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Singapore Employment Pass Application Guide For Foreign Entrepreneurs
Employment Pass is a Singapore work visa provided to qualified foreign professional who are employed by a Singapore employer and for foreigners who are business owners. Business owners can be categorizes as employees of their Singapore incorporated company. Moreover, Employment Pass applicants are required to have a good educational background, a credible professional experience and a minimum monthly salary of $2,500.
The Immigration department has identified three types of Employment Pass which will correspond to different level of applicant's qualifications.
These are the types of Employment Pass:
1. P1 Pass: For a base salary above S$7,000 a month.
2. P2 Pass: For a base salary between S$3,500 and S$7,000 a month.
3. Q1 Pass: For a base salary between S$2,500 and S$3,500 a month.
The following documents are necessary in processing Singapore Employment Pass Application:
1. A duly completed Employment Pass application form.
The application form must be endorsed by the sponsoring Singapore ...
... corporation
The Singapore corporation's stamp or seal must be affixed on the application form.
The form must be signed by both the applicant and the authorized signatory of the sponsoring Singapore corporation.
2. A copy of the applicant's educational certificates and past employment testimonials.
3. Applicant's passport-size photograph taken within the past three months.
4. A copy of the personal particulars page of the applicant's travel document/passport.
5. A copy of the Business Profile/Instant Information/Registration papers of the sponsoring Singapore corporation.
6. A copy of the applicant's resume.
7. Detailed description of the duties to be performed by the applicant.
8. Detailed description of activities and/or products of the employing Singapore corporation.
When the listed documents are already completed, you can then proceed to submission in the Singapore Ministry of Manpower (MOM), a government body which processed Employment Pass application. You can either have it through online submission or manual submission. When documents are already submitted, waiting time for application result is usually within four weeks for online applications and 6 weeks for manual applications.
Once application is approved, In-Principle Approval (IPA) letter will be given as a notification which will then provide a 6 month period validity during which you are allowed to enter Singapore on a one-time entry visa to collect the Employment Pass. However, you can also authorize someone to claim the permit in your behalf. As a rule, IPA letter details the documents needed in collecting the Employment Pass. In most cases, medical examinations are also required before an employment Pass is issued.
Rikvin provides a full spectrum of corporate services under one roof for Singapore company incorporation, accounting, tax, work pass assistance such as Singapore Employment Pass Application and related compliance services for individuals and companies worldwide.
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