SlideShare a Scribd company logo
1 of 2
Download to read offline
Comprehensive Guide on Singapore Employment Pass By Rikvin

With Singapore’s developing economy and ideal location, foreign firms have always
regarded this country among the most ideal business centers in the Asia Pacific
region, according to a professional business registration firm, Rikvin.

For foreign entrepreneurs who would like to setup a Singapore company and
transfer in the country, the most essential thing they should do is to submit an
application for Employment Pass, which is a visa, released to those people with
entrepreneurial skills. Meanwhile, this pass is also given to investors, managing
directors, professionals, and high-ranking personnel.

According to Rikvin, a top business registration company in Singapore, standard
requirements should be complied in order to be approved for an Employment Pass,
among which are having a minimum monthly salary rate of S$2500, a good
educational background, a preferable work related experience or entrepreneurial
background and potentials, and entrepreneurial skills for businessmen.

Rikvin also emphasized that the four basic requirements are the basis of assessment
of Singapore’s Ministry of Manpower (MOM). Other factors that are being
considered are status of a company, its paid up capital and the applicant’s age and
current citizenship.

For first time people, the Singapore Employment Pass is valid for two years while
foreigners who have stayed longer in the country are needed to renew this visa
every three years. At the same time, this pass can be renewed as long as the holders
will continue on their business operation or employment in Singapore. In most cases,
Employment Pass holders are eligible for permanent resident status just six months
after staying in the city-state. But still, Rikvin recommends people from other
countries to hold out at least two years in order to have a higher chance of being
permitted.

“For foreigners who would prefer to have their family with them as they relocate, we
recommend that you secure an Employment Pass. An employment pass allows a
foreigner to bring his spouse and unmarried children under 21 years old who are
usually given permission to study, work and love freely in Singapore.” Rikvin added.

Just like almost any other licenses or permits, an employment pass should also be
renewed in order to enjoy its benefits and continue business operation in the
country.

Rikvin concluded with some useful tips on how to have a smooth process in securing
an employment pass and how to handle cases when application is rejected.


About the Publisher:
Rikvin has successfully provided foreign and local entrepreneurs assistance to form a
Singapore company. The firm provides a full spectrum of corporate services under
one roof for Singapore company registration, accounting, tax, work pass and related
compliance services for individuals and companies worldwide.

Our office is located at Raffles Place, in the heart of the Singapore business district.
("CBD") If you are in our neighborhood and want to discuss any aspect of our service
then feel free to come in to our offices during business hours. Appointments are
welcome but definitely not necessary.


Rikvin PTE LTD
20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
Main Lines: (65) 6438 8887
Fax (65) 6438 2436
http://www.rikvin.com

More Related Content

More from shaynehughes

Singapore company formation at rikvin
Singapore company formation at rikvinSingapore company formation at rikvin
Singapore company formation at rikvinshaynehughes
 
Singapore work visa information at rikvin
Singapore work visa information at rikvinSingapore work visa information at rikvin
Singapore work visa information at rikvinshaynehughes
 
Singapore accounting services by rikvin
Singapore accounting services by rikvinSingapore accounting services by rikvin
Singapore accounting services by rikvinshaynehughes
 
Taxation singapore income tax by rikvin
Taxation  singapore income tax by rikvinTaxation  singapore income tax by rikvin
Taxation singapore income tax by rikvinshaynehughes
 
Quick guide on personal income tax in singapore
Quick guide on personal income tax in singaporeQuick guide on personal income tax in singapore
Quick guide on personal income tax in singaporeshaynehughes
 
Singapore work visa types discussed by rikvin
Singapore work visa types discussed by rikvinSingapore work visa types discussed by rikvin
Singapore work visa types discussed by rikvinshaynehughes
 
Rikvin on singapore accounting services
Rikvin on singapore accounting servicesRikvin on singapore accounting services
Rikvin on singapore accounting servicesshaynehughes
 
Rikvin on singapore accounting services
Rikvin on singapore accounting servicesRikvin on singapore accounting services
Rikvin on singapore accounting servicesshaynehughes
 
Singapore work visa schemes discussed by rikvin
Singapore work visa schemes discussed by rikvinSingapore work visa schemes discussed by rikvin
Singapore work visa schemes discussed by rikvinshaynehughes
 
Rikvin consulting – singapore company registration
Rikvin consulting – singapore company registrationRikvin consulting – singapore company registration
Rikvin consulting – singapore company registrationshaynehughes
 
Rikvin – servicing all your work visa needs
Rikvin – servicing all your work visa needsRikvin – servicing all your work visa needs
Rikvin – servicing all your work visa needsshaynehughes
 
Rikvin singapore company incorporation guide
Rikvin singapore company incorporation guideRikvin singapore company incorporation guide
Rikvin singapore company incorporation guideshaynehughes
 
Rikvin singapore employment pass
Rikvin singapore employment passRikvin singapore employment pass
Rikvin singapore employment passshaynehughes
 
Rikvin singapore entrepreneur pass
Rikvin singapore entrepreneur passRikvin singapore entrepreneur pass
Rikvin singapore entrepreneur passshaynehughes
 
Rikvin singapore entrepreneur pass
Rikvin singapore entrepreneur passRikvin singapore entrepreneur pass
Rikvin singapore entrepreneur passshaynehughes
 
Rikvin financial investor scheme
Rikvin financial investor schemeRikvin financial investor scheme
Rikvin financial investor schemeshaynehughes
 
Rikvin singapore personal tax
Rikvin singapore personal taxRikvin singapore personal tax
Rikvin singapore personal taxshaynehughes
 
Asia biz singapore personal tax
Asia biz singapore personal taxAsia biz singapore personal tax
Asia biz singapore personal taxshaynehughes
 
Rikvin singapore cpf rates sdl levy
Rikvin   singapore cpf rates sdl levyRikvin   singapore cpf rates sdl levy
Rikvin singapore cpf rates sdl levyshaynehughes
 
Asia biz singapore entrepreneur pass
Asia biz singapore entrepreneur passAsia biz singapore entrepreneur pass
Asia biz singapore entrepreneur passshaynehughes
 

More from shaynehughes (20)

Singapore company formation at rikvin
Singapore company formation at rikvinSingapore company formation at rikvin
Singapore company formation at rikvin
 
Singapore work visa information at rikvin
Singapore work visa information at rikvinSingapore work visa information at rikvin
Singapore work visa information at rikvin
 
Singapore accounting services by rikvin
Singapore accounting services by rikvinSingapore accounting services by rikvin
Singapore accounting services by rikvin
 
Taxation singapore income tax by rikvin
Taxation  singapore income tax by rikvinTaxation  singapore income tax by rikvin
Taxation singapore income tax by rikvin
 
Quick guide on personal income tax in singapore
Quick guide on personal income tax in singaporeQuick guide on personal income tax in singapore
Quick guide on personal income tax in singapore
 
Singapore work visa types discussed by rikvin
Singapore work visa types discussed by rikvinSingapore work visa types discussed by rikvin
Singapore work visa types discussed by rikvin
 
Rikvin on singapore accounting services
Rikvin on singapore accounting servicesRikvin on singapore accounting services
Rikvin on singapore accounting services
 
Rikvin on singapore accounting services
Rikvin on singapore accounting servicesRikvin on singapore accounting services
Rikvin on singapore accounting services
 
Singapore work visa schemes discussed by rikvin
Singapore work visa schemes discussed by rikvinSingapore work visa schemes discussed by rikvin
Singapore work visa schemes discussed by rikvin
 
Rikvin consulting – singapore company registration
Rikvin consulting – singapore company registrationRikvin consulting – singapore company registration
Rikvin consulting – singapore company registration
 
Rikvin – servicing all your work visa needs
Rikvin – servicing all your work visa needsRikvin – servicing all your work visa needs
Rikvin – servicing all your work visa needs
 
Rikvin singapore company incorporation guide
Rikvin singapore company incorporation guideRikvin singapore company incorporation guide
Rikvin singapore company incorporation guide
 
Rikvin singapore employment pass
Rikvin singapore employment passRikvin singapore employment pass
Rikvin singapore employment pass
 
Rikvin singapore entrepreneur pass
Rikvin singapore entrepreneur passRikvin singapore entrepreneur pass
Rikvin singapore entrepreneur pass
 
Rikvin singapore entrepreneur pass
Rikvin singapore entrepreneur passRikvin singapore entrepreneur pass
Rikvin singapore entrepreneur pass
 
Rikvin financial investor scheme
Rikvin financial investor schemeRikvin financial investor scheme
Rikvin financial investor scheme
 
Rikvin singapore personal tax
Rikvin singapore personal taxRikvin singapore personal tax
Rikvin singapore personal tax
 
Asia biz singapore personal tax
Asia biz singapore personal taxAsia biz singapore personal tax
Asia biz singapore personal tax
 
Rikvin singapore cpf rates sdl levy
Rikvin   singapore cpf rates sdl levyRikvin   singapore cpf rates sdl levy
Rikvin singapore cpf rates sdl levy
 
Asia biz singapore entrepreneur pass
Asia biz singapore entrepreneur passAsia biz singapore entrepreneur pass
Asia biz singapore entrepreneur pass
 

Recently uploaded

trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdfMintel Group
 
Pitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deckPitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deckHajeJanKamps
 
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...Hector Del Castillo, CPM, CPMM
 
Simplify Your Funding: Quick and Easy Business Loans
Simplify Your Funding: Quick and Easy Business LoansSimplify Your Funding: Quick and Easy Business Loans
Simplify Your Funding: Quick and Easy Business LoansNugget Global
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterJamesConcepcion7
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Aggregage
 
Customizable Contents Restoration Training
Customizable Contents Restoration TrainingCustomizable Contents Restoration Training
Customizable Contents Restoration TrainingCalvinarnold843
 
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...PRnews2
 
Welding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsWelding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsIndiaMART InterMESH Limited
 
Data Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and TemplatesData Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and TemplatesAurelien Domont, MBA
 
Technical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamTechnical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamArik Fletcher
 
14680-51-4.pdf Good quality CAS Good quality CAS
14680-51-4.pdf  Good  quality CAS Good  quality CAS14680-51-4.pdf  Good  quality CAS Good  quality CAS
14680-51-4.pdf Good quality CAS Good quality CAScathy664059
 
Psychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh JiPsychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh Jiastral oracle
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfJamesConcepcion7
 
Rakhi sets symbolizing the bond of love.pptx
Rakhi sets symbolizing the bond of love.pptxRakhi sets symbolizing the bond of love.pptx
Rakhi sets symbolizing the bond of love.pptxRakhi Bazaar
 
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...Operational Excellence Consulting
 
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...SOFTTECHHUB
 
Implementing Exponential Accelerators.pptx
Implementing Exponential Accelerators.pptxImplementing Exponential Accelerators.pptx
Implementing Exponential Accelerators.pptxRich Reba
 

Recently uploaded (20)

trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdftrending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
trending-flavors-and-ingredients-in-salty-snacks-us-2024_Redacted-V2.pdf
 
Pitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deckPitch Deck Teardown: Xpanceo's $40M Seed deck
Pitch Deck Teardown: Xpanceo's $40M Seed deck
 
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
How Generative AI Is Transforming Your Business | Byond Growth Insights | Apr...
 
Simplify Your Funding: Quick and Easy Business Loans
Simplify Your Funding: Quick and Easy Business LoansSimplify Your Funding: Quick and Easy Business Loans
Simplify Your Funding: Quick and Easy Business Loans
 
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptxThe Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
The Bizz Quiz-E-Summit-E-Cell-IITPatna.pptx
 
Healthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare NewsletterHealthcare Feb. & Mar. Healthcare Newsletter
Healthcare Feb. & Mar. Healthcare Newsletter
 
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
Strategic Project Finance Essentials: A Project Manager’s Guide to Financial ...
 
Customizable Contents Restoration Training
Customizable Contents Restoration TrainingCustomizable Contents Restoration Training
Customizable Contents Restoration Training
 
WAM Corporate Presentation April 12 2024.pdf
WAM Corporate Presentation April 12 2024.pdfWAM Corporate Presentation April 12 2024.pdf
WAM Corporate Presentation April 12 2024.pdf
 
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...
Introducing the AI ShillText Generator A New Era for Cryptocurrency Marketing...
 
Welding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan DynamicsWelding Electrode Making Machine By Deccan Dynamics
Welding Electrode Making Machine By Deccan Dynamics
 
Data Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and TemplatesData Analytics Strategy Toolkit and Templates
Data Analytics Strategy Toolkit and Templates
 
Technical Leaders - Working with the Management Team
Technical Leaders - Working with the Management TeamTechnical Leaders - Working with the Management Team
Technical Leaders - Working with the Management Team
 
14680-51-4.pdf Good quality CAS Good quality CAS
14680-51-4.pdf  Good  quality CAS Good  quality CAS14680-51-4.pdf  Good  quality CAS Good  quality CAS
14680-51-4.pdf Good quality CAS Good quality CAS
 
Psychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh JiPsychic Reading | Spiritual Guidance – Astro Ganesh Ji
Psychic Reading | Spiritual Guidance – Astro Ganesh Ji
 
WSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdfWSMM Media and Entertainment Feb_March_Final.pdf
WSMM Media and Entertainment Feb_March_Final.pdf
 
Rakhi sets symbolizing the bond of love.pptx
Rakhi sets symbolizing the bond of love.pptxRakhi sets symbolizing the bond of love.pptx
Rakhi sets symbolizing the bond of love.pptx
 
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
The McKinsey 7S Framework: A Holistic Approach to Harmonizing All Parts of th...
 
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
How To Simplify Your Scheduling with AI Calendarfly The Hassle-Free Online Bo...
 
Implementing Exponential Accelerators.pptx
Implementing Exponential Accelerators.pptxImplementing Exponential Accelerators.pptx
Implementing Exponential Accelerators.pptx
 

Comprehensive guide on singapore employment pass by rikvin

  • 1. Comprehensive Guide on Singapore Employment Pass By Rikvin With Singapore’s developing economy and ideal location, foreign firms have always regarded this country among the most ideal business centers in the Asia Pacific region, according to a professional business registration firm, Rikvin. For foreign entrepreneurs who would like to setup a Singapore company and transfer in the country, the most essential thing they should do is to submit an application for Employment Pass, which is a visa, released to those people with entrepreneurial skills. Meanwhile, this pass is also given to investors, managing directors, professionals, and high-ranking personnel. According to Rikvin, a top business registration company in Singapore, standard requirements should be complied in order to be approved for an Employment Pass, among which are having a minimum monthly salary rate of S$2500, a good educational background, a preferable work related experience or entrepreneurial background and potentials, and entrepreneurial skills for businessmen. Rikvin also emphasized that the four basic requirements are the basis of assessment of Singapore’s Ministry of Manpower (MOM). Other factors that are being considered are status of a company, its paid up capital and the applicant’s age and current citizenship. For first time people, the Singapore Employment Pass is valid for two years while foreigners who have stayed longer in the country are needed to renew this visa every three years. At the same time, this pass can be renewed as long as the holders will continue on their business operation or employment in Singapore. In most cases, Employment Pass holders are eligible for permanent resident status just six months after staying in the city-state. But still, Rikvin recommends people from other countries to hold out at least two years in order to have a higher chance of being permitted. “For foreigners who would prefer to have their family with them as they relocate, we recommend that you secure an Employment Pass. An employment pass allows a foreigner to bring his spouse and unmarried children under 21 years old who are usually given permission to study, work and love freely in Singapore.” Rikvin added. Just like almost any other licenses or permits, an employment pass should also be renewed in order to enjoy its benefits and continue business operation in the country. Rikvin concluded with some useful tips on how to have a smooth process in securing an employment pass and how to handle cases when application is rejected. About the Publisher:
  • 2. Rikvin has successfully provided foreign and local entrepreneurs assistance to form a Singapore company. The firm provides a full spectrum of corporate services under one roof for Singapore company registration, accounting, tax, work pass and related compliance services for individuals and companies worldwide. Our office is located at Raffles Place, in the heart of the Singapore business district. ("CBD") If you are in our neighborhood and want to discuss any aspect of our service then feel free to come in to our offices during business hours. Appointments are welcome but definitely not necessary. Rikvin PTE LTD 20 Cecil Street, #14-01, Equity Plaza, Singapore 049705 Main Lines: (65) 6438 8887 Fax (65) 6438 2436 http://www.rikvin.com