EasyFinance.com Community

Procedure and Eligibility Criteria for employment pass Singapore

Posted March 20, 2013 by inna to Finance 0 0
This post was written by a EasyFinance.com Community member. The views expressed below may not reflect the views of EasyFinance.com.

Employment Pass also known as EP is a kind of work visa which is issued to the overseas professional employees, directors and owners as well as the managers of Singapore companies. You will find no quota scheme restraining the number of Employment Passes that can be provided to a company. This guide will give you thorough detailed information on the eligibility requirements, processing timeline, application procedure in addition to other relevant details related to Singapore Employment Pass. The words Employment Visa and Employment Pass are made use of interchangeably in the document.


You can apply for the Employment Visa or Employment Pass under the given scenarios:


You are one of the directors or owners of a Singapore Company and desire to get transferred in Singapore to manage the operations of the Company. Remember, though your company is newly setup and you hold more than 30 percent of the shares you have to submit an application for Entrepreneur Pass instead.


You are hiring staffs from the overseas for Singapore Company. In such a case your company has to register for an Employment Pass application for all of the employees.


Employment visa or Employment Pass is usually provided for 1-2 years at a time and then you can renew it later on. An Employment Pass or Employment Visa facilitates you to work as well as reside in Singapore and take a trip in and out of the country without having to submit an application for Singapore entry visas. If you can get hold of an Employment Pass in due course of time you will also be eligible for Singapore permanent residence.


Eligibility Requirements for SINGAPORE EMPLOYMENT PASS


The basic requirements and facts for an Employment Visa or Employment Pass:


The first and most essential is to earn a bare minimum amount of S$3,000 as salary and above in a month.


A tertiary grade is required from a high regarded university along with applicable professional experience. Your history along with professional work knowledge and high earnings might compensate yours lack of good schooling in some of the cases. Your planned service in Singapore must be applicable to your previous experiences. Remember, for Q1 pass holders and only those applicants who are qualified educationally will be granted. The minimum salary requirement is S$3,000 for those individuals who have passed from reputed institutions. Whereas, candidates with good experience is likely to draw high salaries to get hold of the Pass.


There is no certified quota system. Each of the applications is reviewed carefully by the authorities which is dependent of the credentials of the applicant and the employing company.


So, if you can fulfil these procedures you can easily get hold of Employment Pass Singapore.

Employment Pass Singapore also known as EP is a kind of work visa which is issued to the overseas professional employees, directors and owners as well as the managers of Singapore companies. You will find no quota scheme restraining the number of Employment Passes that can be provided to a company.
 

About inna: Steve Carry is a freelance writer who writes article related to Singapore Business Formation, Singapore Business Setup, employment pass Singapore and many more.

Leave a Reply:

Only registered users can post comments.

Find More Products & Services