loader image

COUNTRY GUIDE » SINGAPORE 

Empower Your Business Expansion in Singapore with Innovare

Unlock seamless growth and navigate Singapore’s dynamic market landscape with our expert EOR solutions. Start your journey towards global success today.

Brief Overview

Innovare Singapore

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

Local Expertise

Country-Specific Solutions

Onboarding

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.

Payroll Services

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.

Taxes

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.

Leave

Employees in Singapore enjoy statutory leave benefits including annual leave, maternity leave, paternity leave, and public holidays, enhancing work-life balance and job satisfaction.

Social Security Management

The CPF underpins Singapore’s social security, covering retirement, healthcare, and housing needs through employer and employee contributions, ensuring comprehensive welfare.
Termination

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
Market
Insight

Economic Dynamism​

Singapore’s economy is robust, driven by forward-thinking policies and a strategic location that appeals to businesses worldwide.

Skilled Workforce

The nation prides itself on a highly skilled workforce, leading in technology, finance, and commercial sectors.

Pro-Business Environment

Singapore’s business-friendly policies create an ideal setting for companies looking to tap into the Asia-Pacific market.

Global Reach

Comprehensive Solutions, Tailored for You

Swiper Example

FAQ

You've got questions, and we have the answers.

Assignment details with job title and description, industry, monthly salary, contract duration and candidate’s information. Candidate’s information should include nationality, educational level, Updated CV and brief job description. Innovare will then provide free assessment and advice based on Client’s information.

Yes we offer the full range of service or it can be customisable based on the needs of clients.

After initial assessment, Client to confirm on the eligibility of the candidate and sign contract with Innovare. Innovare will  then proceed for onboarding preparation depending on the nationality or current visa status of the candidate. Background check on candidate will be processed if required. Employment Pass (EP)could be applied based on statutory rules if justified and both Innovare and Client have to abide by the Singapore’s Manpower rules on EP. Innovare will provide guidance.

Yes, we can introduce Clients to respective Government appointed agencies or Chamber of Commerce. Government has various schemes to assist Singapore based companies to expand their businesses here.

Innovare will first introduce Client to the Fair Consideration Framework (FCF), the requirements of TAFEP and MoM guidelines on Employment Pass application(EP). There will be local Job posting to consider local candidates fairly for job opportunities. Expat candidates will need to pass the points-based COMPASS system in addition to meeting the EP qualifying salary. Innovare will work with Client along the way from the sourcing stage.

In case a EP application is required, the following documents will be required from candidate:

  • Completed Application Form for Employment Pass.
  • Photocopy of the candidate’s passport with issue/expiry date.
  • Candidate’s educational certificates, such as diplomas and degree qualifications.
  • A recent resume. Recent passport-size picture in line with Singapore photo requirements.

20 Cecil Street, Level 22 PLUS Building, Suite 2207, Singapore 049705

© Copyright Innovare Group 2025. All Rights Reserved.

Scroll to Top