Keys to Self Employed EP Applying for Singapore PR
2025-10-22
For some people with management experience and sufficient funds who want to open up their business in Singapore, obtain a pass, and then apply for PR in Singapore, there is no doubt that they need to open a company and apply for EP in their own company. This type of EP is what we often refer to as Self-employed EP.
From this perspective, self-employed EP is EP. However, there are still differences between Self-employed EP and ordinary working-class EP when applying for PR.
The Company Needs to Operate Normally
When applying for PR, for Self-employed EP, ICA not only considers personal and family conditions, but also largely considers the company's business situation.
So after applying for a Self-employed EP, everything is fine, and it is important to maintain the normal operation of the company. Don't have any luck mentality: "ICA just needs to see that I am an EP, they won't investigate my company. ”You should know that Singapore is a very transparent country when it comes to an individual's identity. If you are the director of the company, you can easily see it on ACRA. Remember!
To Hire Local Employees
Companies established by self-employed EP must hire local employees and never rely solely on them.
For a company, the government has always been requesting or encouraging the employment of local employees to solve the employment problem for local people, which is commonly known as Quota. So for foreign companies, of course, they need to make some contributions to the government, that is, whether the company provides job opportunities for local people, whether it helps local employees purchase housing provident fund, whether it pays taxes, etc., will become an important inspection direction in PR review.
Financial Reports
When applying for PR, there is a form about the company's background information, which requires filling in the company's turnover in the past three years. Based on our actual application experience, it is best not to leave this position blank in order to successfully apply. That is to say, as a newly established company, it is best to have one year of data. So generally speaking, for self-employed EP, we would recommend that the company submit a financial report after one year of operation.
Finally, Skyline Business reminds everyone that there are often some so-called shortcuts in the private sector for applying for permits or PR. "I heard from a friend that investing in his company can get an EP," "I heard..." However, there is actually no shortcut. Applying for a pass should be done in accordance with Singapore's regulations and policies. To obtain a Self-employed EP and apply for a PR, one still needs to be truly grounded in entrepreneurship.
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 EntrePass, S Pass (SP), Work Permit (WP), PEP,ONE pass,self-employed EP, 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.
