Singapore has several types of work permits for foreigners, in Singapore called Work Passes. This post will provide investors and new company registration Directors the basics for each of the work pass permit type in Singapore. This information will help attract the best possible people to work for your company from almost any place in the world.
The types of Singapore work pass permits for non-Singaporean professional workers are as follows. Regular Singapore work pass permit (EP), Entrepreneur Singapore work pass permit (EntrePass), Scheme Singapore work pass permit (S Pass) and Personal Singapore work pass permit (PEP). There is another work permit pass called the Miscellaneous Singapore Work Permit Pass. All Singapore work pass permits are issued without regard to any quota except the S PASS. That permit requires a more in depth review by Singapore authorities.
Regular Singapore Work Permit Pass
This is the permit pass for company Directors, investors or professionally skilled workers who will be hired to perform their duties in Singapore. There are restrictions on minimum salary payments for employees with the work pass permit. Your company registration processing services company can advise you on these restrictions. All personnel applying for this permit must be university graduates. Normal length of time for the validity of this work permit pass is one to two years. This work permit pass is renewable as long as employment continues.
Entrepreneur Singapore Work Permit Pass
This is the permit pass for owners of new company registration businesses. The companies do not have to be new. They only must be moving the company to Singapore from another nation is the requirement. This work permit pass is also normally granted with a validity period of two years at first and permanently with the provision that the business must still be active.
Scheme Singapore Work Permit Pass
This Singapore work permit pass is for semi skilled employees. This work permit pass is limited by quotas that vary and for which the company is eligible. There are restrictions on minimum salary payments for employees with the work pass permit. Your company registration processing services company can advise you on these restrictions. This Singapore Work Permit Pass is issued for one or two years the first time it is requested. It may be renewed as long as employment continues.
Personal Singapore Work Permit Pass
This Singapore Work Permit Pass is the most special type of work permit in Singapore. This is not employer dependent. The holder of this pass may, with certain restrictions, change employers without needing to reapply for a new work permit pass. Holders of the Personal Singapore Work Permit Pass may not start their own business entity. Over the years this has been the most difficult work permit pass to obtain from Singaporean authorities because this work permit pass is issued the on first application for up to five years and is renewable.
Miscellaneous Work Permit Pass
This Singapore work permit pass is not generally issued to employees of businesses whose company registration was done on behalf of foreign companies. This pass is for temporary workers coming to work on set up for conferences, seminars or workshops.
Singaporean work permits are the most liberal of any Asian nation and meant to be a benefit to new companies wanting to do business in Singapore.