Singapore is one of the business-friendly countries in the world, according to the World Bank, which is why the small territory attracts a rising number of foreign investors every year. The Government also assists enterprisers by granting them various facilities, from tax-related ones to investment ones.
In 2004, the Singapore Government enabled the Entrepreneur Pass (EntrePass) program destined to foreign enterprisers who want open a company in Singapore and relocate here.
Foreign citizens aged 21 or more are invited to apply for the Singapore EntrePass provided that they meet certain requirements imposed by the Government. One may apply under the following conditions:
Also, if the individual has registered their business, the company must be no more than 6 months old at the time of the application for the Singapore entrepreneur visa.
Apart from the requisites for the investor, the company to be incorporated or the already registered one is also subject to several requirements. These are:
The company must also fulfill at least or the following criteria:
Our Singapore company formation agents can assist you with the incorporation of the company.
The applicant filing for the Singapore EntrePass must submit the following documents:
For complete information about the application for the entrepreneur permit, do not hesitate to contact our Singapore company registration consultants.