Asiabizservices Assists Foreigners Process Singapore Work Pass Visas
Singapore Company Formation Service, We provide company registration,incorporation, immigration, accounting and taxation services to entrepreneurs and businesses worldwide.
by Justin Fox Monday, April 18, 2011
People with medium-level of skills to no skills at all will apply for a Work Permit. “The Work Permit is created for laborers in a construction industry, marine industry, or factories. They could also be domestic helpers,” says Asiabiz Services.
“Employers must apply the Work Permit and pay for the necessary fees before the foreign individual can start working in the chosen area,” Asiabiz adds, “the employers should also abide with the rules prepared by the government for the protection of the Work Permit holder such as the welfare and remunerations.”
Investors whose profession is within entrepreneurship sans the tertiary level of education should apply for an Entrepreneur pass, designed exclusive for businessmen.
“If you hold the Entrepreneur pass, you cannot seek employment from another company, except the one with which you sough to be registered in Singapore,” Asiabiz describes the nature of such visa.
It continues: “Its approval is based on the amount of investment capital, the feasibility of a business proposal, and the strength of entrepreneurial skills.”
An Entrepreneur pass is first sought before the company is registered. The Ministry of Manpower requires a 10-page of business proposal highlighting the business goals, specifying the product or service offered, and choosing marketing strategies.
Asiabiz can assist businessmen in this requirement. Its team of accountants is skillful in all aspects concerning a business, including accounting, of course.
“Only after the labor pass is released shall the company commence in its incorporation,” says the business consultant.
Foreign professionals earning their Bachelor of Arts degree from a reputable university and college may apply for an Employment pass if they aspire to seek employment or business opportunities in Singapore.
“An Employment pass is categorized according to the holder’s monthly salary. The Q1 is for those whose earning reach S$2,800, P2 is given to those who receive S$4,000 monthly, while P1 requires a monthly wages amounting to S$8,000 and above,” chimes the consultant.
Employees shall submit their requirements to the employing companies which shall process and pay for the fees of the application. In turn, the applications are channeled through a professional firm such as the Asiabiz.
On the other hand, Asiabiz chimes: “Investors must first register the company before the Employment pass is applied.”
The S pass or Specialist pass is on a point-system. Although its holders are also professionals, they fall short of some requirements to qualify for a Q1 pass.
About the Publisher:
Asiabizservices offers one-stop business solutions to companies, particularly, those that are managed and owned by foreign investors. Since its inception, Asiabizservices has successfully helped foreign entrepreneurs form a Singapore company. Among its specializations are Singapore company setup, corporate services, accounting services, nominee services, company registration, whether as a sole proprietorship, private limited, limited liability partnership; offshore company formation, incorporation of foreign companies either as a branch or subsidiary office, accounting services including payroll preparation and more.
Asiabizservices is the leading provider of Singapore Company Incorporation services and has successfully helped thousands of both local and foreign entrepreneurs Incorporate a Singapore Company. It also provides chartered secretarial services.
For more information visit:
AsiaBizServices PTE LTD
address: 120 Telok Ayer Street Singapore 068589
Asiabiz Services is a business solutions and processes provider based in Singapore. It reaches out to companies, employees, and individuals in all their business needs and requirements.
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