Singapore's Change in Employment Pass Sponsorship Policy
Tuesday, 6 August 2024, 16:26
Changes to Employment Pass Sponsorship in Singapore
The Singapore Ministry of Manpower (MOM) announced a new mandate regarding employment passes for foreign workers.
Key Details
- Non-Singapore entities can no longer engage an Employer of Record (EOR) to sponsor employment passes.
- This regulation impacts how U.S. and other international businesses operate in Singapore.
- Companies must now explore other options for hiring foreign talent.
Conclusion
With these changes, firms must navigate the new requirements effectively. Seeking compliance in this evolving regulatory environment is essential for companies aiming to employ foreign workers in Singapore.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.