Singapore Entrepreneur Pass (EntrePass) Scheme

Extraordinarily low taxation; state of the business infrastructure and facilities – including laws and statutes that support business and investment; modern and highly advanced IP services; and rapid and rationalized processes to help the businessmen invest their funds and establish their companies, wonder if you could get all these in a destination, would you be able to avoid temptation of moving to such a location?

I guess, you would find it pretty tough to resist allure of such an offer. Believe it or not, one country – Singapore – is offering such an offer to the interested immigrant business owners right on the platter.

Government of SG is extending an outstandingly low corporate tax rate of 17%, besides allowing the establishments set up by the aliens a huge and significant 100% tax rebates for the first SG $300,000 of the income generated from business. Relocation to this country – with the new business migration scheme – has become quite a smooth, sound and an easy task.

Businessmen looking forward for an efficient way to moving their businesses to SG just need to obtain Singapore Entrepreneur Pass (EntrePass) before starting the process. Once, the approval is received, the arrangement allows 30 days to business owners to establish their commercial organizations.

The Singapore Entrepreneur Pass needs the people to fulfill certain predefined qualification parameters, that include following:

• Experience and background – the applicants need to prove that they have appropriate exposure in managing business and investments; 
• A concrete business plan to evidence the viability of the commercial enterprise being established – this part of qualification criteria is a major aspect that acts as a major factor in deciding the eligibility of the prospective candidate for the EntrePass. The applicants must present a detailed business blueprint that evidences the resolve and validity of the applicants intentions of establishing a commercially viable business enterprise in the country; the business blueprint must prove that the new venture would benefit the domestic economy substantially;
• It is generally suggested that while setting up commercially viable business enterprise, the applicants should opt for private limited entities, rather than going for other forms of business organizations;
• Designated amount of investments in also mandated in this case; the proposed investments should be in multitude of at least SGD 50,000. In case the proposed investment is above SG $ 100, 000, the investors must evidence that that they have support of an angel investment firm or a venture capital firm. Here, it is also highly required for you to evidence that you would not be holding less than 30% in the stocks of the proposed venture; 
• Furthermore, the proposed venture must be intended in an area or domain that features on the list of priority of the Singaporean government – hence it is important to find out the area where you would like to establish a business in this nation state.

The Singapore Entre Pass is a unique investor immigration program that allows the applicants to enter the country and set up their commercial organization; they are allowed a month to establish their firm after obtaining an approval on the application. This SG entry permit has a validity tenure of 12 months – which is off course renewable.

The applicants entering on the Singapore Entrepreneur Permit (EntrePass) are allowed to include their family members in the application for the migration. Once inside the country and after spending a successful residence of 2 years in the country on the basis of this visa, the applicants can go ahead with placement of permanent residence of this nation country.

Singapore Entrepreneur Pass (EntrePass) is a prolific way of migrating to this beautiful nation state.

Interested persons contact us at- anil@abhinav.com , for 100% free assessment by our immigration experts. Or Fill the link form - http://goo.gl/forms/AZOZCsesTm

Source: http://www.articlesbase.com/outsourcing-articles/singapore-entrepreneur-pass-entrepass-scheme-7341499.html