The Government is easing restrictions to allow new work permit and S Pass applications across all sectors into Singapore in order to alleviate the manpower shortage faced by businesses.
The Ministry of Manpower (MOM), in consultation with the Ministry of Health, Ministry of National Development and Ministry of Trade and Industry, will adjust its processing of new work permit and S Pass applications of workers across all sectors to better support businesses,”
MOM highlighted that it was processing new work pass applications from countries with lower health risks such as China. The agency is now processing applications from all approved source countries where workers from certain countries and regions working for specific industry sectors.
MOM said it now has more room for an increase in work pass holders to ease the manpower shortage, noting Singapore's stable COVID-19 situation, strong public health measures and testing capacity.
Applicants and employers must adhere to current border measures, which include seeking entry approval from the authorities, undergoing pre-departure tests, and completing their stay-home notice in Singapore.
MOM has also begun allowing existing work pass holders to return to Singapore.
Employers in the construction industry and food and beverage industries have also faced difficulties filling vacancies.
Both employers and applicants are still required to adhere to current borders, including entry approval from the authorities, taking pre-departure tests, and fulfilling their Stay-Home Notices in Singapore.
S-Pass holder is a mid-skilled technical individual with a fixed monthly salary of at least S$2,500. The duration of the pass is up to two years, although it is renewable. An employer or appointed employment agent applies on behalf of the applicant for the pass.
Work permit is generally issued to foreign unskilled and semi-skilled workers. The duration of a work permit is usually two years, subject to the validity of the worker’s passport, the security bond and the worker’s employment period, whichever is shorter.
KAIZEN Group is equipped with experienced and highly qualified professional consultants and is therefore well positioned to provide professional advices and services in respect of the formation and registration of company, and application for various business licences and permits in Singapore. Please call and talk to our professional consultants for details.
Disclaimer
All information in this article is only for the purpose of information sharing, instead of professional suggestion. Kaizen will not assume any responsibility for loss or damage.
From June 26, 2024, the processing time for Singapore Permanent Resident (hereinafter referred to as "PR") applications has been shortened to within six months. These changes made by the Immigration and Checkpoints Authority (hereinafter referred to as "Immigration Authority" or "ICA") establishes a clear timeline for PR application reviews.
Generally, a GST-registered business is required to account for output tax based on the consideration it receives when selling its business assets (including disposal of or transfer of asset to another party with consideration received). Similarly, the GST-registered business is also required to account for output tax when it disposes of, transfers or gives away its business assets for free and these assets still have market value, unless the cost of the asset is not more than $200 or no credit for input tax was allowed on the purchase/import of the assets.
In today's increasingly fierce global business competition, enterprises are constantly seeking more favourable development environments. Singapore, with its stable political environment, low-tax policies, sound legal system, and highly internationalized financial system, has become one of the most attractive destinations for company registration in Asia.
Singapore S Pass (“SP”) is a type of work visa that is designed for mid-skilled technical staff who wish to work in Singapore. Candidates need to earn at least S$3,300 a month and have the relevant work experience. You can apply for the Singapore SP if you are: A locally incorporated Singapore company and need to hire an employee from overseas; or You have an employment offer from a Singapore employer. In this case, your employer will make the SP application on your behalf.
