Company Requirements: Your company must be registered as a private limited company with the Accounting and Corporate Regulatory Authority (ACRA).

Business Plan: You need to submit a comprehensive business plan detailing your business goals, strategies, and financial projections.

Innovativeness and Economic Contribution: Your business should demonstrate innovativeness and the potential to contribute to the Singaporean economy.

Minimum Paid-Up Capital: You are required to have a minimum paid-up capital of SGD 50,000.

Shareholding: You must hold at least 30% of the company's shares.

Submit an application: Be ready with your business plan, company registration documents, and other related documents and submit your application at the Ministry of Manpower’s website.

Evaluation: The evaluation criteria will include the feasibility of the business plan you presented and your background among other things.

Approval: If your application is successful, you will receive an In-Principal Approval (IPA) letter, which will enable further processes.

Pass Collection: Return your Entre Pass and complete other procedures ranging from medical check-ups to fingerprinting.