To be eligible for a two-year renewal, the pass holder must fulfil either: (i) Criterion 1 or 2, and (ii) Criterion 3.
(1) Criterion 1 or 2
1. Have earned at least S$240,000 in assessable income based on the latest Notice of Assessment from the Inland Revenue Authority of Singapore (can be made up of salaries and / or business income);
Note: From 1 September 2024, the required assessable income will be raised to S$270,000.
2. Demonstrate total annual business spending of at least S$100,000 and employ at least 1 local PME1 or 3 LQS2.3
(ii) AND Criterion 3
At the time of renewal, be performing at least two of the following roles, at least one of which must be in Category (A):
Category A |
Category B |
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- Founded a company in Singapore, offering a tech-based or tech-enabled product or service.3
- Served a leading role (e.g. CEO, CTO, APAC MD) in a Singapore-based tech company
- Served a leading role in two or more Singapore-based tech companies
- Employed in a technical role leading a team in a Singapore-based company (e.g. senior engineer or senior researcher leading a team in a particular tech field)
- Employed in a technical role leading a team in two or more Singapore-based companies
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- Served on Board of Directors of a Singapore-based company (need not necessarily be tech company)
- Acted as advisor / mentor to a Singapore-based start-up
- Served as professor / lecturer / adjunct professor / adjunct lecture in a Singapore Institute of Higher Learning (IHL)
- Provided training in some form not covered by B2 or B3 above (e.g. workshops, corporate training classes).
- Invested in one or more Singapore-based tech companies
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1 Local PMEs refer to professionals, managers, and executives who are Singaporeans or Singapore Permanent Residents, earn a fixed monthly salary of at least S$3,900 and receive CPF contributions for at least 3 months, as aligned with the definition in the EntrePass renewal criteria.
2 LQS refers to Singaporeans and Singapore Permanent Residents who earn a monthly salary of at least S$1,400 and receive CPF contributions for at least 3 months, as aligned with the definition in the EntrePass renewal criteria.
3 You are eligible as a business owner or founder if your company is registered with ACRA as a private limited company, and you own at least 30% shareholding of the company and can provide proof of ongoing business activity, as aligned with the EntrePass renewal criteria.