Two paths let foreign founders legally live and work in Singapore while running their own company. Both the EntrePass and the Employment Pass give you the right to operate your Singapore business in person - but they have completely different eligibility criteria, processes, and long-term implications. The right choice depends on where you are in your startup journey. This guide compares them head-to-head so you can make the call with confidence.

Who this guide is for: Foreign founders who have incorporated (or plan to incorporate) a Singapore private limited company and want to relocate to Singapore to run the business in person. It covers both passes in depth, with the updated January 2026 salary thresholds and MOM conditions.

What Is the Employment Pass?

The Employment Pass (EP) is Singapore's primary work visa for professionals, managers, and executives. It is the most widely held work pass in Singapore - used by everyone from MNC executives to founders running their own companies.

Key parameters as of January 2026 (updated by MOM):

ParameterDetailSource
Minimum qualifying salary - most sectorsS$5,600 per monthMOM, Jan 2026
Minimum qualifying salary - financial servicesS$6,200 per monthMOM, Jan 2026
Points frameworkCOMPASS - must score at least 40 out of 100MOM COMPASS framework
Initial validity2 yearsMOM
Renewal validity3 years per renewalMOM
Processing time3-8 weeks (standard cases)MOM
Application feeS$105 (application) + S$225 (issuance)MOM fee schedule
Who appliesThe Singapore employer (your company) applies on your behalfMOM

How a founder uses an EP: Your Singapore Pte Ltd acts as the sponsoring employer. The company submits the EP application through MOM's myMOM portal on your behalf. There is no rule against a founder-director being sponsored by their own company - this arrangement is common and fully permitted. Once the EP is issued, you become the locally resident director of your own company, and any nominee director arrangement you had in place can be wound down.

The EP does not require you to be the company's founder. Any qualifying employee meeting the salary and COMPASS thresholds can hold one. But for founders, the self-sponsored arrangement is the relevant scenario.

What Is the EntrePass?

The EntrePass is MOM's entrepreneur visa - designed specifically for founders who want to start and operate an innovative business in Singapore. Unlike the EP, the EntrePass does not require a minimum salary at the point of application. This makes it accessible to pre-revenue founders who cannot yet draw a market-rate salary from their company.

Core requirements:

What counts as "innovative" under MOM's criteria:

Not every startup qualifies for EntrePass

MOM's "innovative" requirement is a real filter. A generic trading company, consulting firm, or services business without VC backing, IP, or qualifying grants will not qualify. If your startup is pre-VC and has no IP filing, getting the Startup SG Founder grant from Enterprise Singapore is typically the fastest path to meeting the innovation criterion.

EntrePass validity and renewal conditions:

The EntrePass is initially issued for 1 year. It is renewable in 1-year or 2-year increments. Renewal is not automatic - MOM assesses whether the business has met its conditions at each renewal point.

Renewal conditions (from Year 2 onwards):

Side-by-Side Comparison: EP vs EntrePass

FeatureEmployment Pass (EP)EntrePass
Minimum salary at applicationS$5,600/month (most sectors); S$6,200/month (financial services)No minimum salary at application
Eligibility testCOMPASS points framework - must score 40+Company must meet MOM's "innovative" criteria
Who can applyAny qualified professional or executiveFounders of innovative startups only
Company sponsorAny Singapore employer (including your own company)Your own Singapore company - you must be a founder-shareholder
Minimum paid-up capitalNone specified by MOMS$50,000
Processing time3-8 weeks4-8 weeks
Initial validity2 years1 year
Renewal validity3 years per renewal1-2 years per renewal
Renewal conditionsMaintain salary above threshold + continue to pass COMPASSS$100,000 annual revenue, 2 local FTE employees, S$50,000 capital
Dependant's Pass eligibilityYes, if earning above S$6,000/monthYes, subject to MOM approval on a case-by-case basis
Pathway to PRYes - most common route; typically 2-5 years on EPYes - possible but harder; requires stronger business contribution
Application feeS$105 application + S$225 issuanceS$70 application + S$225 issuance
Best forFounders who can pay themselves a qualifying salary from Day 1Pre-revenue founders; early-stage startups with innovation credentials

The COMPASS Framework: How EP Applications Are Scored

COMPASS (Complementarity Assessment Framework) was introduced by MOM in September 2023 and applies to all new EP applications. It scores applicants across multiple criteria - a pass requires at least 40 points out of a possible 100.

COMPASS has five scoring criteria, each contributing up to 20 points:

CriterionWhat is assessedPoints available
SalaryYour salary compared to the median salary of local PMET employees in the same occupation and age group0-20
QualificationsYour degree level and the ranking of the institution that awarded it0-20
DiversityThe nationality concentration of the employer's workforce - higher concentration of one nationality = lower score0-20
Support for local employmentThe ratio of local to foreign PMET employees at the company - higher local proportion = higher score0-20
Strategic economic prioritiesWhether the role is in a sector that Singapore has designated as a strategic priority (e.g. advanced manufacturing, tech, financial services)0-20

A shortfall in one criterion can be offset by strength in another. A very high salary relative to local benchmarks, combined with top-ranked qualifications, can produce a passing score even with a weaker diversity or local employment ratio.

Worked example - founder applying for a self-sponsored EP:

CriterionScenarioPoints (estimated)
SalaryS$8,000/month - well above median for the occupation and age group20
QualificationsMasters degree from a top-ranked university (NUS, NTU, or global top-100)20
DiversitySmall team with moderate nationality concentration10
Support for local employment2 local employees out of 5 total - below benchmark10
Strategic prioritiesTechnology sector - qualifies as strategic priority20
Total80 - EP approved

MOM provides a Self-Assessment Tool (SAT) on the myMOM portal that gives an indicative COMPASS score before you submit a formal application. Use it before committing to the EP route.

Which Visa Is Right for You? A Decision Framework

Use this framework to determine which pass suits your current situation:

Apply for Employment Pass if:
  • You can pay yourself S$5,600+ per month (S$6,200+ for financial services) from Day 1
  • You have a recognised degree and can assemble a reasonable COMPASS score
  • Your startup has already started generating revenue and can support a market-rate salary
  • You want a longer initial validity (2 years vs 1 year) and cleaner renewal conditions
  • You are targeting permanent residence and want the most straightforward pathway
Apply for EntrePass if:
  • You are pre-revenue and cannot yet draw a qualifying salary from the company
  • Your startup has VC backing, a registered patent, or a Startup SG Founder grant - meaning you clearly meet the innovation criteria
  • You are in financial services and the S$6,200/month EP threshold is currently out of reach
  • You are comfortable with stricter annual renewal conditions and a shorter initial validity

Many founders start with the EntrePass (pre-revenue) and switch to an EP when the company starts generating enough to pay a qualifying salary. The transition is clean: your company applies for an EP while the EntrePass is still active, MOM processes the EP, and once issued you cancel the EntrePass. There is no gap in legal status and no requirement to exit Singapore between passes.

Special considerations:

How to Apply for an Employment Pass

The EP application is submitted by your Singapore company (the employer) through MOM's myMOM portal. As a founder, your company applies for you.

  1. Run the Self-Assessment Tool (SAT) - Log into myMOM and use the SAT to get an indicative COMPASS score. This is not binding but gives you a sense of whether the application is likely to succeed before paying fees.
  2. Prepare supporting documents - You will need:
    • Educational certificates (degree transcripts and certificates)
    • Employment history (resume and previous employment records)
    • Offer letter or employment contract from your Singapore company
    • Company documents (ACRA BizFile+ profile, company constitution)
    • Passport copy
  3. Submit via myMOM portal - The company submits the application online. You do not need to be in Singapore during this stage.
  4. Processing - Standard processing is 3-8 weeks. MOM may request additional documents (an In-Principle Approval letter is issued first, followed by the actual EP card after you arrive in Singapore and complete biometrics).
  5. If rejected - MOM provides a reason. You can appeal once within 3 months of the rejection. Common grounds for appeal include submitting additional evidence of qualifications, salary adjustments, or COMPASS-strengthening actions (e.g. hiring a local employee before reapplying).

Fees: S$105 application fee (paid when submitting); S$225 issuance fee (paid after approval).

How to Apply for an EntrePass

Unlike the EP, you apply for the EntrePass yourself (not through your company). The application goes through MOM's myMOM portal as an individual entrepreneur.

  1. Incorporate your Singapore Pte Ltd with a minimum paid-up capital of S$50,000. The company must be incorporated before you apply - MOM will verify the company registration.
  2. Establish your innovation credentials. Obtain one of the following:
    • A letter of funding or support from a VC or incubator on MOM's approved list
    • A certificate of IP registration from IPOS (patent, trademark, or registered design)
    • A grant award letter from Enterprise Singapore's Startup SG Founder programme
    • Recognition letters from qualifying IHLs, EDB, or SG Innovate
  3. Prepare your business plan. MOM requires a business plan covering your market, product or service, competitive landscape, financial projections, and how your startup contributes to Singapore's economy.
  4. Submit via myMOM portal. Required documents include: business plan, proof of innovation (VC letter or IP certificate or grant letter), passport, educational certificates, company incorporation documents, and proof of S$50,000 paid-up capital (typically the company bank statement or share allotment records).
  5. Processing time - 4-8 weeks. MOM may interview applicants whose business plans require clarification.

Fees: S$70 application fee; S$225 issuance fee after approval.

Renewal - what MOM checks at each EntrePass renewal:

ConditionWhen it appliesMOM enforcement (2025-2026)
S$100,000 minimum annual revenueFrom Year 2 onwardsRevenue must be verifiable - MOM checks financial statements and bank records
At least 2 local full-time employees per EntrePass holderFrom Year 2 onwardsEnforcement has increased - employees must be genuine, on CPF payroll, not contractors
S$50,000 paid-up capital maintainedFrom Year 1Standard check against ACRA records

The PR Pathway: Which Visa Leads More Reliably to Permanent Residency?

Both the EP and the EntrePass can lead to Singapore permanent residence (PR) - but the EP provides the more straightforward and well-established pathway.

Employment Pass holders: The EP is by far the most common route to Singapore PR. ICA (Immigration and Checkpoints Authority) typically expects applicants to have held an EP for at least 2-4 years before applying. Assessment is holistic: income level and tax contributions, CPF contributions (employers must contribute CPF for Singapore citizens and PRs; EP holders are not on CPF, but voluntary self-contributions demonstrate integration), family ties to Singapore, community involvement, and length of residence. High-earning EP holders in strategic sectors with clean compliance records typically have the clearest PR pathways.

EntrePass holders: PR is possible but the bar is higher. ICA wants to see a meaningful business contribution - turnover, number of local employees created, IP or investment attracted, and the company's role in the Singapore economy. An EntrePass holder who has built a genuine S$1M+ revenue business with 10+ local employees is a strong PR candidate. An EntrePass holder who barely cleared the renewal minimums will face a harder assessment.

Tips for both routes:

Updated May 2026: Key MOM Changes to Know

MOM updates effective January 2026

MOM increased the qualifying salary threshold for the Employment Pass in January 2026. The general sector threshold rose to S$5,600 per month (up from S$5,000 in the previous period), and the financial services threshold increased to S$6,200 per month. EntrePass renewal conditions remain unchanged, but MOM has stepped up enforcement of the local hiring requirement. Genuine, CPF-contributing full-time employees are required - MOM is disqualifying renewal applications where the "local employees" are part-time, contractor-only, or on payroll in name only. Ensure your local hires are properly on payroll before each renewal date.

Official Sources Referenced

Frequently Asked Questions

Yes. MOM allows a founder-director to hold an Employment Pass sponsored by their own Singapore Pte Ltd. Your company applies for the EP on your behalf through the myMOM portal, exactly as any employer would. You must meet the same eligibility criteria - minimum S$5,600 per month salary (S$6,200 for financial services) and a passing COMPASS score of at least 40 points. There is no rule preventing self-sponsored EPs.

MOM will reject the renewal application. The key conditions from Year 2 onwards are: minimum S$100,000 annual revenue, at least two local full-time employees per EntrePass holder, and S$50,000 maintained paid-up capital. If you cannot meet these, you must either transition to an Employment Pass (if you now qualify on salary), apply for a different work pass, or exit Singapore. MOM has increased enforcement of local hiring conditions in 2025-2026.

Yes, subject to conditions. EntrePass holders who meet MOM's qualifying criteria can apply for a Dependant's Pass for their spouse and children under 21. MOM assesses eligibility on a case-by-case basis, considering business viability and the EntrePass holder's profile. There is no automatic entitlement - the application must be submitted separately after the EntrePass is issued.

Informally, yes. MOM describes the EntrePass as a work pass for entrepreneurs who want to start and operate an innovative business in Singapore. It is Singapore's closest equivalent to what other countries call a startup visa or entrepreneur visa. Unlike most startup visas, it does not require a minimum salary at application - but it does require proof that the business is innovative (VC backing, IP registration, or qualifying grants or awards).

Yes, and this is a common and clean transition. When your company is generating enough revenue to pay you a qualifying salary (at least S$5,600 per month for most sectors), your company applies for an EP on your behalf through the myMOM portal. Once the EP is approved and issued, you cancel the EntrePass. There is no requirement to wait for a renewal cycle - you can apply for the EP at any time while your EntrePass is valid.

As of January 2026, the minimum qualifying salary for an Employment Pass is S$5,600 per month for most sectors. For financial services roles, the threshold is S$6,200 per month. These are the minimum salary thresholds - you must also achieve a passing score of at least 40 points under the COMPASS framework, which evaluates salary relative to local PMET benchmarks, qualifications, workforce diversity, and support for local employment.