|
Singapore: Labour Regulation |
BACK
TO SINGAPORE
INFORMATION: BUSINESS, TAXATION AND INVESTMENT |
On
this Page:
- SINGAPORE
REGULATORY ENVIRONMENT
- SINGAPORE WORK PERMITS
- SINGAPORE SOCIAL SECURITY
Singapore
Regulatory Environment
Labour
regulation is managed by the Ministry of Manpower.
Employers are required to comply with health
and safety regulations, industrial relations
guidance, and good employment practices and
guidelines. Employers are also required to give
serious consideration to the employment of foreign
workers and foreign domestic workers and to
understand and meet the various responsibilities
required of them. Foreign worker levies must
be paid, which range from SGD50 to SGD470 per
month depending on the sector in which the foreign
worker is employed, and their skill level.
Labour
relations legislation is as follows:
-
The
Employment Act 1968
-
The Employment (Part-Time Employees) Regulations
1996
-
The Employment (Children and Young Persons)
Regulations
-
The Employment (Female Workmen) Regulations
-
The Retirement Age Act 1993
-
The Industrial Relations Act 1960
-
The Trade Unions Act 1940
-
The Trade Disputes Act 1941
-
The Criminal Law (Temporary Provisions) Act,
Part III
-
The Singapore Labour Foundation Act 1977
-
The Children Development Co-Savings Act, Part
III (in relation to maternity benefits)
Singapore
Work Permits
Work
permits are issued by the Ministry of Manpower.
An administrative fee of SGD10 is charged for
every work permit application submitted. Applications
can be made via WP Online, via an employment
agency, or manually.
Foreign
visitors seeking employment in Singapore can
apply for a one-year, non-renewable visit pass.
Fees are SGD30 for processing, SGD60 for issuance,
and SGD40 where an extension is applied for.
If a visa is required, there is an additional
fee of SGD30. Processing time is around four
weeks.
For
further details on visas and residency issues,
see Country
and Foreign Investment: Singapore Entry and
Residence.
Singapore
Social Security
Employers,
employees and the self-employed are required
to make contributions to the Central Provident
Fund (CPF). Rates vary in accordance with the
sector in which the employee works, the age
of the employee, and whether a Singapore Permanent
Resident (SPR) has been resident in Singapore
for one or two years.
For
example, an SPR employed in the private sector,
aged between 36 and 45, and in his or her second
year of residence in Singapore contributes 15%
of his or her wage. The employer contributes
9%.
The
overall scope and benefits of the CPF encompass
retirement, healthcare, home ownership, family
protection and asset enhancement. Full details
can be found on the Central Provident Fund Board’s
website.
|
|
BACK
TO SINGAPORE
INFORMATION: BUSINESS, TAXATION AND INVESTMENT |
|
|
Strategic Partners
Lowtax Network Portal: 'Low-tax' business and investment in the top
50 jurisdictions covered in exceptional detail.
Tax News: Global tax news, continuously updated through the day.
Investors
Offshore: The independent offshore and alternative investment guide
for expatriates and the globally aware investor.
Law & Tax News: Daily
news and background data on tax and legal developments for international business.
Offshore-e-com: A topical
guide to offshore e-commerce focused on tax and regulation.
Lowtax Library: One of
the web's largest and most authoritative business and investment information
sources.
US Tax Network: The resource
for free online US taxation information, covering: corporate tax, individual
tax, international tax, expatriates, sales and e-commerce tax, investment
tax.
Personal Business Tax
Guide: Providing essential tax news and information on business for
contractors, entrepreneurs, professionals, small businesses, artists, sportspersons
and entertainers.
Offshore
Trusts Guide: OTG publishes news, features and newsletters on the
use of offshore trust structures.
TreatyPro:
The online tax treaty resource.
|
Lowtax Library
One of the web's largest and most authoritative business and investment
information sources. Alongside topical, daily news on worldwide
tax developments, you can receive weekly newswires or
access up-to-date intelligence
reports on a range of legal, tax and investment subjects.
FREE TRIAL
NEWS SUBSCRIPTION
Our 16 constantly updated intelligence
reports cover every important aspect of 'offshore' and international
tax-planning in depth, including banking secrecy, the EU's savings tax
directive, offshore funds, e-commerce, offshore gaming and transfer
pricing. Reports are available for immediate downloading or as subscription
services with news pages.
|
Advertising
& Marketing
With over 50,000 qualified readers every month our web-sites offer
a number of cost effective, targeted advertising, sponsorship and marketing
opportunities:
- Display advertising - from 'skyscrapers' to 'buttons'
- Content/article submission and sponsorship
- Opt-in email marketing
- On-line Services Directory listings
Click
here to learn more or contact Charles Bell on +44 (0)1424 205 425
or at charles@bsi-media.com
and he will put you in touch with your regional rep.
|
News & Content
Solutions
Could your corporate web-site or newsletter benefit from incorporating
regularly updated news and content tailored to serve your clients' interests?
We can provide a variety of maintenance-free news and content solutions
that can be seamlessly integrated and dynamically delivered:
- Customised, personalised 'own-brand' news services
- Newsletter content and management
- News Headline Tickers
Click here
to learn more or contact Charles Bell on +44 (0)1424 205 425 or at charles@bsi-media.com
and he will put you in touch with your regional rep.
|
|
|