The Republic of Singapore

Singapore boasts a dynamic economy, efficient infrastructure, and a transparent regulatory environment, making it a prime destination for businesses aiming to expand in Asia. Understanding the local payroll, taxation, and employment regulations is crucial for compliance and operational success.
Contractor Management
EOR
Payroll
Contractor of Record
Currency
Singapore Dollar (SGD)
Payroll Frequency
Monthly
Employer Taxes
7.75% to 17.25%

Overview

Population
~ 5.7 million
Language
English, Malay, Mandarin, Tamil
Capital
Singapore
Currency
Singapore Dollar (SGD)
Country code
+65
Min wage
Singapore does not have a national minimum wage
Working hours
Weekdays
Monday to Friday
Work hours per week
44 per week

Payroll

Salaried Employees
Time-Based Employees
13th Salary

Not mandatory; subject to employer discretion

Avg employer tax

7.75% to 17.25%

Tax Breakdown

Personal Income Tax (PIT):

Tax Rates
Progressive rates ranging from 0% to 22% based on annual income.

Corporate Income Tax (CIT):

Standard Rate
17% on chargeable income
Tax Exemptions
Various exemptions and incentives are available for qualifying companies.

Central Provident Fund (CPF):

Employee Contributions
Up to 20% for employees aged 55 and below
Employer Contributions
Up to 17% for employees aged 55 and below

Skills Development Levy (SDL):

Rate
0.25% of monthly gross wages, subject to a minimum of SGD 2 and a maximum of SGD 11.25.

VAT

VAT

7%

Tax Calculation for Singapore
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Employer cost
Total monthly cost of employment
GBP 9,633
Gross monthly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net monthly salary
GBP 5,137
Gross monthly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Employer cost
Total yearly cost of employment
GBP 9,633
Gross yearly salary costs
GBP 8,334
Estimated taxes and contributions
GBP 8,334
Employee cost
Net yearly salary
GBP 5,137
Gross yearly salary
GBP 8,334
Estimated taxes & social security
GBP 8,334
Request a detailed quotation
How it works

Onboarding Process

Onboarding in Singapore typically includes the following steps to ensure a smooth transition for new hires:

Employment Contract

Must be in writing and include job title, duties, salary, working hours, leave entitlements, and termination conditions.

Registration with Authorities

Register the employee with the Central Provident Fund (CPF) Board and the Inland Revenue Authority of Singapore (IRAS).

Payroll Setup

Ensure accurate calculation and withholding of taxes and CPF contributions.

Employee Documentation

Collect personal identification, bank account details, and tax information.

Workplace Policies

Provide access to company policies, health and safety guidelines, and any applicable collective agreements.

Pre-boarding

Pre-boarding

Pre-boarding

Key Elements of an Employment Contract in Singapore
When drafting an employment contract for employees in Singapore, the following key elements should be included:

Personal Details

Name, contact information, and role of the employee.

Employee Leave Policies

Sick days
  • 14 days per year for outpatient treatment; 60 days for hospitalization.
Maternity leave
  • 6 weeks for Singapore citizens; 12 weeks for non-citizens.
Paternity leave
  • 2 weeks for Singapore citizens.

Childcare Leave:

  • 6 days per year for each child under 7 years old.

Public Holidays:

  • As listed above.

Annual Leave
  • Minimum of 7 days per year, increasing with length of service.
12 Public holidays in Singapore

Note: If a public holiday falls on a Sunday, the following Monday is observed as a public holiday.

1st
New Year's Day
29th
Chinese New Year
30th
Chinese New Year Holiday
31st
Hari Raya Puasa
18th
Good Friday
1st
Labor Day
3rd
Polling Day
12th
Vesak Day
7th
Hari Raya Haji
9th
National Day
9th
Deepavali
25th
Christmas Day
  • 1 Jan: New Year's Day
  • 1 Feb: Chinese New Year
  • 2 Feb: Chinese New Year Holiday
  • 15 Apr: Good Friday
  • 1 May: Labor Day
  • 2 May: Hari Raya Puasa
  • 3 May: Labor Day Holiday
  • 15 May: Vesak Day
  • 16 May: Vesak Day Holiday
  • 9 Jul: Hari Raya Haji
  • 9 Aug: National Day
  • 24 Oct: Deepavali
  • 25 Dec: Christmas Day
  • 26 Dec: Christmas Holiday

Termination Process

Notice Period

Varies based on employment contract; generally 1 to 2 months.

Severance Pay

Not mandatory; subject to employment contract.

Termination During Probation

Either party can terminate with appropriate notice.

Probation Period

  • Maximum Duration: 3 months
  • Extension: Permitted if agreed upon by both parties.
  • Termination During Probation: Either party can terminate with appropriate notice.

Personal Details

Name, contact information, and role of the employee.

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Challenges of Remote Hiring in _

Simplifying Remote Hiring in _ with RemotePass 

Grow Your Team in Singapore
with RemotePass

Singapore offers a strategic gateway to the Southeast Asian market, with a skilled workforce and favorable business conditions. RemotePass simplifies the process of hiring and managing employees in Singapore, ensuring compliance with local laws, handling payroll and benefits, and providing a seamless experience for both employers and employees.

Building and expanding a global workforce is seamless with RemotePass. Our platform simplifies the complexities of hiring, payroll, and compliance across over 150 countries, including Singapore.

With RemotePass, you can quickly onboard international employees, manage payroll, ensure legal compliance, and provide competitive benefits—all from one place. Focus on growing your business while we handle the HR and legal intricacies.

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The Republic of Singapore

Singapore boasts a dynamic economy, efficient infrastructure, and a transparent regulatory environment, making it a prime destination for businesses aiming to expand in Asia. Understanding the local payroll, taxation, and employment regulations is crucial for compliance and operational success.
Contractor Management
EOR
Payroll
Contractor of Record
العملة
Singapore Dollar (SGD)
تردد الرواتب
Monthly
ضرائب أصحاب العمل
7.75% to 17.25%

نظرة عامة

التركيبة السكانية
~ 5.7 million
اللغة
English, Malay, Mandarin, Tamil
العاصمة
Singapore
العملة
Singapore Dollar (SGD)
رمز الاتصال الدولي
+65
الحد الأدنى للأجور
Singapore does not have a national minimum wage
ساعات العمل
أيام الأسبوع
Monday to Friday
ساعات العمل اسبوعيا
44 per week

الرواتب

الموظفون برواتب ثابتة
الموظفون بنظام الأجر الزمني
13th Salary

Not mandatory; subject to employer discretion

متوسط ​​ضريبة صاحب العمل

7.75% to 17.25%

تحصيل الضرائب

Personal Income Tax (PIT):

Tax Rates
Progressive rates ranging from 0% to 22% based on annual income.

Corporate Income Tax (CIT):

Standard Rate
17% on chargeable income
Tax Exemptions
Various exemptions and incentives are available for qualifying companies.

Central Provident Fund (CPF):

Employee Contributions
Up to 20% for employees aged 55 and below
Employer Contributions
Up to 17% for employees aged 55 and below

Skills Development Levy (SDL):

Rate
0.25% of monthly gross wages, subject to a minimum of SGD 2 and a maximum of SGD 11.25.

ضريبة القيمة المضافة

ضريبة القيمة المضافة

7%

حساب الضريبة في The Republic of Singapore
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SG
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تكلفة صاحب العمل
إجمالي تكلفة التوظيف الشهرية
GBP 9,633
إجمالي تكاليف الراتب الشهري
GBP 8,334
الضرائب والمساهمات المقدرة
GBP 8,334
تكلفة الموظف
صافي الراتب الشهري

GBP 5,137
الراتب الشهري الإجمالي
GBP 8,334
الضرائب المقدرة والضمان الاجتماعي
GBP 8,334
تكلفة صاحب العمل
إجمالي تكلفة التوظيف السنوية
GBP 9,633
إجمالي تكاليف الرواتب السنوية
GBP 8,334
الضرائب والمساهمات المقدرة
GBP 8,334
تكلفة الموظف
صافي الراتب السنوي

GBP 5,137
الراتب السنوي الإجمالي
GBP 8,334
الضرائب المقدرة والضمان الاجتماعي
GBP 8,334
اطلب عرض أسعار تفصيلي
كيف تعمل الخدمة

عملية الانضمام

تشمل عملية التوظيف في The Republic of Singapore عادة الخطوات التالية لضمان انتقال سلس للموظفين الجدد:

Employment Contract

Must be in writing and include job title, duties, salary, working hours, leave entitlements, and termination conditions.

Registration with Authorities

Register the employee with the Central Provident Fund (CPF) Board and the Inland Revenue Authority of Singapore (IRAS).

Payroll Setup

Ensure accurate calculation and withholding of taxes and CPF contributions.

Employee Documentation

Collect personal identification, bank account details, and tax information.

Workplace Policies

Provide access to company policies, health and safety guidelines, and any applicable collective agreements.

Pre-boarding

Pre-boarding

Pre-boarding

العناصر الأساسية في عقد العمل في The Republic of Singapore
عند إعداد عقد عمل للموظفين في The Republic of Singapore يجب تضمين العناصر الأساسية التالية:

Personal Details

Name, contact information, and role of the employee.

سياسات إجازات الموظفين

الإجازات المرضية
  • 14 days per year for outpatient treatment; 60 days for hospitalization.
إجازة الأمومة
  • 6 weeks for Singapore citizens; 12 weeks for non-citizens.
إجازة الأبوة
  • 2 weeks for Singapore citizens.

Childcare Leave:

  • 6 days per year for each child under 7 years old.

Public Holidays:

  • As listed above.

الإجازة السنوية
  • Minimum of 7 days per year, increasing with length of service.
12 عطلات رسمية في The Republic of Singapore

Note: If a public holiday falls on a Sunday, the following Monday is observed as a public holiday.

1st
New Year's Day
29th
Chinese New Year
30th
Chinese New Year Holiday
31st
Hari Raya Puasa
18th
Good Friday
1st
Labor Day
3rd
Polling Day
12th
Vesak Day
7th
Hari Raya Haji
9th
National Day
9th
Deepavali
25th
Christmas Day
  • 1 Jan: New Year's Day
  • 1 Feb: Chinese New Year
  • 2 Feb: Chinese New Year Holiday
  • 15 Apr: Good Friday
  • 1 May: Labor Day
  • 2 May: Hari Raya Puasa
  • 3 May: Labor Day Holiday
  • 15 May: Vesak Day
  • 16 May: Vesak Day Holiday
  • 9 Jul: Hari Raya Haji
  • 9 Aug: National Day
  • 24 Oct: Deepavali
  • 25 Dec: Christmas Day
  • 26 Dec: Christmas Holiday

عملية إنهاء العقود

Notice Period

Varies based on employment contract; generally 1 to 2 months.

Severance Pay

Not mandatory; subject to employment contract.

Termination During Probation

Either party can terminate with appropriate notice.

Probation Period

  • Maximum Duration: 3 months
  • Extension: Permitted if agreed upon by both parties.
  • Termination During Probation: Either party can terminate with appropriate notice.

Personal Details

Name, contact information, and role of the employee.

_'s Booming Remote Workforce

Challenges of Remote Hiring in _

Simplifying Remote Hiring in _ with RemotePass 

نمِّ فريقك في The Republic of Singapore
مع ريموت باس

Singapore offers a strategic gateway to the Southeast Asian market, with a skilled workforce and favorable business conditions. RemotePass simplifies the process of hiring and managing employees in Singapore, ensuring compliance with local laws, handling payroll and benefits, and providing a seamless experience for both employers and employees.

يصبح بناء فريق عالمي وتوسيعه مهمة سهلة مع ريموت باس. منصتنا تبسّط تعقيدات التوظيف والرواتب والامتثال القانوني في أكثر من 150 دولة، بما في ذلك The Republic of Singapore.

مع ريموت باس، يمكنك ضم الموظفين الدوليين بسرعة، وإدارة الرواتب، وضمان الامتثال القانوني، وتقديم مزايا تنافسية — كل ذلك من مكان واحد. ركّز على تنمية أعمالك، ودع المهام الإدارية والقانونية علينا.

تجربة مجانية لمدة 7 أيام

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