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Details On Singapore Entrepreneur Pass
Singapore always wants to be one of the greatest regional business hub in the world. EntrePass which main purpose is to make foreign individual who is ready to stay and incorporate a business in Singapore. Foreigners are more attracted in putting up a business in Singapore because of EntrePass. ,[link widoczny dla zalogowanych]
Given below are criteria needed for foreign individual who wish to apply for an EntrePass in Singapore A foreign national who is an entrepreneur ready to start a company/business and be actively involved in the operation of the company/business in Singapore.
They allow a foreign national with an existing shareholder in a registered company in Singapore that is interested in participating in the whole operation of the business. The EntrePass allows global value-creating entrepreneurs and innovators to establish and run their business ventures in Singapore.
You don't need to have a Ph. D. from top-notch s[link widoczny dla zalogowanych]l or have millions in the bank to get started. All you need is a good business plan and some investment to cover your start up expenses and support yourself in the early stages.
Needed Ideas about EntrePass
Application of EntrePass should be done first before incorporation of business.
They only allow 10 page long business plan. The details of preparing a good business plan are described in the subsequent sections of this document. Businesses not of entrepreneurial nature for example,[link widoczny dla zalogowanych], coffee shops / food courts, foot reflexology, massage parlours, karaoke lounges, money changing / remitting, newspaper vending, and tuition services etc will not be considered for an EntrePass.
The whole process will be only 2-3 weeks.
An EntrePass that is valid for two years is given by the time your application is approved. You are not allowed to apply for an incorporation of your business not unless you are approved for EntrePass.
By the time your application for EntrePass is approved, you are now allowed to bring your family and live with them.
As long as the business is stable, you can renew the EntrePass. You are now then allowed to apply for permanent residence in Singapore.
Importance of Business Plan for EntrePass Application
The preparation of business plan is the most essential thing in application of EntrePass. Be noted that the business plan should be intact.
In addition to its importance in applying for EntrePass, another important value lies in the process of researching and thinking about your business in a systematic way. Be reminded that planning will be a big help in your business and do make researches to have some great ideas.
A business plan with complete thought will help make the whole business a successful one and you will be having the Entrepass you needed. In setting a goal, one should take note of an analogy of a fleas-in-the-box wherein the flea only jump on the height of the lid,[link widoczny dla zalogowanych], if lid is taken it will jump as high as he could. Thus, in order to attain a higher achievement,[link widoczny dla zalogowanych], goals should be set higher. Ensure yourself that the figures present in your business plan will be easy to achieve. Be realistic and optimistic at the same time. Asiabizservices is the leading Singapore Company Incorporation Services Specialists. It has successfully helped thousands of foreign entrepreneurs incorporate a Singapore company. Our office is located at Raffles Place, in the heart of the Singapore business district. ("CBD") If you're in our neighborhood and want to discuss any aspect of our service then feel free to come in to our offices during business hours. Our phones are answered during business hours by specialists and not by an answering machine. We appreciate the value of your time and understand that a person cannot be replaced by technology. This is especially true when it comes to making important business decisions. If you are interested in learning more about Asiabizservices kindly email us at sales@asiabizservices. com.Topics related articles:
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