Due to the ease of doing business, the business-friendly environment and strong legal system, it is no wonder why many people and businesses opt for Singapore as their destination of choice when considering the Asian market. However, a necessary part of entering the market is obtaining a work permit in order for you, or your employees, to work or do business in Singapore legally. Below we have listed the relevant ways to obtain a work permit as well as the requirements that need to be fulfilled.
Note: Instead of the term ‘work visa’, the term ‘work permit’ or ‘pass’ is employed in Singapore.
The Employment Pass is for professionals who intend on working in Singapore and is tied to an employer who applies for the permit for you. For such employees, no quota is imposed. The Employment Pass is for foreign professionals, managers or executives. In order to obtain this pass, the applicant has to fulfil the following requirements:
The Entrepreneur pass, alternatively known as the EntrePass, is a permit granted to foreign entrepreneurs who intend on starting or carrying their operations to Singapore. If you want to do business in Singapore, this would apply to you. This, however, is sector specific and applies to those entrepreneurs who are in the high technology sector or one who is starting a new venture centered around research & development (R&D). The requirements for the applicant to obtain the permit are as follows:
This permit is for exceptionally high level/high earning candidates, who are often considered experts or gold collar professionals. The following requirements must be met:
This permit is applicable for midlevel staff who possess a midrange position in a company or are considered semi-skilled. For this permit, there is quota that is imposed, however the quota differs from sector to sector. Such persons are able to obtain the permit, provided the following requirements are met:
This permit may be obtained by persons working in the construction, marine shipyard, manufacturing or service industry.
There are various other permits which may be obtained for other tupes of workers such as foreign domestic workers, nanny’s, performers, students, trainees and family members, amongst others.
Even though Singapore is considered a great place for foreigners to work or do business, you may still encounter some difficulty setting up and obtaining the correct permits. INS as a PEO in Singapore is able to effectively address all your human resource needs. INS is a well-established HR consultancy that can allow you enter and hire people in Singapore, without first establishing a foreign entity from the start. No matter the size of your company, our consultants can assist you in obtaining a permit to work or do business in Singapore.