Timing, cost and general conditions
The holder applies three months before expiry. First renewal lasts up to one year and later renewals up to two. Most cases take eight weeks, with S$225 issuance and an applicable S$30 visa fee. Maintain at least 30% ownership, a personal SSN profile and a claimed company profile. The private limited company must be ACRA-registered, venture-backed or innovative, demonstrate ongoing activity/progress and submit current financial statements. Enterprise Singapore may engage or audit holders.
Complete cycle table
Meet the corresponding annual TBS and LWF when applying. The first cycle has no numerical TBS/LWF threshold but all other conditions remain. The PME basic salary is S$3,900 for cycles 1–5 and S$4,700 for 6–11. Cycle is determined by EntrePass issuance, or incorporation if the original pass expired; ask Enterprise Singapore if unclear. Criteria may be periodically revised.
| Cycle | Annual TBS | LWF | PME basic monthly salary |
|---|---|---|---|
| 1 | — | — | S$3,900 |
| 2 | S$100,000 | 1 | S$3,900 |
| 3 | S$200,000 | 2 | S$3,900 |
| 4 | S$300,000 | 3 | S$3,900 |
| 5 | S$400,000 | 4 | S$3,900 |
| 6 | S$700,000 | 5 | S$4,700 |
| 7 | S$750,000 | 6 | S$4,700 |
| 8 | S$800,000 | 7 | S$4,700 |
| 9 | S$900,000 | 8 | S$4,700 |
| 10 | S$1,000,000 | 9 | S$4,700 |
| 11 | S$1,150,000 | 10 | S$4,700 |
Business-spending calculation
Deduct overseas-company royalty, franchise and technical-know-how purchases, outsourcing overseas and total remuneration to EntrePass holders from operating expenses. Cost of goods sold, services and sales, personal expenses and residential-property rent are not operating expenses for this test. TBS is not simply turnover or all payments from a company bank account.
Local-workforce formula
LWF = number of PMEs + number of LQS employees / 3. Use at most 12 LQS employees. Count direct-payroll employees with CPF contributions for at least three months. PMEs must be Singapore citizens or PRs meeting the table’s basic salary; LQS employees satisfy Local Qualifying Salary guidelines. Meet LWF at submission, not merely plan future hires.
Financial and employment evidence
Provide ACRA registration information issued within three months, latest-year financial statements and the previous three months of corporate bank statements. Financial statements are audited unless the ACRA small-company audit exemption applies; when unavailable or on appeal, an adjusted 12-month statement may be required. Supply employee CPF statements, optional at first renewal if unavailable.
Activity and other evidence
Provide at least one of customer referrals, recent invoices, awarded contracts, business partnerships or tenancy agreements. If activities changed, a revised plan is required. Add startup-ecosystem contribution records if any, travel document particulars and an SSN company-profile screenshot. Complete the electronic renewal form and submit it with support through the official online form.
Renewal issuance and card
The IPA lasts three months. Issue before the earlier of IPA or current-pass expiry, with the renewed period starting at current expiry. Follow notification instructions to keep the existing card or cut it if replaced; unnecessary return leads to S$65.40 GST-inclusive replacement. Set up SGWorkPass and consider SSN networking if relevant.
Official source
Written independently from official MOM source material.