Thursday, 15 May 2014

Employment Pass in Singapore

Employment Pass in Singapore


Employment Pass (EP) is a type of work pass issued to foreign directors, professional employees, managers, and of Singapore companies.
An Employment Pass Singapore holder does not have any levy or CPF, however, it is only issued for one to two years at a time and has to be renewed. An Employment Pass Singapore enables the holder to work, stay in Singapore & travel in and out of Singapore freely without applying for VISAs to enter Singapore.
Please note that you can choose to apply for Entrepreneur Pass Singapore before you setup your company in Singapore.
However, it is more difficult to renew the entrepreneur pass Singapore subsequently.
Check out the renewal criteria of the Entrepreneur Pass: Stringent Entrepreneur Pass Renewal

Fees Schedule For Application of Employment Pass

Initial Processing Fees: S$850 (Non-Refundable Processing Fees)
Additional Approval Fees: S$1500 (Approval Fees upon approval of Employment Pass Singapore, receipt of IPA of Employment Pass Singapore) excludes MOM card issuance fees and medical checkup fees.
MOM License: 14C7111

Singapore Employment Pass Criteria

With effect of 1 July 2011, Employment Pass Singapore Applicants will need to withdraw a fixed salary of over S$2,800 a month, a Bachelor’s degree and above from a reputable university and have relevant professional experience.
With effect of 1 July 2011, the salary threshold for the following employment passes would be:
  • P1 Pass: for applicants with a base salary of above S$8,000 a month.
  • P2 Pass: for applicants with a base salary between S$4,000 and S$8,000 a month.
  • Q1 Pass: for applicants with a base salary between S$2,800 and S$4,000 a month.

Passes for Family Members

Employment Pass applicants may apply for the Dependant’s Pass (DP) and/or Long Term Visit Pass (LTVP) for their family members. The DP/LTVP application and supporting documents may be handed in together with the Employment Pass application or separately.

Dependent Pass

Both P and Q1 Pass holders can apply for a Dependant Pass for their:
  • Spouse
  • Unmarried or legally adopted children under 21 years of age

Long Term Visit Pass

P Pass holders can also apply for a Long Term Visit Pass for their:
  • Common-law Spouse
  • Unmarried daughters above 21 years old
  • Handicapped children above 21 years old
  • Step-children under 21 years old
  • Parents and parents-in-law

Documents Required for Employment Pass

The following documents are required for submission of Employment Pass visa application in Singapore:
  • Resume containing the applicant’s education details with period of education stated clearly (Example: From DD/MM/YYYY to DD/MM/YYYY format), work experience with period of work & salary stated clearly (Example: From DD/MM/YYYY to DD/MM/YYYY format)
  • If applicant is married, Passport copy of spouse & Marriage Certifcate is required (Translated to English if certificates is not in English)
  • Resume containing the applicant’s spouse education details with period of education stated clearly (Example: From DD/MM/YYYY to DD/MM/YYYY format), work experience with period of work & salary stated clearly (Example: From DD/MM/YYYY to DD/MM/YYYY format)
  • Copies of educational certificates and transcripts (Translated to English if certificates is not in English)
  • Previous employment testimonials (Translated to English if certificates is not in English)
  • Passport-size photograph taken within the past three months
  • Copy of personal particulars page of the applicant’s passport, pages with VISAs from any country endorsed
  • Business profile for the Singapore company (Recommended Paid-up Capital of S$10,000, Furnish Bank Proof of S$10,000)
  • Detailed description of the duties to be performed by the applicant
  • Salary to be drawn by the applicant
  • Detailed description of activities and/or products of the company
  • Tenancy agreement of the place of business operations in Singapore (if any)

Approval of Employment Pass Singapore

Please be noted that MOM and SPRING Singapore takes into consideration the applicant’s qualifications, work/business experience when reviewing Entrepreneur Pass Applications. Hence not all applications would be approved.
 
If the Employment Pass application is rejected, a free 1 time Employment Pass Singapore appeal would be filed and the processing of an appeal application can take another 2-3 weeks

Local Recruitment Services

Local Recruitment Services

Our Local Recruitment Division specialize in the following employment services to assist and provide human resource solutions locally:


Executive SearchOur Executive Search practice focuses on the provision of senior / Junior Finance, Human Resource Clerical Executive and Technology professionals to organizations throughout Singapore. Each search commences with a detailed briefing from the client allowing our consultants to comprehend the type of individual being sought, the role and the organizational context and so forth, prior to moving to the research phase.

Permanent Placement
This is the prevailing practice of engagement to have the incumbent working under the client’s payroll. Our agency act as an effective source for candidates, screening and sieving out to find the most suitable candidates based on our client’s needs, criteria and company culture.


Temporary / Contract Placement
For assignments or project works that require a specific period of commitment or when headcounts are of a business concern, we are able to provide personnel on a contract basis. In accordance with the clients’ project demands or assignment nature, the additional staff can be placed under our ageny’s payroll with the administration of compensation and benefits managed via our company.

Thursday, 10 April 2014

Recruitment Agencies Services

I have been challenged quite a lot recently to explain my views on how agencies will be relevant & progress in the coming years. I was first asked if agencies would still be around in 2020. The realistic answer to that is “who knows?” Not who knows if agencies will be around and still be relevant in 2020, but who knows what will be relevant and current in 6 years’ time.The pace of change is such that it is often hard to see beyond 12 months.

What I can advise is the best way to stay current, and that’s to stay connected. When I talk to corporate hiring teams about what they will pay a fee for, the answer usually comes down to something we can’t do ourselves, or someone we can’t reach. That might mean unique relationships with candidates where a high degree of trust exists, or it might mean genuine specialist knowledge where the recruiter is uniquely placed to offer best advice.
In both these cases, I think we are coming down to the same things in terms of what agency recruiters should be focussing on right now:
1. Focus on a niche
2. Identify all the talent
3. Build relationships across the niche with hirers and candidates
4. Build a personal brand within the niche
5. Focus narrow (niche), spread your wings wide (geography)
6. Increase reach, network and knowledge daily
7. Add to the range of services billed for and on offer

Accountig Services

I am offering Freelance bookkeeping service - Islandwide

Hi, My name is Lucy Ng, I am offering Freelace Book-keeping Services for company who is looking to out-source their Accounting to save money and time recruiting staff and training them. The greatest benefit to it is that the company can avoid their accounting being left behind in case an in-house employee left. My charges are consider very cheap compare to having a full time staff. Below are some simple charges that I charged for monthly accounting :

- Low volume transactions per month - $150 - $250 per month

- Medium volume transactions per month - $250 to $600

- High volume transactions per month - $600 to $1500

- Quarterly bookkeeping service - from $800 onwards

- Yearly bookkeeping service - from $1200 onward

Preparing Profit and Loss accounts,
Balance sheet,
Bank Reconciliation,
Cash flow statement,
Accounts payable,
Accounts Receivable,
Petty Cash Account
Monthly Profit statement,
Maintain payroll,
Fixed assets and other accounting worksheet

Other Services
Many business activities in Singapore are regulated and a license is required before commencing activities. Even though Singapore has streamlined its licensing processes significantly, most business owners prefer to engage a professional services firm for their knowledge and expertise.

I can help assist you with obtaining the necessary licenses and permit for your business. Myself I have been in this industry and have help many client obtain license such as MOE registration, MOH License for import of medical equipment etc.., NEA license etc..I am intimately familiar with the nuances of various industriesin Singapore and can act as an extension of your team

If you need more information, feel free to call me / Sms / Watapps me

Mobile : 90076355
Skype : lucyrecruit