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Sally has the track record of successfully completed more than 800 training classes in various fields and is a much sought-after Facilitator for Private and Government Organizations as well as Tertiary Institutions. The certification should comprise of at least one year of full-time dating consultant jobs singapore. Up to a maximum of 20 persons may operate a business as a partnership. You will be required to prime and submit the relevant tax form that will be mailed to you. The best news was that in less than 4 months I recouped my return of investment on my diploma certification. Find out how you can apply. More details can be found at:. A Hiroshima citizen or a Singapore Permanent Resident who returns to work here will be liable to pay income tax.
Singapore is an open economy with strong presence in the service and manufacturing sector. Manufacturing is the economy's main engine of growth, with electronics accounting for nearly half of the sector. The chemical industry is the second largest manufacturing sector, and Singapore is also the third largest petroleum-refining center in the world. Singapore's workers are among the world's best for productivity, work attitude and technical skills. They speak English proficiently, and are dedicated, hardworking, and keen to upgrade their skills and knowledge. The government is focusing its efforts on five industrial clusters: electronics, chemicals, engineering, IT, and biomedical sciences. Singapore relies on foreign workers and talents at both ends of the skills ladder. Recent evidence has shown weaker economic performance with unemployment rates reaching the highest levels in many years. On the contrary, Singapore's unemployment rate is still lower than that of other developed countries. Foreign talents remain an important resource to Singapore as many companies face problems employing suitable employees to facilitate regionally and locally in the expansion of businesses or replacement requirements. Some suitable career opportunities in the financial sector includes treasury and risk management, funds management, general debt issuance, investment analysis, corporate financial, venture capital, cross- border electronic banking, insurance, investment banking and tax planning. In a trying time in Singapore, it is relatively more difficult to find a suitable job, but like our prime minister always remind people to be more complacent and lower our expectations and after all, finding a job is all about managing our own expectations. The management culture in Singapore is that the government financially supports many of the large corporations in Singapore, and the people generally work well under pressure as 'time is money' to many. Expatriates who live and work here can easily get adapted to the lifestyle and work-style in Singapore. Average Wages in Singapore You can find the average wages of specific occupations in Singapore. The result will show the Median monthly gross wage which includes all remuneration received by an employee before deductions of the employee's CPF contributions and personal income tax. It includes overtime payments, commissions, allowances e. Central Provident Fund CPF CPF is a comprehensive social security savings scheme to which both employers and employees have to contribute. CPF takes care of members' needs in retirement, healthcare, home ownership, family protection and asset enhancement. Foreigners only need to begin their monthly contributions to the CPF after having assumed permanent resident status. During the first two years as a permanent resident, contribution rates to CPF are reduced. Permanent residents can withdraw their savings at age 55, after a Minimum Sum in their Retirement Account is set aside. Members can also withdraw their CPF savings if they are permanently incapacitated or will leave Singapore and West Malaysia permanently. If members do return to Singapore, they must reimburse the CPF Board for the amount they had withdrawn with interest. If you have left Singapore and West Malaysia permanently and have no intention of returning for further employment or residence, you may apply for the withdrawal of your CPF savings For more information on CPF contributions, kindly contact CPF Board at: Main Office Central Provident Fund Board CPF Building 79 Robinson Road, Singapore 068897 Fax: 65 6225 8732 Website: Call Centre 1800 227 1188 local 65 6227 1188 overseas Service Centres CPF Service Centre CPF Building 79 Robinson Road 02-00, Singapore 068897 Fax: 65 6229 3177 CPF Bishan Service Centre 3 Bishan Place 01-01, Singapore 579838 Fax: 65 6253 3931 CPF Jurong Service Centre 21 Jurong East Street 13 01-01, Singapore 609646 Fax: 65 6561 4102 CPF Tampines Service Centre 1 Tampines Central 5 01-01, Singapore 529508 Fax: 65 6780 3700 CPF Woodlands Service Centre 900 South Woodlands Drive 01-02 Woodlands Civic Centre, Singapore 730900 Fax: 65 6767 9250 Employment for Foreign Spouse A foreign spouse who wants to work in Singapore requires a valid work permit. It takes about two weeks to process an application. You can also obtain this free guide from any Contact Singapore Centre. Employment Pass Eligibility The Employment Pass is a work pass for foreign professionals working in managerial, executive or specialised jobs. Foreigners who are interested to work and has a job offer in Singapore may apply for an Employment Pass. Older applicants would have to command higher salaries to qualify, commensurate with the work experience and quality they are expected to bring. Information for foreign job-seekers Foreign job-seekers may refer to our Strategic and Skills-in-Demand List which compile jobs expected to be high in demand in Singapore over the next few years. Self-Assessment Tool Employers are encouraged to use the online Self-Assessment Tool SAT to check if the applicant meets the requirements. This tool gives you a preliminary indication of whether the applicant qualifies. The SAT is accurate. If the SAT indicates that the candidate is not eligible, you should not send the Employment Pass application as it will be rejected. If the SAT indicates that the candidate is eligible, 9 out of 10 of such applications will be approved. The rejections that occur even when the SAT says yes are due to factors that the SAT cannot consider, such as poor company profiles and applicants with adverse records. To check if you qualify for an Employment Pass, please take the. Note to employers Food-stall licensees operating in hawker centres, coffee shops and food courts are not allowed to employ foreign workers. Such operations are small scale and are expected to be manned by owners or family members. Note to overseas employers If the applicant's employer is based overseas and does not have a registered office in Singapore, another Singapore registered company can act as the sponsor and submit the application on behalf. Find out how you can apply. The employer or the appointed agent may submit the Employment Pass application. EntrePass Eligibility You may apply for an EntrePass if you are ready to start and operate a new business in Singapore. Applicants need not register the company first. If registered, it must not be more than six months from date of application. In addition to the above criteria, applicants will have to show evidence that their businesses meet at least one of these requirements: Requirements Guidelines 1. Failure to provide the documents to prove ongoing business operations by the end of the sixth month will result in revocation of the EntrePass. Dependant privileges EntrePass holders are only entitled to dependant privileges after they renew their passes. For more information, you may refer to our. For more information on EntrePass, please visit the. S Pass Eligibility Mid-level skilled foreigners e. Applicants will be assessed on a points system, taking into account multiple criteria. S Pass applicants accumulate points based on how far they meet the criteria. These are, very broadly, courses that train the applicant to be a qualified technician or specialist in their chosen field. The certification should comprise of at least one year of full-time study. Work Permit holders who wish to apply for the S Pass must ensure that they meet the above requirements. You should refer to the to see what types of jobs are expected to be in high demand in Singapore over the next few years. To check if you qualify for a S Pass, please take the. Quota The number of S Pass holders a company can employ is capped at a sub-Dependency Ceiling sub-DC , of 15% of the company's total workforce in the Services sector and 20% in the remaining sectors. Note: Employers are not allowed to retain foreign workers in excess of the DC allowed for their sector. Employers will need to increase their local workforce or MOM will cancel the work passes of excess Work Permit and S Pass holders. Employers may refer to the. Medical insurance The requirement to purchase and maintain medical insurance is a Condition of an S Pass. The DP application and supporting documents may be submitted together with the S Pass application or separately. However, if the children of such S Pass holders wish to study in mainstream public schools in Singapore, they will have to pass the Admission Exercise for International Students AEIS or Supplementary Admission Exercise for International Students S-AEIS. For more information on the tests including registration details and test dates, please visit the. Income Tax The Inland Revenue Authority of Singapore IRAS acts as an agent of the government and administers, assesses, collects and enforces payment of taxes. The IRAS also advises the government and represents Singapore internationally on matters relating to taxation. A Singapore citizen or a Singapore Permanent Resident who returns to work here will be liable to pay income tax. You will be required to complete and submit the relevant tax form that will be mailed to you. Your employer may furnish your salary details to IRAS directly and this portion of your income need not be included in your tax return. However, you must still submit the tax form and report other income you received in Singapore in the previous year. Should your employer not give IRAS your salary details, you should be issued with the IR8A form, which is the form that shows the gross employment income that you have earned in the previous year. You must include the IR8A with your completed tax form. The chargeable income, that is, your income after deduction of personal reliefs, will be taxed at resident rates of between 0% and 20% from Year of Assessment 2007. The resident rates only apply to a taxpayer who is considered a tax resident, that is, he has been in Singapore for more than 183 days or can prove so by other qualitative means in the previous year. Non-Resident A person is considered a non resident when working or living in Singapore for less than 183 days per year. A non resident's employment income is taxed at 15 percent or the resident rate, whichever is higher. Only income derived in Singapore will be taxable. Non residents will not be considered for Personal Reliefs. Reliefs and Rebates As a tax resident, a person is taxed on all income earned in Singapore including overseas income which is transmitted, remitted or otherwise brought into Singapore. There are personal reliefs given under the Income Tax Act. Income without personal reliefs are taxed on a graduated scale from 0% - 20%. Instead of compensating for certain type of expenses fully, reliefs and rebates are given to promote certain social objectives. There are reliefs available to encourage family formation, retraining, training and upgrading of skills as well as reliefs given to those serving National Service. Submitting Your Income Tax You can submit your tax return by post or through e-filing at , or by phone. If you fail to submit your return by 15th April or to pay your taxes within the specified due date, you will be penalised. To avoid late payment penalties on your tax payable, you may arrange to pay your taxes by GIRO or log on to do it electronically at for immediate payment. Do remember to print the acknowledge copy for your own records. The most common ways are the newspapers, online job sites and depending on headhunters for referrals. Newspapers Most companies in Singapore still hire candidates through advertisements placed in newspapers. It is because the newspapers have been an effective mean of job matching for employers and employees. The widely used newspapers is The Straits Times, jobseekers should keep exceptionally close watch especially on the Saturday copies as there always more job advertisers. Other newspapers include TODAY. Online Job Sites The other commonly used source nowadays would be the websites, for a start, you may check our jobs section: Career and Jobs section in the Singapore Expats Classifieds Company Websites Certain companies may post available positions on their websites. Try Googling to find the companies or industries you want to work for and you might find luck. Cold Letters It is never wrong to take the imitative writing to the desired company you wish to work for available positions. If you do not know the name of the Human Resource personnel, contact the receptionist for the email, name of even contact number of the person-in-charge, so you would know where you letter or call is heading. They would advertise on behalf of the Company and manage the interviews with the candidates. The recruitment process is mostly managed by the Employment Agency. Career Fairs There is a Career Fair at times, do look out in the Straits Times newspapers for such events. Advertising Rates can be found at. Setting Up Business in Singapore Business firms can be sole proprietorships or partnerships. Any individual may start his own business by registering with the Registrar under the Business Registration Act. Up to a maximum of 20 persons may operate a business as a partnership. A partnership must also be registered with the Registrar. Sole proprietorships and partnerships are not corporate bodies. Sole proprietorships and partnerships do not need to submit their annual accounts but they must renew their registration every three years. Some businesses such as banks, manufacturing of cigarettes, optical discs require special licenses. Companies may be registered as branches of foreign companies, private limited or public companies. Any two or more persons may form an incorporated company by registering under the Companies Act. A company may be limited by share, limited by guarantee or unlimited. For private limited companies, the number of shareholders is limited to a maximum of 50. Public companies may have more than 50 members and they can raise capital by offering shares and debentures to the public. A public company must register a prospectus with the Registrar before making any public offer of shares and debentures. If you represent a foreign company and wish to only set up a representative office RO. You would need to register your representative office with International Enterprise Singapore IE Singapore. Setting up a representative office is a good way of exploring business opportunities in Singapore or in the region. Representative offices can only undertake promotional and trade liaison activities on behalf of its parent company. The representative office cannot conclude any contracts or even provide consultancy for a fee, undertake transshipment of goods, open or negotiate any letters or credit. More details information is listed below. Representative Office In Singapore Here are the steps and guidelines on how a foreign firm can set up a Representative Office in Singapore. Representative Offices in banking, finance, insurance and legal industries - To set up, you need to register with the Monetary Authority of Singapore MAS. More details can be found at:. You will need to meet the guidelines and criteria set out by MAS. Representative Offices in all other industries - To set up, you need to register with International Enterprise IE Singapore. More details can be found at:. You cannot use your RO to carry out these activities. If you wish to carry on operations in Singapore, you should register a branch office or incorporate a company with ACRA. Steps to setup a Business 1. You have to first apply for a name for the business. The proposed name must not be currently in use by any other company or business firm. You may also ask for the forms to be sent to you at 65 1800 222 6266. From 1 January 1994, self-employed persons are required to top-up their Medisave account with the CPF Board before they register or renew or become the owner of a business. Food, liquor, music and entertainment businesses also require licences from the Ministry of Environment, Liquors Licensing Board and Public Entertainment Licensing Unit respectively. The Technopreneur Home Office Scheme allows entrepreneurs to use their homes, both private residential and HDB property, as offices for their start-up businesses, subject to approval from the Economic Development Board. The business should be infocomm technology focused and in sectors which have been earmarked as high-growth, export-oriented and intellectual-property based e. The start-up must also be an unlisted company registered in Singapore. Foreigners, subject to the approval of Singapore Immigration and Registration and the Economic Development Board may also extend their Long Term Social Visit Pass in Singapore for up to a year for them to seed their business operations. Tax and CPF Contributions Under Singapore tax laws, tax is chargeable on the income of any person including a company accruing in or derived from Singapore or received in Singapore from outside Singapore. A company means any company incorporated or registered under any law in force in Singapore or elsewhere. Contact the Inland Revenue Authority of Singapore for more information. If you employ staff, you need to contribute to the Central Provident Fund CPF for your employees. For more details, please contact CPF Board. Self-employed persons who have registered businesses as sole proprietorships need to contribute to their Medisave accounts with the CPF before they can renew their business registration. The amount payable is computed by the CPF based on their business earnings. Professional registration is not associated with your residency or citizenship status. These professions are governed by local regulations that all registered professionals must adhere to. The specialized professions include accountancy, architecture, dentistry, engineering, land surveying, law, medicine, pharmaceutical and nursing. Ask our regular expats in Singapore questions on relocation and their experience here. Ask about banking, employment pass, insurance, visa, work permit, citizenship or immigration issues.
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