Guides to work passes, hiring regulations, and employment requirements for founders and businesses building a team or relocating to Singapore.
Can I apply for an Employment Pass (EP) immediately after incorporation?
Yes, you can apply for an Employment Pass after incorporation, but approval depends on factors like salary, qualifications, and business activity. New companies may face stricter scrutiny during evaluation.
What happens if my EP application is rejected?
If your Employment Pass application is rejected, you can appeal or reapply with stronger supporting documents. Common improvements include increasing salary, strengthening your business plan, or providing clearer proof of qualifications.
Can my company hire employees before opening a bank account?
In practice, hiring employees without a corporate bank account is difficult. Payroll processing and statutory contributions like CPF require an active company bank account.
Do I need to register for CPF if I only hire foreign employees?
No, CPF contributions are only required for Singapore Citizens and Permanent Residents. However, you must still comply with other employment regulations for foreign workers.
Can I sponsor visas for family members through my company?
Yes, Employment Pass holders may be eligible to sponsor family members, depending on salary thresholds and eligibility criteria. Approval is subject to Ministry of Manpower guidelines.
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