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Epica FAQ Series

What are the eligibility requirements for Entrepreneur Pass (EntrePass)?

Immigration and Visa

What are the eligibility requirements for Entrepreneur Pass (EntrePass)?

Singapore EntrePass Guide


First of all, you have to be 21 years old, qualified and experienced in your field of practice.

A candidate has to register his business in Singapore as a private limited company with the Accounting and Corporate Regulatory Authority.

You need to relocate to Singapore to run your business, You need to have a company that is either not yet registered or not more than six months old at the time of your EntrePass application.

You as an applicant must hold at least 30% of shares in the proposed business.

There are other eligibility criteria’s are segregated into three categories:

Entrepreneur

  • Your company is getting a minimum of S$100,000 in funding or investment from a venture capitalist (VC) or angel investor fund duly accredited by a Singapore government agency.
  • Your company is incubated by an incubator or accelerator that is recognized Singapore government.
  • You have an established business network and entrepreneurial track record.

Innovator

  • You possess some intellectual property.
  • You have research collaborations with a Singapore-based institute of higher learning or any other credible research institute.
  • You have a record of extraordinary achievements in your key area(s) of expertise.

Investor

  • You have a track record of making and growing solid investments.

Foreigner Package

New Company Setup

S$2,400
S$4,000

Local Package

New Company Setup

S$1,100
S$1,700

Transfer Package

Existing Company

S$1,000
S$1,500

Singapore Branch

New Branch Setup

S$4,000
S$5,000

Representative Office

New Setup

S$2,500
S$3,000

BVI Company

Singapore Bank Account

US$2,200
US$3,000

Accreditations and Partners

  • ACRA
  • ISCA
  • MOM
  • IRAS
  • AWS
  • XERO
  • STRIPE
  • DOCUSIGN
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