Entrepass - Renewal
Renewal of Pass
The EntrePass renewal form will be sent to the employer about three months before the pass expires. Please complete the renewal form and mail it to MOM Work Pass Division at least two months before the pass expires.
Incomplete renewal applications will not be processed. The EntrePass holder may have to submit a new application instead.
Documents required for renewal of Pass
These documents are required for EntrePass renewal application:
- Latest audited accounts;
- Central Provident Fund statements for the employees;
- Highest educational certificates of employees;
- Tenancy agreements; and
- Company registration information from the Accounting and Corporate Regulatory Authority.
The following optional documents can be submitted in support of the renewal application:
- Corporate bank statements for the past three months;
- Referral letters from customers; and
- Recent invoices issued/contracts awarded.
Assessment criteria
To qualify for renewal, the business venture has to be conducted based on the original declared business plans. Renewals will be assessed based on the following criteria:
Ā
| Type of Employment Pass issued |
Criteria for renewal |
Number of years approved |
| P1 |
- Company to employ at least eight full-time local employees*; AND
- Company to demonstrate TBS** of $300,000 over the past 12 months.
|
Two years if Net Asset Value is positive.
One year if Net Asset Value is negative.
|
| P2 |
- Company to employ at least four full-time local employees*; AND
- Company to demonstrate TBS** of $150,000 over the past 12 months.
|
Two years if Net Asset Value is positive.
One year if Net Asset Value is negative.
|
| Q1 |
- Company to employ at least two full-time local employees*; AND
- Company to demonstrate TBS** of $100,000 over the past 12 months.
|
One year. (Approved for one year for 1st renewal only;
companies must upgrade to a āPā by second renewal.) |
* The full-time local employees need to possess at least National Technical Certificate (NTC2), National ITE Certificate (NITEC) or vocational qualifications obtained after at least two years of full-time studies.
** Total Business Spending (TBS) = [Total Operating Expenses ā (Royalties/Franchise Fees/Know How Fees to Overseas Companies + Work Subcontracted to Overseas Companies + Remuneration to Applicant & Immediate Family)]
Note: EntrePass holders who applied for their EntrePass before 28 Sept 2009 will continue to have their EntrePass renewed under the former renewal criteria:
Renewal criteria before 28 September 2009
EntrePass holders who applied for the EntrePass before 28 September 2009, and have not opted to be assessed under the latest EntrePass renewal criteria, will be assessed on the following criteria for renewals:
- First Renewal
- The business is in commercial operations and/or company has secured third party funding; and
- The business venture is conducting business based on the original business plan.
- Subsequent Renewals
- Evidence of turnover/sales activities;
- Employment creation (above and beyond main applicant);
- Corporate taxes paid for at least one of the last three years; and
- The business venture is conducting business based on its original business plan.
All EntrePass holders are encouraged to renew their passes under the latest EntrePass renewal criteria in order to be assessed for upgrade to a higher pass, e.g. from Q1 to P2 EntrePass. To apply, please complete the following form and mail it to the MOM Work Pass Division, Ministry of Manpower, 18 Havelock Road, Singapore 059764:
Request for Transit to New EntrePass Framework Form
Note: Once you have successfully opted to be assessed under the latest EntrePass renewal criteria, you will no longer be eligible for assessment under the old criteria.
EntrePass holders who have not upgraded their passes can only apply for Dependant's Passes for their spouses and unmarried or legally adopted children under 21 years of age. EntrePass holders who have their passes upgraded can also apply for Long Term Visit Passes for their common law spouse, unmarried daughters and handicapped children above 21 years of age, step-children and parents/parents-in-law on top of the Dependant's Passes.
How to renew
The EntrePass holder should:
- Complete the EntrePass Renewal Form
- Submit the completed form by post to:
Work Pass Division
Ministry of Manpower
18 Havelock Road
Singapore 059764
Processing time
It will take at least five weeks to process a renewal application. Processing time might take slightly longer during peak periods or when additional information is required from the various economic agencies. The outcome of the application will be sent to the EntrePass holder.