . Supporting documents e.g. The translation can be done by a translation service provider. To continue to transact with MOM securely, please follow. You or your company hold intellectual property (IP). Ensuring that all required and supporting documents in your application are included and completed accurately to minimize delays and maximize application approval. If you require a Multiple Journey Visa, you'll pay $30 for each. The owner of the IP must be a shareholder in the company. You will need these documents to apply: Personal particulars page of your passport. If you are looking for a getaway, you might as well visit the incredible country of Guatemala. This robust suite of high performance software allows customers to design and operate any number of electronically locking doors - securely, quickly & efficiently. Proposed investment. Contact information of someone who you have authorized to receive the delivery details of your EntrePass Card via SMS or email. PH pay, COMPASS, Primary Care Plan, myMOM Portal, paying salary, annual leave. The PR application is made through the Professionals/Technical Personnel and Skilled Worker scheme at the Immigration and Checkpoint Authority (ICA). As an EntrePass holder, you can only bring your family in if you meet the requirements for total annual business spending and local employment: To bring your family in, you need to apply for the respective pass types: An EntrePass holder needs to notify the MOM in case of changes which include a change in any of the following: You can find additional details of how to notify these changes and the timeline applicable to these changes on theMOM website. Who is Eligible for an EntrePass? Our EntrePass Application Services include: Pre-application advising on Singapore Entrepreneur Pass and gathering of necessary information Drafting and preparing business plan Preparing documentary requirements and filing of EntrePass application Tracking of EntrePass application status while under processing You can apply for the EntrePass either before your company is incorporated or after the company has been incorporated (within 6 months of incorporation). certificates, articles or testimonials). Eligibility and requirements, which family members you can bring in and the passes available. EntrePass Application Review and refine business plans written by client Collate and consolidate all supporting documents (Excluding translation and notarization fees if necessity) Complete final online Application form for submission Monitor the application process and reply to queries (if any) raises by MOM investment. However, you will need to provide us with the details of your proposed business venture, including evidence that you fulfill one of the innovation criteria. Third Renewal: $300,000 in business spending; 9 FTEs or 3 PMEs. Attn: NFB (Box 21281) Proof of these achievements (media publications, CV, testimonials, certificates, etc.). However this pass, called the Dependant Pass/ LTVP, is not available in year 1. Documents proving you have received funding from a venture capitalist (VC) or business angel recognized by the Singapore government. The first EntrePass is valid for 1+1 years, meaning EntrePass holders must renew their EntrePass after the first year. Suite 400 This facility is. One of the renewal criteria is that the EntrePass holder must follow the original business plan submitted to the Ministry at the time of application. During this time you have to travel to Singapore and request to get your EntrePass issued. [Most Popular Choice] The Singapore Entrepreneur Pass, widely known as EntrePass, is suitable for foreign entrepreneurs seeking to set up a business in Singapore Eligibility Criteria Your companys latest business profile or instant information from Bizfile (if your company is registered with ACRA). Collect the Entrepreneur Pass on behalf of the client, if the client is no longer in SG when the pass is issued. According to the Ministry of Manpower (MOM), the following businesses do not qualify for the EntrePass scheme: 3 months prior to the expiry of the EntrePass, you will receive a renewal form from the MOM. You need to submit documents such as a business plan and your passport page along with the EntrePass application. EntraPASS Access Control Software and KT controllers enable more simplified configuration and robust reporting to enhance the user experience. You need to include additional documents when you submit your application as an entrepreneur, innovator or investor: If you have business network and entrepreneurial track record, and fulfil any of the You can register the company after approval of your EntrePass application. Documents required for an EntrePass application. Singapore Entrepreneur Pass (EntrePass) FAQs | GuideMeSingapore Once the EntrePass is approved and issued, the candidate will have up to 1 year (which is by the next renewal) to incorporate the business. Security managers on the go can perform a host of functions via EntraPass web, including locking/unlocking doors, managing . All Rights Reserved. Once filed, it will take authorities about 8 weeks to review the application and notify you of the outcome. You are using a version of browser which will not be supported after 27 May 2018. The business plan cannot be longer than ten pages and must contain the following information: Depending on which category you fall, you may need to provide any of the following documents on your EntrePass applicationas applicable: If you apply for the EntrePass as an entrepreneur, you may need to provide any of the following documentsas applicable: If you want to invest in a local Singapore company, you must provide the documents that prove it. Any documents that were listed in the IPA and notification letter. When to notify MOM, including updating company details, occupation, passport details, salary and residential address. A 10-page business plan stating your business idea, market analysis, market plan, products or services to be offered, etc. Popular Destinations with Visa Requirements, Application review for a New Passport, Minor Passport, or Replacement Passports, Drop-off for standard (6-8 week) processing by mail, You must appear in person for these services. Is it entrepreneurial in nature? Singapore Entrepreneur Pass: Who Is It For? How Do I Obtain One? Looking for help with your passport application? Show how these networks can contribute to your business growth. Ltd. All Rights Reserved. EntrePass - Ministry of Manpower Online services and forms for EntrePass transactions. Security on the go are intuitive to install and use, reliable, and offer a huge number of convenient features. Singapore EntrePass - Visa Consulate Professional history, such as your role in developing companies and your employment history. investment agreements, signed letters of interest or intent). It takes about 2 weeks to draft the business plan and prepare the Entrepass application for filing. EntrePass Singapore | 3+ Steps Guide of Application On average, it takes eight weeks to process your application. Passport Office: Tempe Main Post Office | Passport Info Thereafter, all subsequent EntrePass renewals will be valid for 2 years. If an EntrePass holders card is stolen, he or she has to file a police report. The business plan must include the following information: The EntrePass application can be made by the applicant or an agency on behalf of the candidate. A passport-sized photograph taken within the last three months, A copy of the passport personal particulars page, Memorandum of Understanding (MOU) or contracts with potential clients for the new business, if any, Brochures, press releases, or any business collaterals from previous or existing business ventures, if any, The applicants professional experience, such as employment history, role in growing business and a track record in business start-ups, The applicants awards and recognition from a national body, credible organisation or recognised media, The applicants special skills or resources, such as intellectual property, technology, networks, and financial, The applicants role in societies and organisations, Supporting documents (e.g. Apply for a pass. No. You have invested in other companies previously and helped in their growth. Includes how to apply for a pass and check your application status. A copy of your companys latest business profile. testimonials or letters of intent from key industry or business contacts, and their contact details). Contact Us You have employed at least 6 local full-time employees and 2 local professional, manager or executive. Address: A coffee shop, food court, or a hawker center. Your role in different organizations or societies. (For businesses registered with ACRA) Companys latest business profile or instant information from. Box 805371 This location also distributes blank passport forms and accepts submissions of completed applications OUR MENU Our Services Singapore Immigration Services Company Registration Services Accounting & Tax Services Australia Australia Resident Return Visa (RRV) Australian Skilled Visa The EntrePass allows eligible foreign entrepreneurs to start and operate a business in Singapore that is venture-backed or possesses innovative technologies. Officially known as the Republic of Nauru, it has a population of 11,200 and a 21 km square area, what makes it the second smallest sovereign Timor-Leste (or East Timor) is the youngest nation in Asia, having gained independence in 2002. licensing agreements, product certifications and endorsements. For those who need our assistance to write a comprehensive Business Plan for submission, Exclude Translation Fees, Notarisation Fees, MOM Fees, Medical Check-up Fees and other out-of-pocket expenses. USCIS You will still need to get approval from the Accounting and Corporate Regulatory Authority ( ACRA) for registering your business. The business plan for EntrePass Family members Rejection of EntrePass application Key information and terms about the EntrePass in Singapore For many, tax is the main reason why many companies choose to incorporate a company in Singapore. Have funding from a government-recognised venture capitalist (VC) or business angel. The profile of the company and its acquisition papers. Explore Singapores startup ecosystem and how it supports talented founders at Startup SG webpage. Depending on your relationship, you can bring them through: The EntrePass is valid for one year initially and can be renewed. For online EntrePass Singapore applications, download the form and complete it as an electronic copy to obtain the billing reference number; Sign the application paper after printing it out; Pay SGD 105 for an application via PayNow or Telegraphic Transfer. The application process for an EntrePass is divided into three parts: The process of submitting the application for an EntrePass is as follows: The EntrePass application processing time is about eight weeks. The EntrePass application will be reviewed by 3 government bodies SPRING Singapore, Infocomm Media Development Authority (IMDA) and the National Research Foundation (NRF). We can help you simplify this lengthy and complex process, and maximize your chances of getting an EntrePass. Show evidence of funding from third party investors such as venture capitalists (VC)s or angel investors (e.g. Attn: NFB Print the notification letter you receive after your request is approved. If so, you may be eligible to apply for a Singapore Entrepreneur Pass (EntrePass). correspondences, Submitting and tracking your application status on your behalf. Review our. Foreign nationals who want to open a business in Singapore will need a Singapore business visa, which is known as an EntrePass. Generally, applicants of all nationalities may apply for an EntrePass. Singapore Company Incorporation with EntrePass - Rikvin Pte Ltd With an Employment Pass, you can apply for Permanent Residence (PR) in due course. MOM may takeup to eight weeks to process the application. USCIS Lockbox Filing Locations Chart For Certain Employment-Based Forms Profile of the companies you have worked in. To qualify for an EntrePass, you need to: Note that not all types of businesses are eligible under the EntrePass scheme. EntrePass appeal applications are usually processed within 8 weeks. Box 21281 If you are eligible, submit the application for a. Candidates personal details, residential address, company address; Company name and financial information and. The visa allows the individual and his/ her immediate family, i.e., his/ her spouse and unmarried children under the age of 21 years, to relocate to Singapore. What Is The Procedure Of Applying For An EntrePass? The EntraPass web platform enhances the user experience by delivering remote and convenient real-time access to manage common security tasks and reports from any computer connected to the internet. We are a licensed employment agency registered with the Ministry of Manpower and offer a full spectrum of work pass services. If available, past employment testimonials in English or resume to elaborate on professional experiences, awards or recognitions. EntraPASS synchronizes with. You can register your company after you have received the EntrePass. Entrepreneur Pass (EntrePass) Immigration Scheme - All You - Bluebox MOM may take, Show documented proof of ongoing business activity as presented in the original business plan, Companys bank statements for the past 3 months, The company must meet the minimum annual total business spending (TBS) and local employee requirements according to the MOM regulations (see table below for more details), Expenses due to purchasing royalties or franchises and technical know-how fees from overseas companies, Payments to companys EntrePass holder(s), Coffee shops, hawker centres and food courts, Traditional Chinese medicine (TCM), acupuncture, and herbal dispensaries. Your companys total business spending should be at least S$100,000. All Rights Reserved. Learn More . No, you are not required to visit Singapore to apply for EntrePass. You have invested and helped in the growth of highly successful companies. Second Renewal: $200,000 in business spending; 6 FTEs or 2 PMEs. The beautiful country will offer you an unforgettable experience. EntraPASS is an award-winning Access Control Software delivering powerful features, tailored programming, and seamless equipment integration. How do I apply for an EntrePass? #19-08 Prudential Tower, You can also visit our website at LOL Corporate to apply for any other passes like Employment Pass, Dependent Pass, EP/DP Renewal and other immigration and work pass related matters. MOM will then take up to eight (8) weeks to process the appeal application. You will need to call in advance to reserve an appointment time. Here, we answer some of the most commonly asked questions about the EntrePass. The EntrePass card will bedelivered within 4 days. 5. USCIS Lockbox Filing Locations Chart For Certain Employment-Based Forms. How Can I Renew, Cancel And/Or Replace The Pass? Submit a 10-page business plan detailing business goals and objectives. ICA will evaluate according to the applicants personal particular, background, length of stay, and also, the financial state of the applicants business. Documentation of your current investments. Feel free to write to us at hello@blueboxglobal.com, Entrepreneur Pass (EntrePass) Immigration Scheme All You Need To Know, How Do I Qualify For An EntrePass? To be eligible for a renewal of an EntrePass, the EntrePass holder must meet the following criteria: According to the MOM, a local full-time employee is defined as a Singapore citizen or permanent resident earning a monthly salary of at least S$1,100 with CPF contributions of at least 3 months. Upon cancellation of the EntrePass, the EntrePass holder must pay any outstanding income taxes and receive tax clearance from the Inland Revenue Authority of Singapore (IRAS). What Can I Do If My EntrePass Application Is Rejected? On the day of your appointment, submit the documents you need (see below). An EntrePass is defined as the type of work visa mainly for serial entrepreneurs, foreign innovators, experienced investors who have an intention to set up innovative businesses that contribute to the Singapore economy. business. To help our customers is our priority! Outline of the research collaboration, showing how it is related to your business plan. To continue to transact with MOM securely, please follow these steps to enable the Transport Layer Security (TLS) of your web browser, or upgrade to the latest version of your browser. Attn: NFB (Box 805371) Carol Stream, IL 60197-4115, USCIS A local professional, manager or executive is defined as a Singapore citizen or permanent resident earning a monthly salary of at least S$3,600 with CPF contributions of at least 3 months. These include: Keep in mindthat this is not an exhaustive list of documents and that the Ministry of Manpower (who is in charge of handling your application) can ask for any additional documents as they see fit. It is strongly advised to hire the professional service of a corporate service provider to review your PR application. Copyright 2023 Bluebox | Powered by Bluebox Theme, All content is produced exclusively in-house through a collaborative effort between our subject matter experts who have an average of 20 years of international experience across the USA, UK, and Southeast Asia, and are qualified Chartered Accountants, Lawyers, MBAs, and CFAs and our marketing communications team. An Employment Pass (EP) is a Singapore work pass issued to foreign professionals, employees, managers, executives and owners of directors of Singapore companies.

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