With Singapores desire to become a regional business hub, it plans to attract a good number of entrepreneur minds into the country from overseas. The EntrePass is a type of Singapore Employment Pass that is designed to facilitate the entry and stay of foreign entrepreneurs who are ready to incorporate and launch a business in Singapore. EntrePass was introduced in 2004 and is aimed at attracting foreign entrepreneurs into the country.
Two categories of foreign nationals are eligible for the Singapore Entrepass:
-> A foreign national who is an entrepreneur ready to start a company/business and be actively involved in the operation of the company/business in Singapore.
-> A foreign national who is an existing shareholder/partner in a Singapore registered company/business and who wishes to become actively involved in the operation of the company/business.
The EntrePass allows global value-creating entrepreneurs and innovators to establish and run their business ventures in Singapore.
You don’t need to have a Ph.D. from top-notch school or have millions in the bank to get started. All you need is a good business plan and some investment to...