We work remotely
Global EOR Services
Global EOR Services™
Appearance
Singapore flag background
Back to Countrypedia

Hire in Singapore,
compliantly,
without the complexity.

We become the legal employer for your international workforce in Singapore. You keep full control of your team — we handle payroll, taxes, benefits, and local compliance.

Official NameRepublic of Singapore
CapitalSingapore (Premier Global Financial & Tech Capital of Asia)
CurrencySingapore Dollar (SGD / S$)
Official LanguageEnglish, Malay, Mandarin Chinese & Tamil (English is the working language of business, tech & law)
Population~6.0 million (AAA Credit Rating, ~$500B+ USD GDP)
Time ZoneSingapore Standard Time (SGT, UTC+8, no DST)
Central Provident Fund (CPF - Citizens & PRs)17.0% Employer / 20.0% Employee (for age <= 55, capped base)
Personal Income TaxProgressive 0% to 24% (Inland Revenue Authority of Singapore - IRAS)
Skills Development Levy (SDL)0.25% Employer contribution (capped at S$ 11.25/month)
Foreign Worker Compass FrameworkPoints-based Employment Pass (EP) qualification system (MOM)
Annual Leave (Employment Act)7 to 14 working days paid vacation (scaling with continuous tenure)
Standard Workweek44 hours/week (typically 8 to 9 hours/day over 5 days under Employment Act)

The Republic of Singapore is the premier international financial, technological, and regional corporate headquarters capital of the Asia-Pacific region (AAA credit rating, ~$500+ billion USD GDP). Consistently ranked top-2 globally for Ease of Doing Business, economic competitiveness, and digital readiness, Singapore serves as the APAC headquarters for over 80 of the world's top 100 technology giants (including Google, Meta, Microsoft, ByteDance, Grab, and Sea Group) and hosts the world's top wealth management, private equity, and maritime trading hubs. Hiring employees in Singapore requires compliance with the Singapore Employment Act (*Chapter 91*), mandatory contributions to the Central Provident Fund (**CPF** at 17.0% employer / 20.0% employee for Singapore Citizens and Permanent Residents), the Skills Development Levy (**SDL** at 0.25%), progressive personal income tax filing with the Inland Revenue Authority of Singapore (**IRAS**), and the **COMPASS (Complementary Assessment Framework)** points system for Employment Pass (EP) visa sponsorship administered by the Ministry of Manpower (**MOM**). Incorporating a local Private Limited (Pte Ltd) company takes 1 to 3 business days via ACRA. A Global Employer of Record (EOR) enables international tech, fintech, and commercial enterprises to hire talent in Singapore legally, quickly, and without establishing a local company. The EOR acts as the legal employer, managing Employment Act contracts, CPF and SDL remittances, IRAS tax reporting, COMPASS Employment Pass visa sponsorships, and compliant SGD payroll.

Economic Overview, Silicon Island of Asia & Global Financial Capital

Singapore is the undisputed corporate, financial, and tech headquarters gateway to the 680+ million population ASEAN market.

Key Economic Clusters

  • APAC Tech & AI Headquarters: Regional headquarters for leading global cloud platforms, AI labs, and consumer tech unicorns.
  • Global Wealth & FinTech Center: World-leading private wealth management, family offices, digital payments, and MAS-regulated digital asset exchanges.
  • Semiconductor & Advanced Biopharma: Over 11% of global semiconductor manufacturing and major global biopharma manufacturing (Pfizer, Moderna).

Employment Contracts, Employment Act (Cap. 91) & COMPASS Framework

Regulated by the Singapore Employment Act (Cap. 91).

  • Universal Protection: The Employment Act covers all managerial, executive, and professional employees regardless of salary.
  • Key Employment Terms (KETs): Employers must provide written KETs in English within 14 days of start date.
  • COMPASS Visa Framework: Foreign professional hires requiring an Employment Pass (EP) must score at least 40 points on the MOM COMPASS framework evaluating salary, qualifications, diversity, and local hiring support.

Working Hours, 44-Hour Week & Overtime (Part IV)

  • Standard Hours: 44 hours per week (typically 8.8 hours/day over 5 days, or 8 hours/day over 5.5 days).
  • Overtime Protections (Part IV): For non-workmen earning up to S$ 2,600/month and workmen earning up to S$ 4,500/month, overtime is compensated at a mandatory minimum of **150% (1.5× basic hourly rate)**, capped at 72 hours per month.

Annual Leave (7–14 Days), 60 Days Hospitalisation & Maternity

Annual Vacation & Medical Leave

  • Annual Paid Vacation: Minimum 7 working days (Year 1) scaling by +1 day each year up to 14 working days per year (18–25 days is standard in multinational tech/finance).
  • Paid Sick & Hospitalisation Leave: 14 paid outpatient sick days + up to 60 paid hospitalisation days per year.
  • Public Holidays: 11 official gazetted public holidays.
  • Maternity Leave: 16 weeks paid maternity leave for Singapore citizen children (funded by employer and government). Paid paternity leave is 4 weeks.

Central Provident Fund (CPF 17% Employer), SDL & IRAS Tax

Statutory Scheme Employer Share Employee Share Description
Central Provident Fund (CPF - Age <= 55) 17.00% 20.00% Retirement (OA/SA/Medisave) for Citizens & PRs (capped base)
Skills Development Levy (SDL) 0.25% 0.00% SkillsFuture training levy (min S$2, max S$11.25/mo)
Self-Help Group Funds (CDAC/Mendaki/SINDA) 0.00% S$ 0.50–30 / mo Community funds based on ethnic origin (opt-out available)
Total Statutory Contributions ~17.25% ~20.00% Expatriate pass holders exempt from CPF

Personal Income Tax: Progressive rates: 0% (up to S$20k), 2% (S$20k–30k), 3.5% (S$30k–40k), 7% (S$40k–80k), 11.5% (S$80k–120k), 15% (S$120k–160k), 18% (S$160k–200k), 19% (S$200k–240k), 20% (S$240k–280k), 22% (S$280k–320k), 23% (S$320k–500k), and 24% on excess over S$500k/yr, declared annually via IRAS.

Termination, Contractual Notice & Retrenchment Benefits

  • Notice Periods: Statutory default: 1 day (< 26 wks service), 1 week (26 wks–2 yrs), 2 weeks (2–5 yrs), and 4 weeks (>= 5 yrs service), or as mutually agreed in employment contract (typically 1 to 3 months for tech/executives).
  • Retrenchment Benefits: Advisory standard of 2 weeks to 1 month's salary per year of service under MOM tripartite guidelines.

Why Use an Employer of Record (EOR) in Singapore

  • Instant APAC Headquarters Deployment: Onboard software engineers, sales directors, and regional VPs in Singapore in days.
  • CPF, SDL & IRAS Auto-Inclusion Scheme (AIS) Compliance: Seamless management of CPF retirement funds and electronic AIS tax filings.
  • Employment Pass (EP) & ONE Pass Sponsorship: EOR handles MOM COMPASS points evaluation and work pass sponsorships.
Featured EOR Providers

Top EOR Partners in Singapore

Hire compliantly in Singapore using our verified global infrastructure partners.

Related Articles

Insights and guides for hiring in Singapore

Got Questions?

Hiring FAQs for Singapore

Everything you need to know about expanding your workforce into Singapore.

Ready to hire in Singapore?

Get a customized quote from our global experts in minutes.

Start Hiring & Paying Global Talent Today

Join over 2,500+ fast-growing companies scaling their remote workforce in 195+ countries with automated EOR, payroll, and 100% legal compliance.

5-Min OnboardingZero Entity Required100% Tax Backing