Where founder applications go wrong.
Income that is hard to read
Director's fees, dividends and drawings that do not add up to a clear personal income across the documents.
A company on paper
Registration without evidence of trading, staff, premises or clients.
Records that lag
Financial statements a year old, or management accounts with no supporting bank evidence.
The founder's story missing
Forms that show a company but not the person's role in it, or why the business belongs in Singapore.
What ICA says it considers.
ICA cites economic contributions among the factors it assesses, together with qualifications, age, family ties and profile, length of residence, and integration and commitment to sinking roots. Its checklist asks self-employed applicants for business registration records and financial records, and ICA may ask for further supporting documents during assessment.
Source: ICA, "Becoming a Permanent Resident" and the PR document checklist. Checked .
The factors that carry founder applications.
Economic contribution
The business's substance and your personal income from it, evidenced by registration, accounts, tax and bank records.
Integration and roots
Local staff, local clients, local premises and your own involvement here.
Evidence quality and timing
Whether the financial picture is current, complete and consistent across ACRA, IRAS, bank and company records.
What we do for founders.
Business evidence matrix
Registration, shareholding, financial statements, tax assessments, bank statements and contracts, mapped to what each proves.
Income reconciliation
One clear personal income figure that every document supports.
Substance evidence
Staff, premises, clients and activity, presented so the business reads as real.
Founder narrative
A cover letter about the person, the business and why both are staying.
Why founders work with us.
Make complex income understandable
We reconcile salary, director's fees, dividends and business records into a financial account the documents support.
Show business substance
Company activity, clients, staff, premises and local contribution are organised around what each record proves.
Connect the founder to the company
The narrative explains your role, the business's place in Singapore and the long-term plan for both.