Answer
The first approval of the Entrepreneur Pass (EntrePass) is valid for 1 year. Applications for renewal should be submitted to the Ministry of Manpower 2-3 months before expiration. The Employment Pass (EP) for self-employment is valid for 1-2 years upon initial approval. Applications for renewal should be submitted 6 months before expiration. The Ministry of Manpower will decide the approval duration based on the company’s revenue and operations.
Yes, it is possible. Generally, applicants with a bachelor’s degree or higher will have faster approval from the Ministry of Manpower. However, applicants with a high school or diploma and rich management experience or professional skills certificates can also earn additional points during the review process.
Company registration takes about 1-2 weeks to complete. The process of opening the EP online application system takes around 1 month. Opening a corporate bank account typically takes 1-2 weeks, and EP approval takes about 2 months.
From preparing the materials to submitting the application and receiving approval, it usually takes about 3 months. If there are rejections, appeals, or additional documentation requests, the entire project cycle may be extended.
PR is approved by the Immigration and Checkpoints Authority (ICA) of Singapore. The approval depends on various factors, including the company’s operations, employee numbers, profitability, tax contributions, as well as the applicant’s salary level, education, and the duration of their stay in Singapore.
After your EP visa is approved, if you wish to apply for Singapore PR, our consultant will provide advice on your company operations. We recommend applying for PR after operating the company for 2 years to increase the success rate of approval.
Yes, it is required. To allow foreigners to register a company locally, the Singapore government requires a local person to be the director to represent the company in important decisions and the signing of documents.
Yes, if the business does not generate income and wages, it will affect future EP renewal applications.