Singapore Self-Employed Work Pass (Employment Pass)
Project Advantages
1. Short trial cycle and quick access to EP
2. Less investment, low threshold, no language requirements
3. One person applies and the whole family benefits.
4. Autonomous control, zero business risk.
5. No schedule, no quota limit
6. Maintain visas with investment income and manage the entire low
7. Re-investment after approval, sufficient time for capital preparation
Application Conditions:
Applicant's personal conditions (recommended):
education: bachelor degree or above, with bachelor degree
age: recommended 30 to 55 years old
experience: have certain company operation related experience
monthly salary: at least S $5,500 (about 28000 RMB).
Note: S $5,500 is the minimum salary requirement for EP application stipulated by the Singapore government, but the Singapore government will generally evaluate the salary standard according to the applicant's age, work experience (especially industry background), and we will provide reasonable suggestions according to the applicant's actual conditions and circumstances. EP holders with a monthly salary of more than S $12000 can apply for a long-term LTVP for their parents.
applicant needs to have an operating private limited company in Singapore as a director, which requires:
1. Have a fixed place of business and a long-term lease contract.
2. There is a company bank account and actual real business occurs.
3. Need to employ local employees in Singapore and pay the provident fund normally in accordance with the laws of Singapore
4. Registered capital of the company: above 100000 SGD is recommended
5. The company needs to have a complete business logic.
Application Period:
Singapore company registration: about 2~5 working days
opening CORPASS, EPOL and other accounts: about 3~4 weeks
opening a digital bank account: about 2-3 weeks
Work Permit EP Approved Duration: About 1~2 Weeks
family permit DP: about 1~2 weeks
* The above time limit is for reference only, and the actual occurrence shall prevail.