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Renew an EntrePass

If you hold an EntrePass, you can start applying to renew the pass 3 months before it expires. You will need to meet the renewal criteria for total business spending and number of local jobs created.

At a glance

When to renew

You can start applying to renew when you receive the renewal form, about 3 months before the pass expires.

You need to post the completed application and supporting documents to us at least 2 months before the pass expires.

Who can renew Pass holder.
What is the duration of the renewed pass

The duration of the pass is as follows:

  • First renewal: 1 year
  • Subsequent renewals: 2 years
How much it costs
How long it takes Within 8 weeks for most cases.

Renewal criteria

You may be eligible to renew your pass if your company is registered with ACRA as a private limited company, and you:

  • Own at least 30% shareholding of the company.
  • Can provide proof of ongoing business activity.
  • Can provide proof that the business is venture-backed or owns innovative technologies.
  • Have created an individual profile and claimed your company profile on Startup SG Network (SSN)
  • Achieve business spending and create local employment as shown in the table below
Number of years you have held an EntrePass Your total annual business spending must be at least You must employ at least
1
2 $100,000 3 LQS
(full-time employees, formerly known as FTE)

OR

1 local PME
(professional, manager or executive)
4 $200,000 6 LQS

OR

2 local PMEs
6 $300,000 9 LQS

OR

3 local PMEs
8 or more $400,000 12 LQS

OR

4 local PMEs

LQS refer to Singaporeans and Permanent Residents who earn a monthly salary of at least $1,400, and receive CPF contributions for at least 3 months.
Local PMEs refer to professionals, managers and executives who are Singaporeans or Permanent Residents, earn a monthly salary of at least $3,900 and receive CPF contributions for at least 3 months.
1 local PME counts as 3 LQS. For example, to meet the requirements of 6 LQS, you can employ 3 LQS and 1 local PME.

  • You need to inform us if you deviate from your original business plan. You will also need to submit your revised business plan when renewing your pass.
  • Total business spending is calculated by deducting the following from the total operating expenses:
    • Expenses due to purchase of royalties, franchise and technical know-how fees from overseas companies.
    • Expenses due to outsourcing of work overseas.
    • Total remuneration to company’s EntrePass holders.
 

How to renew

You can submit your scanned EntrePass renewal form and the related supporting documents using the online form

Documents required

You need to submit the following documents with your application:

  • Company registration information from ACRA within the last 3 months.
  • Latest audited Profit & Loss and Balance Sheet statements (optional for first EntrePass renewal if not available).
  • Central Provident Fund statements for your employees (optional for first EntrePass renewal if not available).
  • Corporate bank statements for the last 3 months.
  • Travel document page showing your personal particulars.
  • Screenshot of company profile on SSN.
  • Records of contribution to the local startup ecosystem (if any).
  • Documents on company’s business activities (at least 1 of the following):
    • Referral letters from customers.
    • Recent invoices issued.
    • Contracts awarded.
    • Business partnership agreements.
    • Tenancy agreements.
    • Revised business plan (required if the nature of business or business activities have changed since your previous EntrePass application or renewal).

Upon renewal

If your renewal is successful, you:

  1. Will get an In-Principle Approval (IPA) letter. It is valid for 3 months.
  2. Must follow the instructions in the IPA to get the pass issued.

You must get the pass issued before the IPA or current pass expires, whichever occurs first. The duration of the renewed pass will start when the current pass expires.

After the pass is issued

After the pass is issued, check the notification letter to see:

If the notification letter states The existing card
Getting a new card. Must be cut in half and discarded to prevent misuse. 

Continue using the existing card.

Must be kept by you.

Note: If you return it when you don’t need to, you have to pay $60 to replace the pass.

If you’re a tech startup, you can join the Startup SG Network to connect with other startups, investors, and incubators or accelerators. Find out more on Startup SG Network and how to join it.