Asiabiz Talks About The Specifics of Singapore Employment Pass 

Singapore Company Formation Service, We provide company registration,incorporation, immigration, accounting and taxation services to entrepreneurs and businesses worldwide.

by Nichol Anapoli Monday, November 15, 2010
Before any foreigner can commence with his business operations in Singapore, he needs to secure an Employment Pass.

Treated as the principal working visa in the city-state, the Ministry of Manpower can only allow foreign individuals to apply for an EP following a complete incorporation of their company.

Asiabiz, a business firm based in the heart of Singapore and which has been invited by media to tackle about Singapore’s visas, says there are 3 conditions under which foreigners can apply for a working visa.

“If they are an entrepreneur, a business executive, shareholder of companies registered and incorporated in Singapore, professional, or managing director seeking relocation, they are eligible to hold an EP.”

“The second premise is when they have locally incorporated a business enterprise and they need to hire foreigners to constitute their workforce,” Asiabiz adds.

To continue, Asiabiz says, “Finally, for those who received an offer to work locally, the employing company shall facilitate the process of Singapore Employment Pass on their behalf.”

Singapore’s reputation being the world’s 4th largest financial center and the easiest place to do business for 2011 can be attributed to the city-state’s insatiable thirst and remarkable prowess for scrutinizing talents from foreign lands.

“Besides having a minimum monthly earning not below than S$2,500, foreigners must prove their professional qualifications, educational attainment, specializations, and relevant work experience,” Asiabiz says.

Further, the Ministry of Manpower assesses the applicant’s qualifications on other points including the reputation of the company, his citizenship, roles and responsibilities, salary, age, and the company paid-up capital.

While the Ministry deems it a primary factor that foreigners have earned their college degree or posses a diploma, the same cannot be disqualified in its absence, provided that they have impressive compensating attributes.

Needless to say, foreign individuals can accelerate the process of their EP if they employ the services of a business firm engaging in that business matters like Asiabiz. It is also mandatory.

“That is part of our job description,” beames Asiabiz growing excited in the discussion, “foreigners can rely upon us to process their working visa.”

“Documents such as the applicant’s resume or curriculum vitae specifying the educational and employment details, hard copy of Original Transcript of Records and educational certificates, certificate of employment, and personal page of their passport are submitted to our office for processing.”

Generally, it takes 2 weeks for the Ministry of Manpower to release the authorization code, which is a pre-requisite to submission of an EP application.

“After the ministry releases the code, the EP application is submitted online and which will take another 2 weeks for its process to complete,” continues Asiabiz, “then an In-principle approval notification is sent to the applicant by the ministry via e-mail indicating an approval.”

During the collection of the EP, the IPA letter must be printed together with other pertinent documents like recent passport size photo, original passport with the entry embarkation cards, and medical exam result, as these should be presented before the Work Pass Division of the Ministry of Manpower.

“Foreigners can have their medical examination in the country of their origin through a reputable clinic or hospital,” Asiabiz further elaborates, “or they can do that in the local clinics which can have the result on the same day.”

It may be that the while the process takes place, the foreign individual is offshore. If such is the case, the IPA features an inherent one-time journey entry visa for the sole purpose of collecting the EP physically at the appointed office in Singapore.

In most cases, entrepreneurs authorize their agent to claim the EP on their behalf, however.

Like what happens most often with Asiabiz, in almost all the time it processes the working visas of foreigners.

“Our reputation precedes our business name,” says Asiabiz in conclusion of the discussion.

About the publisher:
AsiaBiz is a company that provides Singapore Company Registration services to local and foreign entrepreneurs and investors and offer consultation regarding the immigration and taxation law, Singapore accounting services and book keeping requirements, and other compliance matters stated under the Singapore law.

For more information:
AsiaBizServices.com
address: 120 Telok Ayer Street Singapore 068589
phone: +6563034614
email: sales@asiabizservices.com
website: http://www.asiabizservices.com

Singapore Company Formation Service, We provide company registration,incorporation, immigration, accounting and taxation services to entrepreneurs and businesses worldwide.

General | Categories: financial, business
0    submitted by Nichol Anapoli
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