If you are a foreigner working in Singapore or are looking to move to Singapore to work, here is a guide to the personal income taxes that you will need to pay in Singapore. Income taxes in Singapore is calculated on a preceding year basis. The Year of Assessment refers to the income earned in [...]
The Singapore Personalised Employment Pass (PEP) is a special type of employment pass that does not link the PEP holder to any employee. The PEP allows the holder to change employers without the need to re-apply for an entry visa into Singapore. However, the period of unemployment cannot be more than six months. Qualification [...]
Singapore has a very tight labour market when it comes to certain sectors. The Singapore government plays a significant role in determining the types of industries that will drive the Singapore economy and this, in turn, creates jobs in these growing industries. A few of the notable growth sectors are finance, healthcare and technology. The [...]
The simple answer to this is yes! There is the Employment Act which governs employment practices in Singapore. However, there are limitations as to who the Employment Act will apply to. Generally, the relationship between the employer and employee in Singapore is spelt out within the employment contract between the two parties. In Singapore, parties, [...]
The short answer to this question would be yes. However, there are a few qualifiers and you should read further into this article to better understand what they are. There are many who would like to come to Singapore to work. Most would want to find a job in a reputable company and the company [...]
If you are a foreigner and would like to work in Singapore, there are various work passes that are eligible to you. You will need to fulfil certain criteria to be eligible for these passes. Employment Pass or EP Who is this pass for? This pass is available to professionals, managers, executives and specialists. Eligibility [...]
If you are a business owner, you are eligible to apply for a Letter of Consent (LOC) to work. To be eligible, you will need to be one of the following business owners: The sole proprietor of an ACRA-registered business; or A partner of an ACRA-registered business; or A company director with at least 30% shareholding [...]