There has to be a contact person from the research institution which can verify the details of the collaboration. If you are late in the renewal application of your pass, you will be subjected to the new criteria. If you are not a shareholder or have less than 30% shares in the company, you cannot apply for the Entrepreneur Pass (EntrePass). Attn: NFB The criteria are as follows: Applicants must demonstrateat least oneof the following: Before applying for an EntrePass, the applicant should prepare the following documents: Note: All documents must be in English, or translated into English by a certified translation body. 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. Singapore EntrePass - Documents & Process, Eligibility, Validity, Renewal 2500 Westfield Drive The quality of your business idea. You will need to provide a shareholder certificate as evidence of the investment by the venture capitalist (VC). Your startup is an incubatee at a Singapore-recognized incubator or accelerator company. Here is a step-by-step guide to the application process: Submit your application Substantial experience as a senior management professional or executive in a large corporation. Apply for an EntrePass to Set Up Your Business in Singapore In addition: The IP must be registered with an approved national IP institution. Secure .gov websites use HTTPS signNow combines ease of use, affordability and security in one online tool, all without forcing extra DDD on you. You may find these Singapore business guides useful in helping you make your decision: It's easy and quick. A copy of your companys latest business profile. The cancellation is immediate and all family passes associated with the EntrePass will also be cancelled. As such, it is not on too many peoples top destinations. Show evidence that you are an incubatee at the organisation or programme. Direct Filing Addresses for Form I-131, Application for Travel Document. Heysara: Work Pass Applications Services in Singapore This means you need to have a SingPass account. Is your previous experience relevant to the proposed business idea? 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 Attn: NFB 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. (To know how, please refer to the next question.). You can refer to the following website for more information. Upon approval of the application, anin-principle approval letter (IPA)will be issued. Eligibility and requirements for an EntrePass, and businesses that are not eligible. The EntrePass application will be reviewed by 3 government bodies SPRING Singapore, Infocomm Media Development Authority (IMDA) and the National Research Foundation (NRF). Do you have substantial funding from a venture capitalist or accredited angel investor? Explanation of how your achievements can benefit the company. A solid Entrepass Singapore business plan is necessary in order to ensure the approval of your Entrepass application. Documentary evidence to prove that you have fulfilled one of the eligibility criteria under the entrepreneur, innovator or investor categories. In addition: The collaboration has to be associated with your business. An EntrePass holder must notify the MOM if there are any changes in: If a entrepreneur card is lost, stolen or damaged, the holder must apply for a replacement within a week. Each EntrePass application will cost you $105; once it goes through, you'll pay $225 for each. 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. At Timcole, we provide expert guidance to assure a smooth execution of your PR application. Eligible family members to apply for a Dependants Pass include: To qualify for the application of Dependants Pass, the EntrePass holder must meet the Year 2 renewal criteria. However, you will have to meet certain renewal criteria, such as: A UK visa is the authorizing document that gives worldwide citizens the right to enter, stay temporarily or live forever in the territory of the UK. Note: Please do not hesitate to bring your situation to us in the case of an unsuccessful application. Looking for U.S. government information and services? A 10-page business plan stating your business idea, market analysis, market plan, products or services to be offered, etc. A copy of relevant educational certificates. An EntrePass holder can apply for renewal of the pass 3 months before its expiry. At Rikvin, weve been helping clients incorporate their companies and relocate to Singapore since 1998. Demonstrate your achievements and track record (e.g. EntrePass 2023: Ultimate Singapore Guide for Success & Approval Tips Guide to Obtaining Singapore Entrepreneur Pass (EntrePass) - Sleek E-Notification: If you want to receive an email and/or a text message that we have accepted your form, complete Form G-1145, E-Notification of Application/Petition Acceptance, and attach it to the first page of your application or petition. Screenshot of the banking page and a copy of the applicant's travel document. How to apply for an Entrepreneur Pass (EntrePass)? - Sleek Launch Image Gallery : EntraPass web - Web Delivered Application. Proof you can contribute in the growth of the business. At the Passport Acceptance Facility in the Tempe main post office in Tempe, Arizona, agents assist applicants for New Passports, Minor Passports, and Replacement of Lost, Stolen or Damaged Passports. Who can apply for the EntrePass? If you have already registered your company before applying, the registration cannot be older than six months. Documents proving you have corresponded with those companies. business. Pay the S$105 processing fee and keep the payment slip. Your companys total business spending should be at least S$200,000. investments agreements, signed letter of Your company is receiving at least S$100,000 in funding or investment from a third-party venture capitalist (VC) or angel investor duly accredited by a Singapore government agency. You are eligible for the EntrePass if: You are an entrepreneur, innovator, or investor who wants to start a business in Singapore. A copy of your companys latest bank statement. EntraPass. P.O. Show how these networks can contribute to your business growth. You are using a version of browser which will not be supported after 27 May 2018. Ensuring that all required and supporting documents in your application are included and completed accurately to minimize delays and maximize application approval. Documents required for an EntrePass application. EntraPASS is an award-winning Access Control Software delivering powerful features, tailored programming, and seamless equipment integration. You have employed at least 3 local full-time employees and 1 local professional, manager or executive. How long does it take to process EntrePass application? A coffee shop, food court, or a hawker center. endorsement patents. The eligibility requirements for the application of EntrePasses have become more stringent. certificates, media publication, P.O. Once the IPA approval letter is issued, you must move to Singapore within 6 months; You are also given 1 month (from the start date of the . Endorsements by reputable individuals/external parties. Replace a pass card How to replace a lost, damaged or stolen EntrePass card. Fourth Renewal: $400,000 in spending; 12 FTEs or 4 PMEs. An EntrePass holder, a representative of a company or an employment agent can cancel the EntrePass. Chicago, IL 60680-5371, USCIS Having gotten recognition for your business/entrepreneurial/professional achievements by a renowned media publication or national body. Analysis of your business ideas and personal profile, Prepare a comprehensive business plan based on our proven and successful template that will fulfill MOMs requirements. Includes how to apply for a pass and check your application status. It is strongly advised to hire the professional service of a corporate service provider to review your PR application. To continue to transact with MOM securely, please follow. How Can A Professional Firm Help Me With My EntrePass Application? Singapore Entrepreneur Pass: Who Is It For? How Do I Obtain One? Your appointment and notification letter. Submit your application online; The application takes about 8 weeks to process; If the application is successful, an In-Principle Approval (IPA) letter will be issued to you. Notify MOM Brochures, press releases, or any business collaterals from previous or existing business ventures. The Singapore Entrepreneur Pass (EntrePass): Your - Belaws Here, we answer some of the most commonly asked questions about the EntrePass. 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. 2023 Rikvin Pte Ltd. UEN: 200708442E · All Rights Reserved. DES's P-EBT hotline (1 -844 841 3802) may be utilized to determine the status of a P-EBT benefit. How do I apply for an EntrePass? Your company is involved in an existing research collaboration with an institution which operates within Singapores Agency for Science, Technology and Research (A*STAR). testimonials or letters of intent from key industry or business contacts, and their contact details). The translation can be done by a translation service provider. Documents proving your company is/was an incubatee at an incubator or accelerator recognized by the government. Does it have the potential to grow big? Attn: NFB (Box 4115) The physician will need to sign a form that will be attached to the approval letter. EntraPASS WEB and EntraPASS GO give you security on the go. 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. Explore Singapores startup ecosystem and how it supports talented founders at Startup SG webpage. EntrePass: Singapore Entrepreneur Visa, Business Visa - Immigration World Have been or are being incubated by an internationally renowned incubator or accelerator. EntraPass go puts you in control of your security. EntrePass holders must cancel their EntrePass if they cease business operation. The IP must be difficult to replicate and bring a competitive advantage to your business. Foreign entrepreneurs who wish to relocate to Singapore must be aware that the EntrePass Singapore business plan is a crucial document. You have a proven investments track record (e.g. Eligible family members to apply for a Long Term Visit Pass include: In order to be eligible for the pass applications, the EntrePass holder must meet a minimum annual business spending and local hiring requirements as seen below: Yes! No, you are not required to visit Singapore to apply for EntrePass. Please do note that the medical report must be in English. Avisa is usually either a stamp you receive in your passport or With less than 200 annual visitors, Nauru is worlds least visited country. 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. Step 1: Step 2: Step 3: Step 4: Step 5: Page 3 of 8 You need to submit documents such as a business plan and yourpassport page along with the EntrePass application. Unless you have the necessary time and experience, it is advisable to engage the services of a professional firm to assist you with the application. Find out more about the criteria, process and other information that you need to know about applying for an EntrePass. If your company is more than 6 months old, you can only apply for the Employment Pass. You have a history of having established successful startup companies in the past and significant business experience. 5. Show that your company is an incubatee at a government-recognised incubator or accelerator, or is involved in the Accreditation@SGD programme. entrepass application make to design entreats application form? PH pay, COMPASS, Primary Care Plan, myMOM Portal, paying salary, annual leave. Who is Eligible for an EntrePass? The software integrates advanced security features such as EntraPass Go mobile APP and EntraPass Web platform that deliver remote and convenient access to . Profile of the companies you have worked in. Box 805371 Suite 400 We're happy to help find the right Access Control Solution for you. Any relevant supporting documents, like product certification/endorsement, licensing, etc. We are a professional services firm with extensive experience in immigration pass services. Who is Eligible for an EntrePass? Your company is innovative and will offer employment opportunities for the locals. An estimate of the potential monetary value these contacts could provide. MOM may takeup to eight weeks to process the application. You must make an appointment at EPSC and bring the following documents: You will receive your EntrePass Card within four working days of registering and submitting your documents. Any relevant awards and recognitions you have won. If you do not, a company representative or Employment Agency can apply on your behalf. The EntrePass application can be made by the applicant or an agency on behalf of the candidate. Entrepass Application - Fill Out and Sign Printable PDF Template | signNow Timcole, a professional firm with vast experience in work-pass services, can assist in investigating why your EntrePass application is rejected. It is advisable to wait for at least six months to meet one of the assessing criteria requiring a submission of a minimum six months payslip and preferably an IRAS tax assessment. Entrepreneur Pass (EntrePass) is a high qualified work pass for entrepreneur who desire to start innovative companies that add to Singapore's economy. You have invested and helped in the growth of highly successful companies. - Eligibility Criteria. Eligibility and requirements, which family members you can bring in and the passes available. If you require a Multiple Journey Visa, you'll pay $30 for each. Carol Stream, IL 60197-4115, USCIS If available, past employment testimonials in English or resume to elaborate on professional experiences, awards or recognitions. You can register your company after you have received the EntrePass. You will learn a number of the EntrePass components, including its eligibility requirements and approval criteria, application process, and timeline. Box 4115 During this time you have to travel to Singapore and request to get your EntrePass issued. Be prepared to invest a considerable amount of money. Memorandums of understanding with potential customers and/or suppliers. To keep pace with the fast-changing world, subscribe to Bluebox Insights, our coverage of the vital challenges confronting Small and Medium enterprises, globally. Share sensitive information only on official, secure websites. Provide overview of research collaboration and demonstrate how it is related to the proposed business. 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 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. This will be indicated in your approval letter. Documents stating what company/ies you are interested in investing in and their framework. Second Renewal: $200,000 in business spending; 6 FTEs or 2 PMEs. Informs you if you need to register your fingerprints and photo. It can determine the outcome of the Entrepass application and it can also open the gateway . Elgin, IL 60124-7836, USCIS The Singapore EntrePass (short for Entrepreneur Pass) is one of the many different work permits and passes that Singapore offers to foreigners. Cancel a pass When and how to cancel an EntrePass. Your companys total business spending should be at least S$300,000. following: If you are willing to invest a substantial amount of money in a local company, you will need to provide: You must also fulfill any of the following: For non-English documents, you must submit a copy of the original document and an English translation. Feel free to contact usif you have any queries or need our services regarding the same. For step-by-step instructions, a detailed checklist, Want to plan your visit for your lunch hour? How to replace a lost, damaged or stolen EntrePass card. Once filed, it will take authorities about 8 weeks to review the application and notify you of the outcome. This facility is. To know about the newly introduced Tech.Pass (2020), you can read our blog Tech.Pass (2021) All You Need To Know. Make the request through EP Online and submit any documents requested (see below). If the company is not yet incorporated, the MOM may accept contractual agreements and may request for other documents to verify the commitment. ROC. It is open to all nationalities and is usually valid for 2 years with the possibility to renew. Contact Us Employment Pass (EP) vs EntrePass - Sleek However, please note that you will need to ensure that you apply for renewal on time. Your role in different organizations or societies. You are willing to invest a substantial amount of money in a local company. Thus, the comprehensive business plan should demonstrate the applicants professional business experience, outlines its goals and objectives, and a detailed plan and strategies in meeting the requirements set by MOM. EntraPASS Access Control Software and KT controllers enable more simplified configuration and robust reporting to enhance the user experience. Door Controllers, Biometric Readers, Proximity Readers, CCTV Video Cameras, and a large selection of Security Turnstiles to complete your Access Control System. 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. Access Security Software | Entrapass.com Investing in and driving the growth of highly-scalable businesses. Explain how your achievements or track record would contribute to your business growth. If an EntrePass card is stolen, lost or damaged, either the pass holder, a company representative or an employment agent can apply for a replacement within a period of 7 days. Documents proving you have received funding from a venture capitalist (VC) or business angel recognized by the Singapore government. Outline of the research collaboration, showing how it is related to your business plan. To help our customers is our priority! Singapore EntrePass Application Service | Rikvin The first time you renew, the new EntrePass is valid for another year. Documentation to demonstrate your level of engagement with these companies (e.g. With an Employment Pass, you can apply for Permanent Residence (PR) in due course. The Dependants Pass, which is available to: The Long Term Visa Pass (LTVP), which is available to: A child over 21 who has a physical or mental handicap which makes them dependent on you. Official websites use .gov Secure your EntrePass with us. 2501 S. State Hwy. However, once your EntrePass is approved, you will need to visit Singapore to collect your EntrePass. certificates, articles or testimonials). The government of the United Arab Emirates has implemented a new immigration opportunity for wealthy or highly skilled foreigners: The UAE Long-Term Residence Visa. P.O. Proof of these achievements (media publications, CV, testimonials, certificates, etc.). Entrepass applicants can apply for a dependent pass or a long-term Pass to bring their close family members and dependents along but for 2 years at a time only. EntraPASS is an award-winning Access Control Software delivering powerful features, tailored programming, and seamless equipment integration. Call us at +659882 2773 or contact us now for a free consultation. You are using a version of browser which will not be supported after 27 May 2018. When your Singapore work visa or permanent residence application is approved, authorities may require you to undergo a medical test. You can apply for Entrepreneur Pass Visa via Singapore's Ministry of Manpower (MOM) before incorporating a Singapore company. investment. Documentary evidence of your previous employment(s) and/or business venture(s). It is a privately operated website portal for informational purposes only. What products and services you will offer. Here, we answer some of the most commonly asked questions about the EntrePass. The first renewal will be a one year extension with subsequent renewals being valid for 2 years. 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.
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