Fixed Monthly Salary | Passes for family members |
$10,000 and above ($12,000 and above – effective from 1 January 2018) | Dependant’s Pass |
$5,000 to $10,000 ($6,000 to $12,000 – effective from 1 January 2018) | Dependant’s Pass |
Employment Pass Eligibility Requirements
The Ministry of Manpower determines your eligibility based on the employment pass scheme factors listed below. To be considered for an Employment Pass, you must have S$4,500 (from 01 December 2020, the qualifying salary for EP for the Financial Services Sector will be raised to S$5,000) and possess one or more of the following:
Procedures for Entrepass Application:-
Information Required
You must meet all the following criteria to renew your EntrePass:
No. of years holding an EntrePass |
No of local jobs you need to create (or) |
Minimum annual total business spending (TBS) |
|
FTEs (Full-Time Equivalents) |
PMEs (Professionals, Managers, Executives) |
||
1 |
– |
– |
– |
2 |
3 |
1 |
$100,000 |
4 |
6 |
2 |
$200,000 |
6 |
9 |
3 |
$300,000 |
8 or more |
12 |
4 |
$400,000 |
Entrepass holders are eligible to apply for Permanent Residence (PR) in Singapore. There is no designated waiting period. However, applicants are advisable to submit the application after 2 years of business operation.
Letter of Consent (LOC) is for eligible pass holders to work in Singapore, i.e. Dependant’s Pass holders, LTVP/LTVP+ holders who are spouse or unmarried children of a Singaporean or permanent resident.
All foreigners who intend to work in Singapore must have a valid pass (commonly known as a work visa) before they start work. If you are engaging foreigners to work in Singapore, you must ensure that they hold a valid pass. Find out which pass is suitable, if they are eligible and how to apply.
The Employment Pass (EP) allows foreign professionals, managers and executives to work in Singapore. Candidates need to earn at least $4,500 a month and have acceptable qualifications. Employers must also demonstrate that they have fairly considered all jobseekers.
For eligible foreign entrepreneurs who are keen to start and operate a business in Singapore that is venture-backed or possesses innovative technologies.
For high-earning existing Employment Pass holders or overseas foreign professionals. The PEP offers greater flexibility than an Employment Pass.
STP is an initiative by Enterprise Singapore to help SMEs engage and attract local talents from ITE, Polytechnics and Universities to join them. Under STP, SMEs can offer student internships and are eligible for up to 70% support covering the internship month stipend.
Therefore, how do we recruit interns with a 70% salary support through SME talent programme?
To be eligible for STP, companies must meet the following criteria:
To be eligible for STP students must meet the following criteria:
The SkillsFuture Work-Study Programme (WSP) was first launched at the Institutes of Higher Learning (IHLs) in 2015, in the form of SkillsFuture Earn and Learn Programme (ELP). The work-study modality of learning facilitates a stronger linkage between the curriculum taught in school, and the needs of the workplace.
Who is eligible to participate in the SkillsFuture Work-Study Programme?
Who are the employers under Work-Study Programmes, and how are they selected?
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