Quick answer
Describe actual business activities, customers, delivery, funding and the founder’s responsibilities. Separate existing evidence from forecasts; unsupported revenue or customer figures should not be presented as facts.
Official basis: MOM ↗
What to check
| Item | Check or action |
|---|---|
| 已发生事实 / Existing facts | Contracts, projects and operating records |
| 未来预测 / Forecasts | State assumptions, timing and calculations |
| 创办人岗位 / Founder’s role | Explain ownership of concrete responsibilities |
Official document scope
MOM’s standard Singapore EP checklist includes the passport particulars page, the latest ACRA business profile and applicable qualification verification. Additional records can be requested during assessment, including evidence that the declared salary will be paid.
Practical preparation
A concise account of products or services, customers, business activity and the proposed role can help the company organise its evidence. Label forecasts as forecasts and distinguish them from completed transactions.
Avoid overstating the requirement
A business plan should not be described as a universal mandatory Singapore EP document solely because it is useful for preparation. Follow the application checklist and any case-specific request from MOM.
Official sources
This independent summary by Apex Gateway is based on the official English guidance linked below. Refer to the source for the full requirements and subsequent updates.
Frequently asked question
What should a business plan for a founder’s EP cover?
Describe actual business activities, customers, delivery, funding and the founder’s responsibilities. Separate existing evidence from forecasts; unsupported revenue or customer figures should not be presented as facts.