Thinking about hiring a foreign worker for a project in Singapore? This means you’ll need to go through the process of applying for a work permit on their behalf.
Read on to discover what this process entails, as well as why Singapore is an increasingly appealing location for projects and candidates.
Why choose Singapore?
Singapore has many benefits that make it an attractive working location, including:
No minimum wage – instead Singapore has the Progressive Wage Model, which aims to increase the wages of lower-paid workers via upskilling and improving productivity
The 13th month payment isn’t mandatory, but is encouraged
40-hour working week
Annual leave:
7 days after 3 months in the role
Increases by 1 day each year until the 8th year of service
Capped at 14 days, which many employers provide in full
11 paid public holidays
Sick pay:
Up to 14 days after 3 months in the role
Up to 60 days after at least 6 months’ service
On a similar note, the taxation system is advantageous:
Income tax system: Non-residents are taxed at a flat rate of 24%. Though, employment income is taxed at a flat rate of 15% or at resident rates with personal reliefs – whichever will trigger a higher tax.
Inheritance tax: While this used to apply, estate duty was removed for deaths that occurred on or after 15th February 2008.
Property tax: Owner-occupier tax is at 0-32% for residential properties, and non-owner occupier tax rates vary from 12% to 36%.
Which visa should you choose?
There are various types of work permit, with applicable ones including:
Employment Pass
This is for professionals, managers, and executives. It requires that they earn a minimum of $5,000 per month and pass the Complementarity Assessment Framework (COMPASS). The work permit is valid for up to 2 years, with renewals up to 3 years.
Personalised Employment Pass
This is more flexible than the Employment Pass and is for high-earning current Employment Pass holders or overseas foreign professionals. It has validity of up to 3 years, but isn’t renewable.
S Pass
This is for skilled workers whose income is at least $3,150 every month. It’s valid for up to 2 years.
Work Permit for migrant workers
This is for those workers who are skilled or semi-skilled in the construction, manufacturing, marine shipyard, process, or services sectors. The permit can be valid for up to 2 years.
What documents are required?
There is considerable paperwork needed to apply for the work visa on the employee’s behalf. For example:
Valid passport for the worker
Copies of education certificates
Two recent colour photographs
Previous employment testimonials
Company’s appointment letter
A detailed description of the type of work that the employee will be performing
Make the Singapore work visa straightforward with WRS
The work visa process in Singapore is far from easy – but WRS have helped many employers secure their permits. Given our extensive experience and expertise, we can solve the usual challenges and reduce the burden on you, and your employees.
Plus, we’re fully registered to provide tax services and managed payroll in Singapore – with our payroll software and online timesheet portal ensuring every worker is paid on time, in the right currency.
Require support with global mobilisation? Speak to our team today.
Disclaimer: Worldwide Recruitment Solutions does not provide visa, immigration or taxation advice. This material has been prepared for informational purposes only, and is not intended and should not be relied upon for visa, immigration or taxation advice. You should consult with a qualified immigration professional or the official government website of the country you're applying to for the most up-to-date and accurate information.
