EntrePass

You may apply for an EntrePass if you are ready to start and operate a new business in Singapore. All applicants must fulfill these requirements

• Company must be registered as a Private Limited Company with the Accounting and Corporate Regulatory Authority - Singapore’s national regulator of businesses and public accountants.
• Applicant to hold at least 30% of shares in the company.
• Company to have at least $50,000 paid-up-capital. A bank statement, from the Singapore-based company bank account, of at least $50,000 is required for verification.
• Company must not be registered for more than six months at the point of application.
• The business must not be illegal.
• Examples of businesses that will not be considered for the EntrePass include:
  • Coffee shops, hawker centres, food courts
  • Bars, night clubs, karaoke lounges
  • Foot reflexology, massage parlours
  • Acupuncture, traditional chinese medicine, herbal dispensing
  • Employment agencies, geomancy