To qualify, you need a relevant degree, diploma, or specialized technical certificate. The renewal application can be filed online via MyMOM Portal. While there is no true answer to this, we recommend you to ask our expert immigration team that covers both services before you decide. Application for an Employment Pass is open to all nationalities. EP holders can be directors and shareholders within the company sponsoring their employment pass. This is to allow foreign professionals to assess the employment market in Singapore and seek job opportunities. Eligibility, which family members you can bring in and the passes available. For spouses and children of eligible Employment Pass or S Pass holders. Related: How long does it take to process an Employment Pass (EP)? It will take roughly 15 minutes. Depending on your occupation, salary, and more, you may be required to get a Work Permit, S Pass, or an Employment Pass. A renewed Employment Pass can be granted for up to 3 years, though this may be as little as 1 year. At the time of writing, a job that pays at least SGD $3,000 worth of monthly salary is also required. The aim is not only to bring in foreign companies but to encourage them to set up a permanent base in Singapore with local hires.. Heres how you can benefit. Long-Term Visit Pass - Ministry of Manpower All Your Questions Answered, Sign up to our newsletter for more insights, This applies to younger workers. For more information on common reasons for EP rejections, read our article. All foreigners who intend to work in Singapore must have a valid pass (commonly known as a work visa) before they start work. Your notification letter will also prompt you to register your fingerprints and have your photographs taken at MOM. As an expat working in Singapore, your employer will need to help you apply for your pass or permit. Professionals Apply through Employment Pass Online or manual application with an application form from MOM via Singpost. Once obtained, your EP is valid for 2 years and can be renewed for 3 years. Step 1: Getting written consent from the respective employee You will need your employee to give their written consent to renew before you can start filling out the renewal application. Skip to content Speak to an advisor: +65 6929 8273 SG Australia Hong Kong (ENG) Hong Kong () Singapore United Kingdom Menu SG Australia WP Online can track applications and often process them within 1 working day. The last drawn salary should be no more than six months from the date of application. Basically, Singaporean workers take priority in filling local job vacancies over foreign workers. For foreign professionals, managers and executives. 5 ways businesses can benefit from Singapore's new work pass - Sleek The Overseas Network & Expertise (ONE) Pass is Singapore's latest new work passes to attract global talent. If youre ready to break into the Singaporean market with world-class immigration support on your side, lets talk. Singapore to launch new work pass for top talent in all sectors from Overseas Networks & Expertise Pass - Ministry of Manpower This means they are the owners and director thats managing the company. This includes being an employee of your own company, or engaging in entrepreneurial activities. Medical insurance is required for all WP and S Pass holders in Singapore. An employer or appointed employment agent needs to apply on behalf of the candidate. Apply for the EP. Standard occupations for filling out the manual Employment Pass application form. After that, you can submit applications to MOM online. You may be expected to wait longer during peak seasons or when contributions from third parties are required. Yes, Employment Pass (EP) holders in Singapore are required to make CPF (Central Provident Fund) contributions if they are Singapore citizens or Permanent Residents (PRs) and earn more than a certain amount per month. Subscribe to receive our latest posts and events on global employment and remote working straight to your inbox. Yes, Employment Pass (EP) holders are allowed to buy a car in Singapore. Even with clear guidelines on the eligibility criteria listed by MOM online, the process to apply and receive an Employment Pass is often nuanced, as each application is reviewed and assessed based on certain merits and on an individual basis. You'll need official documents from the Singaporean government to stay and work. Subscribe to our newsletter to receive the inside scoop on global employment as well as access to pre-register for upcoming events. Employer submits EP application to MOM, 3. This pass is what allows people in such positions to work without facing any issues. . Once all the paperwork is completed, your Employment Pass card will be delivered to your doorstep in about five business days. However, if you havent received your Employment Pass (EP) application outcome or simply want to check the status, you can check the application status online via the MOM EP status check portal. Liaise with a dedicated specialist when you engage us for Singapore immigration, recruitment and work visa services! On the one hand, the S Pass and Employment Pass are meant to allow companies to employ global talent in Singapore. Like any other country, gaining entry into the Singapore corporate industry requires your employees to have these particular documents: If your employees are not eligible for the Singapore Employment Pass work visa, there is no need to worry. A position in a niche role or industry helps too. Applicants need not cancel their current passes to apply for a new application. Past and/or future employment contracts as is relevant. Since January 1, 2021, these percentage quotas have dropped from 13% to 10% in the Service Sector. With this visa, applicants can travel outside Singapore without reapplying for an entry visa. Parents of the PEP holder can be granted Long Term Visit Passes to enter into Singapore sponsored by the PEP holder. Her previous work experience includes teaching toddlers to read, writing for a travel/wellness online magazine, and then a business news blog. Mon - Fri: 9AM - 6PM The dependants may include their spouse and unmarried children (biological or step) who are below 21 years of age. Singapore provides a gateway to Asian economic opportunities, a stable government, world class infrastructure and education, as well as great culture. While S Pass holders may receive fewer perks, such as a higher salary of family passes, they are granted mandatory medical insurance. Candidates must earn at least $3,000 a month. Moreover, it would be best if you had multiple years of work experience to back this up. These other factors may also determine the outcome of an EP: Once you have all the relevant documents, your employer or a visa agent, like Sleek, will help to submit your Employment Pass application to the Ministry of Manpower (MOM). How to apply for a Singapore Tech.Pass Full Guide for 2021 Find out which pass is suitable, if they are eligible and how to apply. Any person who holds an employment pass in Singapore can easily get an account opened in a Singapore bank. Upcoming changes to Employment Pass eligibility Once your pass is approved, you will get an in-principle approval (IPA) which provides you with a one-time entry visa to enter Singapore. If you are a current work pass holder (Employment Pass, Personalised Employment Pass, EntrePass or S Pass), and have worked in Singapore for at least six months, you'll be eligible to apply for Singapore PR (permanent resident) status. The Singapore Personalised Employment Pass, also known as PEP, is a special type of work visa issued to top-tier individuals based on their own merits. Everything You Need To Know, Gross Pay vs Net Pay: Everything Employers Need to Know, What Is Employee Engagement & How to Measure It? The number of people receiving benefits after an initial week of aid, a proxy for hiring, fell 5,000 to 1.794 million during the week ending May 13, the claims report showed. Can employment pass holders be a shareholder or director in Singapore? Along with these it is also required to have the following documents as well: With the implementation of the Complementarity Assessment Framework (COMPASS), all post-secondary diploma and above qualifications declared will have to be supported with a verification proof. Additionally, a work permit doesnt have salary limits since it is the only visa for unskilled labor. You must advertise on MyCareersFuture and consider all candidates fairly before you apply for an Employment Pass. Singapore is the worlds best place to do business, Singapore Personalised Employment Pass Online Assessment. Ltd. is one of Singapore's top registered insurance brokers. Older professionals in their 40s and over must earn about double as much, A minimum salary of $5000 a month for young people in the financial sector, Qualifications from accredited institutions - this does not mean any recognised university or college, it is a specific list of institutions approved by the government and in some cases may only include a handful of institutions in the world for a specific type of qualification. The 3 major types of work passes in Singapore are mainly categorized by the employees education, job type, and salary. Need help with your Employment Pass renewal? Upon submission, the processing time is 3 weeks and 8 weeks, respectively. Our jam-packed newsletter covers monthly compliance updates, upcoming events and exclusive offers. Employment Pass (EP) eService (formerly EP Online) - Ministry of Manpower Application overview, process and timeline. From September 2023, EP applicants must also pass the upcoming COMPASS eligibility framework. Both are intended for short periods of 1 to 3 years, but they can be extended. It allows eligible applicants to concurrently start, operate and work for multiple companies in Singapore at any one time. You will also need a good university degree, professional qualifications, or possess specialist skills. All Rights Reserved. Everything about Long Term Visit Pass Singapore (LTVP) - Sleek An employment pass is essential for a foreigner to work at a managerial, executive, or specialized job in Singapore. Non-Mandatory Employee Benefits in Singapore Yes, EP holders can incorporate a business in Singapore as a Private Limited. The Employment Pass allows foreign professionals, managers and executives to work in Singapore. The Employment Pass allows foreign professionals, managers and executives to work in Singapore. This pass is what allows people in such positions to work without facing any issues. In both cases, employers apply on behalf of their employees, so foreign companies MUST have a registered presence in Singapore., Both the S Pass and the Employment Pass are open to people of all nationalities. Employers or employment agents (EAs) can use EP eService on myMOM Portal to apply, renew, appeal, issue, cancel, withdraw, or replace a pass (all pass types except Work Permit) and view the details of their transactions and organisation's profile. We take care of onboarding, offboarding, payroll and benefits so that you can focus on your business growth and getting your employees up and running. For a long time, the EP has been used together with the Long Term Visit Pass (LTVP) and Dependants Pass (DP). The Singapore Ministry of Manpower (MOM) assesses each EP application on a case-by-case basis. Key facts on S Pass - Ministry of Manpower No matter the country of origin, applicants can be qualified candidates for specialist, managerial, and executive positions. From document procurement to consular support, Velocity Globals suite of services that includes its global Employer of Record solution and global immigration assistance can help you with either option. You might be interested in reading about: Our expert team is here to help you. All data collected in Rikvin.com website are part of In.Corp Globals Privacy terms and conditions. Though there is no minimum qualifying salary, there is a cap on the maximum length of employment and age limits. Rikvin Pte. To continue to transact with MOM securely, please follow these steps to enable the Transport Layer Security (TLS) of your web browser, or upgrade to the latest version of your browser. Sleek can help you to handle all your company incorporations and EP applications at the same time, easily, without any physical meetings. For all non-service and non-manufacturing sectors, the levy rate is: Neither the quotas nor the levy rates apply to the Employment Pass regulations., S Pass Holders get to keep their pass for 2 years. Eligibility for Employment Pass - Ministry of Manpower To continue to transact with MOM securely, please follow, Employment Pass eService (formerly EP Online), Employment/S Pass Self-Assessment Tool (SAT). The Singapore government has decided to ease the visa rules for high-salaried expats and a few other exceptional talents. Employment Pass holders can receive medical insurance as well, but this is up to their employers. For renewal applications, these changes will apply from September 2023 to give businesses ample time to adjust. Here are few of the benefits of PR for Indians in Singapore: Financial advantages: Take advantage of the financial advantages offered by the Central Provident Fund (CPF) system in . Yes, EP holders can start a Private Limited company in Singapore. The main differences between Singapores S Pass and Employment Pass are the eligibility criteria. More experienced candidates should prove that they earned higher salaries than their counterparts, Candidates must prove their competence through satisfactory results from a reputable diploma or undergraduate institution, They may also be required to present professional qualifications, specialist skills, and niche-related experience, Parents of qualified candidates can also apply for the Long Term Visit Pass as long as the EP holder draws not less than S$12,000 from their salaries, Meeting all the qualifications above does not guarantee the work pass. They may also consider the salary and age of the applicant. Simply leave your details and our advisors will be in touch soon. Could Global Teams be the great equalizer of our time? The Ministry places a DRC quota on the number of S Pass holders allowed in each company. 2023 Velocity Global, LLC. What happens if my EP application is rejected? For Malaysian confinement nannies to work in Singapore for up to 16 weeks starting from the birth of the employer's child. This resource provides more information on how to incorporate a private limited company in Singapore. You can enlist the help of an experienced EP specialist to ensure a smoother experience getting EP passes for your employees. Employers are required to provide health care only to Work Permit and S Pass holder employees. The Benefits Of Singapore Employment Pass - Mb Startup In addition, employers must pay a monthly levy for each foreign worker on top of providing mandatory medical insurance for them. Note that there are no DPC quotas or levies for EP holders. Interested to find out more about how you can apply for an Employment Pass, whether as a working professional, foreign entrepreneur or Singapore-incorporated business owner? While this is optional for expats with an EP, its always best to protect yourself with expat health insurance. Work passes Work passes All foreigners who intend to work in Singapore must have a valid pass (commonly known as a work visa) before they start work. All Rights Reserved. earn at least S$12,000 if you are currently an Employment Pass (EP) holder. The Singapore Employment Pass (EP) is a type of renewable work visa. Singapores Ministry of Manpower (MOM) also offers entrepreneurs an opportunity to obtain an Employment Pass (EP) once they have incorporated a company in Singapore. For instance, there will be a drop in SRC from 38% to 35% in the Services Sector, effective January 1, 2021. Press enter to see results or esc to cancel. For migrant domestic workers (MDWs) to work in Singapore. Of course, the minimum salary requirement for obtaining an S Pass also increases for more experienced and older applicants. Our Company Our Approach Partner Network News Careers Leadership Contact Us, Technology Overview Release Notes Information Security, Platform Overview Hire Anywhere Employer of Record International PEO Global Benefits Global Equity Program Flexible Office Spaces Global Immigration Global Payroll Pay Your Talent Multi-Country Payroll Compare, SaaS Cybersecurity Life Sciences Nonprofit Organizations Venture Capital Private Equity Human Resources Finance Business Development Legal, Countries We Serve Resource Center Blog Forge Ahead Podcast Help Center. For entrepreneurs, do note that you would have to incorporate your company before applying for your Employment Pass. Our sales team is available from Mon - Fri 9am to 10pm (Singapore Time). You can use this tool to check if you qualify. Cost Required documents for application For regional representatives of overseas companies For healthcare professionals, lawyers, football players or coaches: For employees in a food establishment: Duration of Employment Pass Renewal of Employment Pass For Employment Pass (sponsorship) How to renew Upon renewal of Employment Pass Your Guide to Singapore Work Permit, S Pass, and Employment Pass Particularly since the economic downturn caused by Covid-19, the government is placing considerable importance on the FCF. Before applying for an EP, it is necessary to consider eligibility requirements. The LOC allows the holder to work in Singapore. What Is Payroll Tax? Moreover, the number of S Pass holders an employer can hire is capped at 18% of the companys total workforce in all non-service and non-manufacturing sectors. Book a call with us to start building your global team today. Your tasks and responsibilities in the company will also be reviewed. This makes EP applications a relatively swift and easier process. In August 2020, the Ministry of Manpower (MOM) raised the work pass criteria to retain and increase local employment. Generally, if the applicant has a good educational background, relevant work experience, and a job offer with a competitive salary, the chances of getting an EP are higher. Related Read: Snapshot of Singapore Work Passes, Permits and Visas. Do you know? The PEP is not exclusive to one employer, rendering its owner the flexibility and freedom to pursue opportunities without having to renew the pass with every company. Both are intended for short periods of 1 to 3 years, but they can be extended. The company will also be evaluated based on its financial standing and credibility. On the other hand, Employment Pass holders are foreign professionals in a specialised, managerial, or executive role. Visa specialists such as Sleek can also help by analyzing the reasons for the rejection and making recommendations for additional information or documents. Youll need official documents from the Singaporean government to stay and work. If a work permit expires, then the DP automatically gets revoked. Factors include your companys past revenue and paid-up capital. You are free to apply for an Employment Pass in Singapore. Step 6: Receive your EP card. You are not allowed to start a business in Singapore. This may further affect your employers hiring decisions. The main differences between the two are their eligibility criteria. Has the business helped recruit and train more Singaporean PMETs. A successful S or Employment application is currently hard to come by. Note: Pass holders may be required to payincome tax. For foreign performers working in public entertainment outlets such as bars, hotels and nightclubs. To continue to transact with MOM securely, please follow these steps to enable the Transport Layer Security (TLS) of your web browser, or upgrade to the latest version of your browser. What Are The Benefits Of Employment Pass | Bd Jobs Today To qualify for Singapore Dependants Pass, an applicant must be a valid EP, S Pass, Personalised Employment Pass, or an EntrePass holder. Both EP and S Pass holders may apply for a Dependents Pass for their spouse, children, and parents to join them in Singapore. Employment Pass Singapore: How to Apply - CorporateServices.com This means that anyone eligible for this pass can make a good life for themselves and be close to their family. A private limited is a type of business structure that is separate from its owners and shareholders. Yes, Employment Pass (EP) holders can apply for Permanent Residency (PR) in Singapore. PEP holders may remain unemployed while living in Singapore for a period of no more than six months. This means that you dont need to go through the hassle of setting up a foreign subsidiary or applying for an S or Employment Pass. What Are the Requirements for a Singapore Employment Pass? Employers must also demonstrate that they have fairly considered all jobseekers. Usually, WP-holders work in labor-intensive sectors. What Are the Benefits of a Singapore EP Holder? You can use the Singaporean Ministry of Manpowers self-assessment tool to get an initial understanding of whether your chosen hire is eligible for an S or Employment Pass. The Foreign Worker Levy (FWL) is used to regulate the number of foreign citizens working in Singapore and is essential for employment visas. Otherwise, you will need to cancel the pass. But we can also help you employ qualified local talent in Singapore. Applicants must also be fully vaccinated against COVID-19 with EUL vaccines from the World Health Organisation (WHO), including boosters, if eligible, to be issued an EP pass. ThePersonalised Employment Pass(PEP) is aimed at top tier foreign talent who want to live and work in Singapore. Read on to find out how and which one you should apply for. Whether a short-term assignment or an intention to settle long term, it is important to understand the common paths to compliant employment and eligibility to live and work in Singapore. An employer or appointed employment agent must apply on behalf of the applicant. Thinking of starting a new chapter in Singapore? For any foreigner working in Singapore and holding an employment pass, life becomes easier. Step 4: Hand over the records to the employee After your renewal application has been approved, you will need to print out your in-principle approval letter (IPA) via Employment Pass Online (EPOL) and provide the employee with a copy for their records. If you require your employees to present additional testimonials, they must present them manually. This is one of the governments measures to encourage employers to retain a core of Singaporean employees amidst the COVID-19 pandemic. Overview and key facts about the pass, including who it is for, validity and pass map. Foreign Professionals whose last drawn monthly salary was in excess of $18000. Singapore Inter-Agency Taskforce on Trafficking in Persons. A hard copy of in-principle approval letter (IPA) and provide the employee with a copy, 1.