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Compare Singapore Entrepreneur Pass and Employment Pass

Singapore paves the way for foreigners who are determined to bring in their skills and exceptional qualities even without having a Bachelor’s degree and business minded people who have finally found their niches and are luckily doing well with it.
By means of having their two leading labor visas, Singapore Employment Pass and Singapore Entrepreneur Pass, foreigner visitors and investors may be benefited of Singapore’s business upbringing and employment opportunities.

Singapore EntrePass is intended for individuals who have exceptional entrepreneurial skills as apparent in their business records without completing the tertiary education. Asiabiz, the leading Singapore EntrePass and Employment Pass service provider, states that for as long as these type of people comply all requirements needed by the Ministry of Manpower, they may explore and even expand their businesses in Singapore.

On the other hand, foreign individuals who wish to be employed for high positions in a company in Singapore like executive, managerial and specialist, who earned their Bachelor’s degree and who have gain such knowledge in progression of their business undertakings and/or personal development may submit an application for an Employment pass. Additionally, bearing that name as a degree holder, you will have chances to apply for an Employment Pass should you desire to register your business in Singapore and run its dealings.

Other necessary requirements are the age, positions and responsibility in a company, pertinent work experience, and citizenship for a job applicant. For investors, we have the status of the company, and the paid share capital.

These two passes have validity periods of 1 and 2 years for their first issuance. An Employment pass is renewable as long as the holders continue their employment in a company and that the business or entrepreneurs have demonstrated good performance on areas specified by the Ministry of Manpower. A change of employer requires a nullification or withdrawal of an existing labor pass and should apply for another under the new company.



Source: Maxiarti << Back

Author: Ashley V




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