As we all know, self-employed immigration is a more common immigration path Singapore , that is, setting up a company in Singapore and using the company as a carrier to apply for an Advanced Employment Pass (Employment Pass) for yourself. When the main applicant successfully obtains the pass, he can apply for a Dependent Pass for his children and spouse if his salary reaches S$6,000. If he needs to apply for a Long-Term Visit Pass for his parents, the salary You need to reach S$12,000. It can be seen that self-employed immigration can indeed realize the request of one person to apply and the whole family to immigrate to Singapore. Today, the editor will talk to you about what you need to know about self-employed immigration!
1Self-Employed Employment Pass VS Entrepreneurship Pass
I believe you have also heard of entrepreneurial immigration. It seems to be very similar to self-employed immigration, but if you look closely, it is completely different. First of all, the Entrepreneur Pass (EntrePass) was launched by the Singapore government to attract innovative talents and entrepreneurs. This policy has corresponding requirements for applicants. and self-employed immigrants are open to all entrepreneurs who want to expand their business territory and start a business in Singapore. They can apply for EP only after normal operations.
Difference 1: Applicant’s background
The Self-Employment Pass has no hard requirements for the applicant’s background , while the Entrepreneurship Pass must meet the conditions.
Difference 2: The company's main business
Self-employment Pass strictly speaking has no industry restrictions , while the Entrepreneurship Pass needs to meet Singapore's industry needs, such as high-tech, environmental protection and energy-saving industries.
Difference 3: Business planning
Self-employed applicants need to conduct business planning according to their own business development needs, while Entrepreneurship Pass applicants need to provide a detailed business plan in strict accordance with government requirements and meet the requirements.
Difference 4: Capital investment
Self-employed employment pass does not require additional registered capital and has no company share requirements , while the Entrepreneurship Pass requires a registered capital of at least 50,000 and the applicant must own at least 30% of the company's shares.
Difference five: EP extension conditions
The conditions for self-employed immigration extension can easily reach from , while the extension conditions for the Entrepreneurship Pass will be more stringent.
Difference 6: Application for family pass
When self-employed immigrants apply for family members and long-term residence passes for their spouses, children and parents, the fixed salary they need to meet is lower . However, when applying for an Entrepreneur Pass for his family members, he also needs to meet the requirements of employees.
Relatively speaking, self-employed immigration is more suitable for entrepreneurs and entrepreneurs, and the application difficulty is also easy to meet.
2What kind of people are suitable for self-employed immigration?
1. The main applicant must have at least a college degree or above. diploma
2. The main applicant must have relevant work experience and business background
3. Have enough time and energy to expand his or her business territory in Singapore
Considering that you need to apply for a self-employment pass People have the ability to operate the company independently. Therefore, the Singapore government attaches great importance to the business experience of applicants. Entrepreneurs with a business background can choose to immigrate to Singapore through this route.
3Requirements for applying for a self-employment pass
Education requirements: Applicants need to have a college degree or above.
Applicants have relevant work experience for starting a company. Compared with academic qualifications, work experience is more important
Applicants need to own a private limited company that is operating in Singapore. The company must also meet
the following conditions:
Have a fixed The business premises have a lease contract;
company carries out substantive business;
hires local employees;
pays provident fund in strict accordance with Singapore laws.
4 application process
01 company registration: consultants help applicants register companies and assist in creating commercial entities.
02 Pass processing: After 3-6 months of normal operation of the company, the consultant will help the client apply for a self-employment pass and apply for a family pass for his immediate family members.
03 Business management assistance: guides customers in company operations from a professional perspective and assists applicants in maintaining good personal and company records.
04 Pass renewal: helps applicants update their self-employment passes and dependent passes of their immediate family members.
05 Personal tax management: guides applicants to declare personal income tax and maintain good personal tax records.
06 Corporate tax management: helps applicants maintain good company accounting and tax records.
07 Singapore permanent resident application: helps applicants and their immediate family members submit Singapore permanent resident applications.
