Change from Entrepass to Employment Pass

[blackbirdz]

I am currently holding Entrepass and I am wondering if it is possible to change it to Employment Pass.

I am running small IT business and our revenue highly exceeds the total business spending (P1) required by the SG gov. I found that we are good with just 3 people in the company (including me) at this moment. Of course, I can hire additional employee to satisfy the renewal requirement, but that would be a waste.

So I am wondering if it's possible to change my Entrepass to Employment pass. Therefore, I just need to proof salary for renewal.

Anyone can share?

[Strong Eagle]

When did you set up your company under the Entrepass? Old rules or new? The other two people in the company... are they Singapore citizens, PR's or working on what kind of work/employment passes?