In Singapore, the Ministry of Manpower (MOM) offers various permits and passes to facilitate employment for foreign nationals. Among these, the Letter of Consent (LOC) and the Pre-Approved Letter of Consent (PLOC) are two important documents that enable eligible individuals to work in Singapore. While they may seem similar at first glance, there are key [...]
Yes, Long-Term Visit Pass (LTVP) holders can work in Singapore, but there are stricter conditions compared to LTVP+ holders. Key Points for LTVP Holders: Work Eligibility: LTVP holders are not automatically allowed to work in Singapore. They require a Letter of Consent (LOC) to take up employment. Letter of Consent (LOC): Employers must apply for [...]
Yes, a Long-Term Visit Pass-Plus (LTVP+) holder can work in Singapore, but there are specific requirements and conditions. Key Points: 1) Eligibility to Work: LTVP+ holders are eligible to work in Singapore without needing a separate Work Pass (e.g., Employment Pass or S Pass). They only need a Letter of Consent (LOC) from the Ministry [...]
No. All S Pass or Work Permit holders are not allowed to be registered as company directors or secretaries. In addition, they are also not allowed to be shareholders of a Singapore company. Therefore, they cannot be registered with ACRA as company directors, secretaries and/or shareholders. If any S Pass or Work Permit holder does [...]
Hong Kong's Top Talent Pass Scheme, introduced in late 2022, is a strategic initiative designed to attract highly skilled and talented professionals from around the world to work in Hong Kong. This scheme is part of broader efforts by the Hong Kong government to bolster the city's status as a global hub in various high-priority [...]
Hong Kong's Top Talent Pass Scheme aims to attract the world's finest professionals, boasting an impressive uptake since its launch in late 2022. Despite significant enrollment figures, these numbers don't capture the complete efficacy of the program. Amidst the Asian competition for global talent, Hong Kong is rolling out the red carpet to mitigate the [...]
Employers are required to respond to requests for flexible work arrangements within two months, providing reasons if the request is denied. Starting in December, when new tripartite guidelines are introduced, all employers must establish a formal process for employees to request flexible work arrangements. These guidelines stipulate that employers must issue their decisions on such [...]
In accordance with the Tripartite Advisory on Managing Excess Manpower and Responsible Retrenchment (TAMEMRR), it is imperative that the criteria for selecting employees for redundancy are objective and the process is executed equitably. While adherence to the TAMEMRR is not mandated by law for employers, it delineates recommended practices for progressive workforce management, emphasizing the [...]
Singapore generally allows foreigners to start businesses in Singapore. However, foreigners on certain passes may be restricted from starting or managing their business based on restrictions placed on that pass. Most pass holders are not allowed to manage their businesses in Singapore. This means that they are not allowed to register sole proprietorships or partnerships. [...]
In the realm of business opportunities in Singapore, the pathway to acquiring permanent residency (PR) through investment is open to those willing to infuse capital into the nation's economy and demonstrate entrepreneurial acumen. This avenue, formally designated as the Global Investor Programme (GIP Scheme), is commonly known as the Investor Scheme. For individuals contemplating relocation [...]