Posts Tagged ‘Singapore’

07.25
15

Types Of Employment Pass In Singapore

by como ·

If you are planning to put up a business in Singapore or just live and work there, it is important to consider some legal factors to make your stay a legit one.There are many choices for what should be the employment pass you need to get for you and your family.

When it comes to employment pass in Singapore the two main consideration is the salary and education.Work experience so do your age and nationality will also be a consideration.

Provided that several people are certain of a minimum of ONE factor of their employment criteria, employment pass options will be presented around key individual criterion to expedite identification of the employment alternatives available to you. Given below are the key variables that may affect the corresponding work pass options.

The Regular Employment Pass

This pass is split into 3 different categories (P1, P2, Q1) and is largely dependent on salary requirements.For P1 the salary should be above S$7, 000, for P2 it should be above S$2, 500 and Q1 is above S$2, 500.A diploma or certificate from a prestigious is required for EP.This will be on case to case basis.If an employer wants to hire an individual, they should take care of the EP for them as well as provide sponsorship for them.Therefore, the EP is only valid for the specific job it states, and if you leave that job, you will require a new EP.EP holder’s family will now be permitted for Dependents Pass that will be valid along with EP.Even if the family will not be given the chance to have the dependent pass, they will still be given the chance to have a Long Term Visit Pass (LTVP).This does not apply for Q1 holder family members.Having a DP or LTVP alone, does not allow the pass holder to work in Singapore, a relevant work pass is required.

Personalized Employment Pass

Personalized EP will be applicable to foreign individuals whose monthly salary is minimum of S$7,000, foreigners who graduate from Singapore universities, as well as current and former P1 holders whose last salary was above S$30,00 annually and current P2 and Q1 holders with at least S$30, 000 annually.Salary and work experience is being considered and that the individual should not be unemployed for six months so that he/she will be allowed to apply. Personalized Employment Pass holders’ families are eligible for Dependent’s Pass as well as Long Term Visit Pass.

EntrePass

For investors and foreign individuals who want to put up a business in Singapore, EntrePass would best fits them.The main requirement to be eligible for an EntrePass is to have a company registered with ACRA, the organization that deals with Company Registration in Singapore.Q1 and P are the two types of EntrePass which largely depends on the salary. The main things needed for an EntrePass are, the company should have a minimum paid up capital of at least S$50, 000 and 30% ownership and that the individual is active in the whole operation of the business.Owners of coffee shops, bars and night clubs are not allowed to apply for an EntrePass.The legit family of EntrePass holders are now permitted to apply for Dependent Pass and Long Term Visit Pass.

Dependent’s Pass

Dependent Pass will be applicable to family members of Singapore EP holders, Personalized EP holders, EntrePass holders and S Pass holders.Requirements should be met first before applying for dependent pass.Spouse of the holder and child of the holder who is below 21 years old is allowed.New born babies, legally adapt children and step children are also accepted. Past the age of 21, some DP holders who are the children of the work pass holder may be eligible to apply for a Long Term Visit Pass.The valid duration of EP, Personalized EP, EntrePass or S pass is the same with DP. DP holders are permitted to work in Singapore but should have a work permit.Working in Singapore is not allowed in DP but living and studying are only the inclusions.

Long Term Visit Pass

Long term visit pass will be applicable to the family of P1 and P2 EP, P1 and P2 Personalized Ep and P EntrePass holders.Common law spouse, unmarried daughters above 21 years of age , handicapped children which age is above 21 years old, step children, parents, parents in law are considered the direct family.Those who are above 21 years old of a work pass holder will be liable in providing for themselves and is not allowed to live in Singapore based on the working situation. However, daughters who are originally DP holders can apply for LTVP when their DP expires.60 months or 5 years will be the validation of LTVP.Much like a DP, a LTVP does not authorize employment of the LTVP holder, and LTVP holders must apply for their own relevant EP before being able to legally work in Singapore.

From the summary of main work pass types it should be possible to identify at least one that is relevant to

you and your family.To get enough knowledge on the pass that will be applicable to your family, take a visit on Singapore Ministry of Manpower website.If a professional service firm will help in incorporation of business in Singapore, then they will also be a big help in this matter.It is fact that the businesses in Singapore is achieving a lot.The qualifications for getting work permits is not that high for foreign investors than any other offshore business.Meanwhile, the whole process for application of work permits will be more organized.

07.22
15

What Is A Singapore Personalised Employment Pass

by como ·

You love Singapore. You want to work there. But what will you do if you are neither a Singapore citizen nor a resident of Singapore. Well, the answer is simple – you need a Personalised Employment Pass!
For foreigners who find Singapore an ideal place to visit, live in, find employment or even set up their own company, there are specific passes required before you can fully enjoy the benefits of being in the country. These passes are Personalised Employment Pass, Regular Employment Pass, EntrePass, Dependent’s Pass, and Long Term Visit Pass.

But if you only desire to find employment in Singapore, then you must apply for a Personalised Employment Pass.

A Personalised Employment Pass or PEP is a work visa granted to qualified foreigners who wish to find employment in Singapore but do not want to enter to an employment contract with a specific employer for a period of five (5) years.

Where will you apply for PEP? The Ministry of Manpower in Singapore is the department that processes applications for PEP and grants the same to a foreigner who possesses the requisite qualifications and professional attainment. It is not necessary that you must already be employed in Singapore before you apply for a PEP. But you must remember that upon the issuance of a PEP to you, you need to find employment within the period of 6 months from the date of issuance of PEP, otherwise the work visa issued to you will be revoked.

What are the requirements in order for an applicant to be granted a Personalised Employment Pass? The applicant should be either of the following: First, the applicant must earn a salary of at least S$7,000 per month. Second, he/she must be a former P1 category Employment Pass holder who resides overseas (it is important that he/she must not be unemployed for more than a continuous period of six months at the point of application). Third, he/she must be a current P1 category Employment Pass holder. Fourth, he/she must be a current P2 category Employment Pass holder with at least two years of working experience in a P category of Employment Pass that earns an annual income of at least S$30,000. Lastly, he/she must be a foreign graduate from institutions of higher learning in Singapore and has at least two years of working experience on a P or Q1 category Employment Pass (the annual income should be a minimum of S$30,000).

What are the documents that an applicant for PEP should prepare? Here is a summary: resume or CV stating your educational and employment history, copies of educational certificates and past employment testimonials, a copy of the personal particulars page of your passport, appointment letter from the current employer and copies of the last three months salary slip. All documents that are not in the English language should have an English translation provided by an official translation service.

Holders of PEP are not allowed to set up any business in Singapore. However, they are allowed to own at least the minority share in a company, and he/she is allowed to act as one of the directors. A PEP holder can apply for a Dependants Pass and/or Long-Term Visit Pass for the members of his/her family.

It is strongly advised that a foreigner seeking to apply for a Personalised Employment Pass engage the services of a professional firm in Singapore to assist him/her in the preparation of his/her application to its submission, processing and collection.

04.21
15

Effective Features Of Breeze Mobile Banking

by como ·

One of the most interesting things about technology is that when developers introduce different applications to the public, they mistakenly believe that the more features and the more complex the features, the more impressed customers will be. Unfortunately, many uninformed consumers are sucked into buying products because they are loaded with what appear to be incredible and robust features. However, these people soon discover that all the fluff is just that, meaning the features are usually over-rated and rather than making the experience smoother, they actually make things more complicated and time-consuming.

When Standard Chartered Bank developed Breeze, the online and mobile banking solution that runs on iPhone and iPhone, they wanted bank customers to have a genuine, user-friendly application with features that added true value to the overall experience. The final product rolled out to beta testers in Singapore and Malaysia achieved the banks goal.

However, for the primary features seen on other mobile banking applications, the bank developed Breeze so these were enhanced. In addition, Breeze provides bank customers with new features, one in particular called eCheques, which is the worlds only electronic check processing system. Along with these features, Breeze has something unexpected in the form of functional but also fun features.

Some of the standard features that have been made more robust on Breeze include things like viewing account balances and transferring funds. Along with the new eCheques feature, Standard Chartered Bank also incorporated an ATM finder, which makes it possible for people to find the closest ATM anywhere needed in a matter of minutes. Instead of making unnecessary phone calls or driving around aimlessly, the information can be pulled up using Breeze with no effort at all. Standard Chartered Bank will also be introducing new features as time goes by to meet growing customer demand.

The entire online and mobile banking application enhances the customers banking and financial experience but the designers and developers added a few fun features just because they were just that fun. When people look at the enhanced conventional features, the revolutionary features, the future features, and the fun features, it is clear that Breeze is unlike any other mobile banking application ever created.

One of the fun features is the background of the iPhone when Breeze is downloaded. During the day, the background is bright, sunny skies that represent daytime but then at night, the background changes to a dark sky filled with shiny stars. Although the application is not necessarily something that adds value, it is fun.

Another fun feature of the Breeze application is the ability for users to personalize their accounts by using different icons, colors, and even avatars. Some people appreciate the ability to add a little personality into the way their account appears while others are not as concerned but either way, this feature is fun. Then one of the most interesting features is moving money by shaking the iPhone. Standard Chartered Bank wanted customers to enjoy the experience with Breeze while also having a mobile banking solution that would save time and effort when managing accounts.

02.11
14

Singapore Employment Pass Rikvin Singapore Offers Fast Track Premium Ep Application

by como ·

More and more foreigners are coming over to Singapore either to get employed or start their own companies. This is highly due to the healthy financial environment in Singapore which attracts foreigners and entrepreneurs from all parts of the world.

However, before engaging to work or be employed in Singapore, there is a need to obtain a permit or visa so that your employment or business will be considered legitimate. This employment visa is more popularly called a Singapore Employment Pass (EP).

EMPLOYMENT PASS (EP) DEFINED. A Singapore Employment Pass is a work visa issued to foreign entrepreneurs, shareholders, and managing directors so that they can legally setup and personally manage their business in Singapore. However, an EP can also be issued as a work visa for supervisors and managers, key employees, professionals, and workers with a specialized skill who are employed in a Singapore incorporated company.

EP ELIGIBILITY. In order to be qualified to obtain an EP, the foreigner must have a minimum fixed monthly salary of S$2,500 and must possess any or all of the following qualifications: acceptable diploma/degrees, professional qualifications, specialist skills, and relevant work experience. Aside from the foregoing qualifications, the Ministry of Manpower (MOM) also takes into consideration the foreigners age, current citizenship, and his roles and responsibilities in a company. Possessing the requisite educational attainment does not necessarily guarantee issuance of an EP. Sometimes the MOM also makes exceptions especially for applicants who have outstanding professional skills and highly relevant qualifications for the job they are performing even if they fall short of the educational requirement.

EP CATEGORIES: The EP is divided into three categories and are based primarily on an applicants monthly salary. These categories are: P1 Pass, P2 Pass, and Q1 Pass.

P1 Pass. This pass is given to foreign applicants with a fixed monthly salary of more than S$7,000.

P2 Pass. This pass is given to foreign applicants with a fixed monthly salary of more than S$3,500 to S$7,000.

Q1 Pass. This pass is given to foreign applicants with a fixed monthly salary of S$2,500 to S$3,500.

EP APPLICATION. All applications for Employment Pass must be submitted to the Ministry of Manpower (MOM). The application must be accompanied by all relevant documents showing competency and qualifications especially as to education, skills, and relevant work experience. It also has the discretion to deny applications especially if there is a lack of supporting documents. In case of denial of EP application, an appeal may be made to the MOM providing the agency with relevant documents which were lacking during the first application. Review of the appeal takes more than three weeks.

EP VALIDITY. An Employment Pass is valid for two or three years, depending on the type of pass and the individual holder. Two months before the EP expires, the holder will receive a notification from the MOM informing him that the pass is about to expire and there is a need to renew the same at least four weeks before expiration.

Processing Employment Pass can be a bit exhausting most especially if you are compelled to secure it at once. Fortunately, it is possible to get them at once with Rikvin Immigration Services an independent immigration advisory agency serving professionals and businesses from around the world to relocate in Singapore. Rikvin always think out of the box. They provide a very valuable service by just letting you submit your employment pass (EP) application online and possibly get the EP Visa approved within just 24 hours. Although this service can be served for those who are applying for a Employment Pass (EP) work pass category that can be manageable under the fast track premium service, any option to expedite EP processing would surely create a big difference.

09.28
13

What Advantages Of Hiring Singapore Employment Agencies

by como ·

There are many folks who do not know about recruitment companies before walking into office of a company or online job sites. Hence, it becomes extremely crucial to understand the procedure of recruitment followed by a reputable recruitment company. There can be plenty of ways through which recruitment agencies find the source candidates that included in job boards, direct search, advertisement, networking and sponsorships.

The Singapore employment agencies take into thought the respective needs of each job and industry in order to create sure right candidate for the available job opening. Once a candidate got searched, he need to go through a screening method before adding them in the database of the corporate. Further, process of employment consists of initial telephone interviews, as well as, face to face interview forms of competition.

In the face to face interview, the candidate given a full chance, to prove himself eligible for the work, as well as, holding the responsibilities of the job profile. Sometimes, organizations include highly qualified consultants. These consultant interview and evaluate as to which job an individual like and have the abilities.

Employment agencies in Singapore offers a plenty of advantages to employers or companies. So, plenty of firms prefer to work with these agencies as they offer the complete staffing solutions. Singapore companies will be able to save their cost and precious time.

These organizations also find a job for an individual who want to work in the gulf states to exceed their careers. For this purpose, plenty of the employment agencies offices are in the different nations all over the world. So, a job-seeker can apply and search for jobs directly.

The employment organizations in Singapore provide job possibilities in plenty because of significant income in this Country. Also, they give job possibilities with non lasting organizations to people, find a wide range of non lasting possibilities available and discover non lasting work in finance, accounting, bookkeeping. As mentioned above, these organizations also search permanent jobs and these jobs are related to education, technology, science, engineering and law. Thus, these employment agencies search long term and quick possibilities in various different types in companies.

Their placement team is committed to giving clients the most optimum human resources solution and career opportunities for candidates. So people can get maximum benefits by hiring their services. These days, people are consulting these recruitment agencies not just for getting jobs, but for acquiring tips about preparing for interview, as well.

08.22
13

Asiabiz Provides Personalised Employment Pass

by como ·

In order to facilitate the contribution of global talents to Singapore, the country introduced a new scheme called the Personalised Employment Pass (PEP).

Through PEP, foreign professionals are allowed to work in Singapore for up to 5 years and the holder is not tied to one single employer. PEP is granted based on individual merits and this visa can be applied individually without first securing a job in Singapore. There is a grace period of six months from the collection of the visa to secure employment.

Currently, the Employment Pass or EP can only be granted on the basis of confirmed employment with a specific employer. Unless the EP holder finds employment with a new company, the work pass is immediately cancelled and the EP holder has to leave Singapore the moment the employment ends or the EP holder leaves. A new EP application is needed when the holder needs to move to a new job with a different company or employer. PEP is granted on the strength of an applicants individual merits and does not tie the holder to any employer, thus, a PEP holder is allowed to remain in Singapore for up to six months in between jobs to evaluate new employment opportunities.

The following requirements are needed in order to be eligible to apply for the PEP:

* Must have a minimum monthly fixed salary of S$7,000 and the last drawn salary is not more than than 6 months at the time of application
* A former P1 category Employment Pass holder who resides overseas and is not unemployed for more than a continuous period of six months at the time of application.
* A current P1 category Employment Pass holder.
* A current P2 category Employment Pass holder with at least two years of working experience in a P category of Employment Pass and earns an annual income of at least S$30,000.
* A foreign graduate from institutions of higher learning in Singapore that has at least two years of working experience on a P or Q1 category Employment Pass (please take note that your annual income should be a minimum of S$30,000).

PEP pass holders cannot start their own company in Singapore. However, they are allowed to hold a minority Shareholding in the company including acting as one of the Directors.

Having a PEP affords job flexibility. They can be employed with any sector. In case they change jobs, PEP holders do not need to re-apply for a new pass.

PEP holders are also given the flexibility of a continuous period of up to six months without a job to evaluate employment or work opportunities. However, at this time, such PEP holders cannot leave the country.

Foreign professionals who are eligible for PEP are the following:

* Overseas foreign professional with at least S$7,000 monthly salary overseas. The last monthly salary overseas should be drawn not more than six months from the time of the application
* Former P1 Pass holders who are presently overseas residents
* Former P1 Pass holders should not be unemployed for a continuous period not longer than six months at the time of application.
* P1 Pass holders. Upon application, P1 Pass holders will be accorded In-principle Approval for the PEP
* P2 Pass holders. P2 Pass holders must have at least two years of working experience under a P Pass. A fixed salary of at least S$30,000 should be earned by them in the preceding year.
* Q1 Pass holders. Q1 Pass holders must have at least five years of working experience under a Q1 pass. They should earn a fixed salary of at least S$30,000 in the preceding year.
* Foreign graduates from tertiary academic institutions in Singapore. Foreign graduates from tertiary academic institutions in Singapore with at least two years of work experience on a P or Q1 Pass. They should earn a fixed salary of at least S$30,000 in the preceding year.

07.31
13

Enhance Knowledge with Experience While Study inBusiness Management

by como ·

Business Management is just like an art that’s why Arts Business Management is one of the most popular degrees in the commerce field. Now there are many short and diploma courses has been introduced in thisarea of study to enhance this educational area among business holders and for the people who are doing a job in an organization’s management department. There are different higher studies schools and business related institutes are offering part time business degree in Singapore. Themost established schools are part of the list that are offering arts business management short and long courses for part time study.

With the study in Business you will be able to take part in the strategy making activities in local and international organizations as you will be aware with different type of organizations. There are many professional industries are offering jobs in their management departments and this diploma will be helpful for the people who want to get a good job.

For the people who are running their own businesses and they want some higher studies to run their business in a better way. Part time business degree such as Arts Business Management diploma or any other course having relevant subjects will be a perfect choice for a businessman chick here.

Career Opportunity: The marketing and management subject that you will study during your academic duration will help you to know about finance it’s formation and organization. You will be able to handle the international and external business affairs with your talented skills and study.

The job or business experience during your studies will make you more reliable and give you better decision making skills in order to enhance your revenue or to impress your employer.

Why Admission in Arts Business Management? The national university in Singapore is one of the most favorite institutes for part time business degree in Singapore. They are offering different course for arts business management study.

Bachelor of Arts (Arts Management) (Hons) Bachelor of Creative Arts Bachelor of Liberal Arts and Science Bachelor of Creative Industries Bachelor of Arts (Art History and Curatorship) If you have done any of the given courses it will be very easy for you to study in business management. It is also possible you would be exempted a semester or a year if you have passed the above given degrees with good marks more visit.

Now you don’t need to wait for more time get admission and start your studies and give enhance your knowledge skills along with a job or while running a business.

03.19
13

Neighboring Advertising Big Company Five Factors Why Internet Marketing Is Significant

by como ·

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