Singapore Entrepreneur Pass

[kinghiy]

As per recent changes to Singapore's Entrepreneur Pass, what are the eligibility requirements to apply for this Pass in Singapore?

[susanjain]

As per the latest policy changes announced by the Singapore government, the following basic requirements and guidelines apply to the EntrePass:

1. You should have an entrepreneurial background.
2. The proposed business idea must be of entrepreneurial in nature and able to create local employment opportunities.
3. You must be planning to relocate to Singapore to operate your Singapore company.
4. It must be a new company or it must not have been registered for more than six months when you submit your Entrepreneur Pass application.
5. The proposed business must be registered only as a Singapore private limited company and not as a sole proprietorship or partnership.
6. The applicant must have at least 30% shareholding in the company.
7. The company must have a minimum paid-up capital of SGD 50,000.