For senior professionals and founders weighing a move within Asia, the choice between Singapore and Hong Kong comes up in almost every conversation. Both cities compete fiercely for the same talent pool. Both offer low corporate tax rates, excellent infrastructure, and a gateway to Asian markets. Yet they differ sharply on personal tax structure, work [...]
Since September 2023, every new Employment Pass (EP) application in Singapore has been assessed under COMPASS — the Complementarity Assessment Framework. COMPASS is a points-based scoring system that MOM uses alongside its existing salary and qualification checks to evaluate how well a candidate complements Singapore's workforce. If you are applying for an EP, renewing one, [...]
When a foreign professional moves to Singapore on an Employment Pass or EntrePass, the question of what happens to their family is rarely simple. Singapore's Dependant's Pass (DP) is the primary route for spouses and children to join a pass holder — but eligibility conditions, what the pass allows, and how to plan around it [...]
The EntrePass is Singapore's work pass for entrepreneurs who want to start and run an innovative business here. Unlike the Employment Pass, which is issued to employees, the EntrePass is issued to founders — and its eligibility criteria reflect MOM's focus on businesses that contribute innovation, intellectual property, or venture capital activity to Singapore's economy. [...]
When it comes to work passes in Singapore, two options available to foreigners are the Employment Pass (EP) and the Personalised Employment Pass (PEP). Let's explore the key differences between these two passes: Employment Pass (EP): Designed for foreign professionals, managers, and executives earning a minimum of S$5,000 per month, with higher salary requirements for [...]