Embarking on entrepreneurship in Singapore through immigration pathways involves decisions on registering a company and obtaining the appropriate visa, whether through the EntrePass or the Employment Pass (EP). But which step should come first to minimize risks?
Self-Employed Employment Pass
To apply for a Self-Employed EP, you must fulfill specific personal and company conditions, including:
1.Registering a company in Singapore.
2.Having a local office address.
Hence, registering the company is a prerequisite for applying for the Self-Employed EP.
EntrePass
Unlike the Self-Employed EP, EntrePass allows for a different approach:
1.You can apply for the EntrePass without registering a company first.
2.If applying after registering a company, it must be within six months of incorporation.
Certain industries are ineligible for EntrePass application.
In summary:
For Self-Employed EP, registration of the company precedes the application.
For EntrePass, you have the flexibility to apply for the visa first, then register the company, reducing entrepreneurial risks. However, if the company is already registered, ensure to apply for the visa within six months.
Established in 2011 and officially registered with the Ministry of Manpower, Singapore Skyline Business is your trusted partner for work pass and PR applications. Our experienced team specializes in Employement Pass (EP), S Pass (SP), Work Permit (WP), self-employed EP, EntrePass, and Dependant Pass (DP)/Long-Term Visit Pass (LTVP) applications. For expert assistance, feel free to contact us via WeChat (WeChat ID: sissi-skyline) or WhatsApp us at +65-91328885.