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Unlock seamless growth and navigate Singapore's dynamic market landscape with our expert EOR solutions. Start your journey towards global success today.
We understand the pivotal role that the right talent plays in the success of your business. Our approach to recruitment is tailored to meet the unique needs of each client, ensuring a perfect match between your organisation and our global talent pool.
Innovare Singapore, a pivotal member of the Innovare Group, specializes in facilitating smooth business expansion into Singapore's prosperous market. Leveraging comprehensive EOR services, we ensure your venture's seamless adaptation to the local business environment, supported by our in-depth expertise and commitment to compliance.
Expert navigation through Singapore's advanced free-market economy
Streamlined processes for employing foreigners and managing payroll
Dedication to adherence with local laws and regulations
Specialized support for both expatriates and local consultants in Singapore
In Singapore, employers must provide a written contract detailing essential employment terms to new hires within 14 days of starting work. This contract ensures transparency by clearly outlining job responsibilities, work schedules, remuneration, and leave entitlements, setting a clear foundation for the employment relationship.
Singapore mandates monthly salary payments within seven days post-period end, adhering to a standard workweek of 44 hours. Timely tax filings are crucial, with specific deadlines for both hardcopy and electronic submissions.
Singapore taxes all local income, with non-resident rates at 22% in 2022, rising to 24% in 2024. Employment income follows a separate taxation rule, ensuring equitable contributions.
Employees in Singapore enjoy statutory leave benefits including annual leave, maternity leave, paternity leave, and public holidays, enhancing work-life balance and job satisfaction.
The CPF underpins Singapore's social security, covering retirement, healthcare, and housing needs through employer and employee contributions, ensuring comprehensive welfare.
Termination processes in Singapore require adherence to mutual notice periods or payment in lieu, with no statutory severance unless specified in the employment contract.
Singapore's economy is robust, driven by forward-thinking policies and a strategic location that appeals to businesses worldwide.
The nation prides itself on a highly skilled workforce, leading in technology, finance, and commercial sectors.
Singapore's business-friendly policies create an ideal setting for companies looking to tap into the Asia-Pacific market.
114 Lavender Street #06-04 CT Hub 2 Singapore 338729