How to obtain Entrepreneur Pass ?

Our immigration service is willing to provide you all the relevant information regarding Entrepreneur Pass application approval. After reading the following article, you would gain confidence and that is very important for the success. In your journey, we are always with you and you can give us a call anytime to clarify any uncomprehending matter. 
Foreign entrepreneurs who want to begin a business and wish to settle in Singapore can take advantage of Entrepreneur Pass scheme. Moreover, prior to incorporate the Singapore Company an application regarding Entrepreneur Pass can be forwarded. In addition, you would have to pay incorporate expenses after the result of your application. After the approval of your application, you would have the time of 30 days to inject the required capital of share into the incorporated proposed company.
Furthermore, you can bring your family and children (unmarried and under 21) to Singapore after applying for their Dependent Passes. Obviously, you can avail this facility after the approval of Entrepreneur Pass and now you are eligible for permanent residence in Singapore.

Eligibility criteria for Entrepreneur Pass
You must be above the age of 21 to apply for Entrepreneur Pass. The other eligibility conditions are under:
    At a Singapore government supported incubator, the company should be an incubate
    The company should have a continuous collaboration with an institution, which is recognized by Institute of Higher Learning in Singapore or A*STAR (Agency for Science, Technology, and Research)
    The company should have an IP (Intellectual Property) that is recognized and registered with national IP institution
    From a third party VC (Venture Capital) or angel investor accredited by an agency of Singapore Government, the company is receiving investment or monetary fund minimum $100,000
    Or a well-established Singapore registered company is sponsoring you
    Or you can provide a guarantee of a Banker of $3,000 and on approval of the application that is issued by a Singaporean Bank
    The least paid-up of the company is $50,000
    In any proposed business, you are obtaining at least 30% shares
    Either you are an entrepreneur or you have a similar background
    You have a plan to start a new business in Singapore and you want to settle in Singapore to manage it. However, the nature of the business should be innovative and can generate jobs for local people

Requirements of Documents
According to our expertise, you should have the following documents to fulfil Entrepreneur Pass criteria:
1.    Application form that is completely filled up
2.    You will have to provide documented proof that you have an innovative idea or plan
3.    If the company is incorporated before the application submission the copy of bank statement showing at least $50,000 will be submitted
4.    If your company is incorporated already, a latest business profile copy will be submitted
5.    Your passport’s personal particular page’s copy and a latest passport size photograph
6.    If you have any previous business venture and previous employment its documented evidence
7.    Your educational certificates copies
8.    Other relevant documents that can strengthen your application

We hope, you will find all the above-mentioned information very useful to apply for Entrepreneur Pass. If you have any suggestion or query, you can contact us 24/7.