If you have any questions, feel free to let us know. Documents required for the application of the Personalised employment pass (pep): The usual timeline for the application of the Personalised employment pass (pep) is 8 weeks. If you are an editor, sub-editor, producer or journalist. Actuary Job Description, Career as an Actuary, Salary, Employment A journalist, editor, sub-editor or producer. The EP application takes about 3 weeks to process. EP Holders are only allowed to work for one employer or company. In order to qualify for PEP, the applicant must: either draw a fixed monthly salary of at least S$18,000 within the last 6 months, or Individuals can change jobs by notifying the authorities and submitting a simple declaration. An Employment Pass holder under the sponsorship program. If youre currently an Employment Pass (EP) holder, you (or your authorised Employment Agency) should submit your Personalised Employment Pass (PEP) application, and not your employer. The characteristics of a Personalised Employment Pass are: This work pass is for overseas foreign professionals earning more than S$18,000 a month and Employment Pass holders who earn at least S$12,000 a month. How to check my past transactions and invoices with Sleek? How to check the Unique Entity Number (UEN) of my company? You do not have to cancel the existing PEP for your employer to apply for the new pass. No foreign worker levy or quota required. The original pass must be returned within one week of being canceled. If you want to leave Singapore for more than 6 months to work for an overseas employer, you should cancel your Personalised Employment pass (PEP). To establish an EPOL account, you must first use. Holders of the work pass can also apply for a Singapore work visa. All Rights Reserved. Sleek 2023 Small Business Index Report available for download now. If you already have an Employment Pass, you do not need to produce any further documentation. A PEP holder should not be unemployed for more than six months. You are using a version of browser which will not be supported after 27 May 2018. To continue to transact with MOM securely, please follow, Employment Pass eService (formerly EP Online), Personalised Employment Pass Application Form, Personalised Employment Pass Notification Form. Learn more about how you can apply for the Personalised Employment Pass (PEP) to take advantage of its benefits. The validity of the EP is usually 2 years for new applications and 3 years for renewals. Growth Package, Hong Kong If youve hired, or have ceased to employ a PEP holder, inform MOM by: The salary criterion for the PEP will also be raised to $22,500 a month for oversea professionals and existing EP holders. However, you can be paid directors of a company you do not own. They served my translation before the deadline that I gave them. How Long Would It Take For My Personalised Employment Pass Application To Be Processed? Extremely happy with getting factful translation of my Malay birth certificate into English. However, you must fill out the following information on your Personalised Employment Pass application forms. PEPs are intended for highly qualified individuals wishing to work in Singapore. What is the Personalised Employment Pass (PEP) validity? How Sleek can help me to incorporate my company? Skillful Court Order Translation Services. Talk to an Experts Individuals are not allowed to work while holding a short-term visit pass. Do not hesitate to contact us if you want a more in-depth procedure. You are required to update the following via the PEP notification form: As PEP holders, you must note that you have to keep a minimum salary of 12,000 SGD per month and at least 6 months of employment per calendar year to maintain your PEP status. Understanding The Legal Requirements For Company Set Up In Singapore, How to Lower Your Singapore Corporate Tax Rate, Everything you need to know about the Personalised Employment Pass, Follow us on LinkedIn and stay updated on the latest news, Copyright RBA 2023. If you are interested, you can view our Comprehensive guide on how to apply for Singapore PR. For those holding existing EP in Singapore, minimum salary is 12,000 per month, Criterion 1: Your last drawn fixed monthly salary (in the previous 12 months) should be at least S$20,000 or if you are a business owner with an annual income of over S$ 240,000; and. How to check the incorporation date of my company? To continue to transact with MOM securely, please follow these steps to enable the Transport Layer Security (TLS) of your web browser, or upgrade to the latest version of your browser. When your application is granted, you will receive an In-Principle Approval (IPA) letter, valid for six months. MyBusiness in Asia can assist you with your application to the Personalised Employment Pass or the ONE pass, dont hesitate to reach out to us and discuss your eligibility and how to structure your projects in Singapore and the rest of Asia. specialists will get back to you within 24 hours. If you do not have an Employment Pass, you must produce the following supplementary documents: A summary of the procedure for applying for a Personalised Employment Pass can be seen below. The PEP is non-renewable and does not restrict you to any one company, so you should decide whether to apply for it, and not your employer. It will take at least 6 weeks to review your appeal by MOM. In the case that you purchase a service and later change your mind, we cant issue a refund. PEP holders can only take on additional employment after getting MOMs approval. Engaging a professional firm such as Relin Consultants is advisable to assist with the application process. You also need to alert MOM as to your annual salary, any time you start or leave a job, and any time you update your contact details. The characteristics of a Personalised Employment Pass are: This work pass is for overseas foreign professionals earning more than $18,000 a month and Employment Pass holders who earn at least $12,000 a month. A CORPORATE SERVICE PROVIDER working with holistic perspective to create unprecedented value for the Entrepreneurs and Corporate Companies for more than a decade. But dont let that stop you from pursuing your goals. PEP holders are allowed to continuously stay unemployed in Singapore for up to six months while searching for a potential job opportunity. Cancellation is permanent, so ensure that you have a valid pass that lets you stay in Singapore (e.g. Paragon Careers | Paragon The PEP holder cannot be a director and/or sole shareholder of a company. Of at least SGD 12,000 for existing EP holders, Of at least SGD 18,000 (or equivalent) for foreign professionals, An existing EP holder within a sponsorship scheme, Professionals working under freelance or intending to. Employee ID Cards by IDCreator.com | 855-MAKE-IDS If you are a freelancer who makes their work strategy and do not agree to work with any Singapore employer. Overseas sponsorship Employment Pass (EP) holders are not eligible; For foreign professionals with overseas employment, you must earn a monthly fixed income of 18,000 SGD per month, Sole proprietor, partner, shareholder, director of a Singapore registered company, Journalist, editor, sub-editor, or producer, Entrepreneurs and business owners that plan to operate their business in Singapore, Completed the PEP application form and provide the local contact details, Passport particular page of the applicant, Declaration of your annual salary 30 days from the last day of each calendar year. These changes will be implemented from 01 Sep 2023. Online services and forms for Personalised Employment Pass transactions. When and how to cancel a Personalised Employment Pass. The PEP holder can move to a different employer without the need to apply for a new PEP, as long as it is within the validity period of the current PEP. How do I appeal a rejected Personalised Employment Pass application? Yes, the PEP can be director or CEO of a start-up in Singapore if the PEP holder is not shareholder of the Singapore company. The characteristics of an Employment Pass are: The characteristics of a Personalised Employment Pass are: EP and PEP are distinctly different work passes for different types of candidates. PEP is non-renewable, and the applicants must apply for an employment pass or Singapore permanent residency after 3 years of validity. Our philosophy In case of any changes, you need to inform the MOM. If your personalised employment pass expires, you have the other option to request for the employment pass or ab Singapore permanent residence pass, only if you intend to continue working and living in Singapore. It will take around 8 weeks to get processed by MOM. The Foreign Worker Levy (FWL) is used to regulate the number of foreign citizens working in Singapore and is essential for employment visas. However, please note if once your pass gets canceled, you cant apply for the new personalized employment pass (PEP). Is It Difficult To Get The Personalised Employment Pass (PEP)? As the Personalised Employment Pass (PEP) is issued for 3 years, there are certain conditions to meet in order to maintain the PEP holder's status. How do I qualify for a Personalised Employment Pass? Get Your Document Translated At Lower Prices. How to register the Data Protection Officer (DPO), The 6 main sources of funding for your startup in Singapore, Where to find my incubator or accelerator, Latest grants in Singapore to combat Covid-19, Grants supporting workers and protecting livelihoods to combat Covid-19, Grants supporting Self-Employed Persons (SEPs) to combat Covid-19, Grants supporting families to combat Covid-19, Grants supporting businesses to combat Covid-19, Innovation, R&D and Capability Development Incentives, ICOs (Initial Coin Offering) in Singapore, Pros and cons of ICO (Initial Coin Offering), 8 Ways using e-signatures can benefit your business. The police report should be translated into English by taking up the language translation services. Singaporetranslators.com provided very efficient translation services by highly professional translators. Company Executives, Working professionals, High Income Earning Executives with Work Experience. You can continue working in Singapore with an Employment Pass when it expires or seek permanent residency. Call Now (+65) 69048665, Have any Question It is not tied to an employer andoffers greater flexibility than an Employment Pass. Will definitely use their services again in the future. A freelancer or foreigner who intends to work on a freelance-basis. 2023 Sleek Tech Pte Ltd | 160 Robinson Road, #14-04 SBF Center, S068914 | +65 6929 8273 | ACRA Professional No. How to check the Financial Year End (FYE) of my company? All PEP holders are only allowed to secure a PEP for only once so they will not be able to renew their Personalised employment pass upon the expiry. Hence the applicant must have a job offer before applying. PEP holders can work for more than one company but need to meet the minimum salary requirements yearly. It is mandatory to procure user consent prior to running these cookies on your website. You can work for more than one company. What is the Personalised Employment Pass (PEP) Processing time? However, there are situations when your Personalised Employment Pass (PEP) can take up to 12 weeks depending on the period. It is not common for the PEP to get rejected unless you do not meet the salary criterion or you breach certain work pass conditions. The PEP holder can move to a different employer without the need to apply for a new PEP, as long as it is within the validity period of the current PEP. How to accept invitation from Sleek platform. The translation services were completed within the deadline and the service was affordable. The validity of a PEP is 3 years and is not renewable upon expiry. Is It Possible For A Pep Holder To Apply For Singapore Permanent Residence (PR)? As for the family members or parents of the PEP holders, they are eligible for either the Dependants Pass or Long Term Visit Pass Guide. We will not be able to refund Government fees once the application has been submitted, nor any third-party processing fees. Your companys tax clearance obligation remains the same: A CORPORATE SERVICE PROVIDER working with holistic perspective to create unprecedented value for the Entrepreneurs and Corporate Companies for more than a decade. No, your Personalised Employment Pass (PEP) will stay valid. Eligibility and requirements How to apply for the personalized employment pass? Before becoming a fully qualified actuary, an individual must pass a series of examinations over a period of five to . Includes how to apply, documents required and processing time. You might be interested in reading about: Our expert team is here to help you. Hawksford are renowned for supporting entrepreneurs and foreign companies and their employees establish their roots in Singapore. If you are an employment pass holder and your employment pass has been issued through the sponsorship scheme. If you are a new applicant, you need these documents : If you PEP is rejected by MOM, you can submit. How to reset my Sleek password if I forget it? 1. Upon Obtaining The PEP, Am I Allowed To Cancel It? But opting out of some of these cookies may have an effect on your browsing experience. How to apply for an Entrepreneur Pass (EntrePass)? A pass holder should earn an annual fixed salary of S$144,000. The PEP application takes about 8 weeks to process. Candidates have two options to submit their personalized employment pass application form either online through EP online system or by visiting any SingPost branch. Your PEP will be canceled, and you will be issued a short-term visit pass which is valid for 30 days. The PEP holder can move to a different . If you intend to do so, you should apply for anEntrePass or Overseas Networks & Expertise Pass (ONE Pass). Work Visas in Singapore Write to us 3 years validity without a renewal option. Minimum Fixed monthly salary of at least S$4,500, Applicants must meet the Fixed Salary Criteria of 18,000 SGD per month. Check out the Employment Pass Scheme if you are looking to extend your current PEP. Moreover, remember that you will have you apply for the DP again for them. Reliability And Proficiency Translation Services. You should obtain this salary from the previous six months to get eligible to apply for the personalized employment pass. Upon the Approval of your Personalised employment pass (PEP), you are given 6 months to issue/activate the work pass. What is an Employee Stock Ownership Plan (ESOP)? The team at Singapore translators provided me with a high-quality business translation service that exceeded my expectations. The applicant must visit the authority to register a fingerprint and photo on the PEP. The PEP is not tied to an employer and it offers a greater flexibility than an Employment Pass. This website provided error-free financial statement translation services. Find out when you need to notify MOM, including updates to employment status or employer, passport changes, and declaring salary. ThePersonalised Employment Pass is for high-earningEmployment Pass holders and overseas foreign professionals. How to appoint a new Company Admin on Sleek platform. An existing Employment Pass (EP) holder that earns a monthly fixed salary of 12,000 SGD. The PEP holder is eligible to apply for long term passes for spouse, children and parents. always want to guarantee any applications from our clients are done properly. You also need to discard the cancelled pass card. Book a time with our experts to guide you in finding the best solution. The store will not work correctly in the case when cookies are disabled. Factors to consider while implementing ESOPs. From development and educational opportunities to comprehensive benefits and competitive wage packages, we support you, so you can support our mission. They were knowledgeable and helpful. If you live overseas and your fixed monthly salary was at least S$18,000 in the last six months, you're eligible for the Personalised Employment Pass (PEP). Employee ID cards are perfect for any business, both large and small companies. Child Care Lead Teacher. For candidates in the financial services sector, they will need to earn at least S$5,500 a month and have acceptable qualifications to qualify for the pass. This website uses cookies to improve your experience. The pass will be tied to the Singapore company offering employment. You have the option to cancel your personalised employment pass anytime. Providing employees of any company with ID cards can create an efficient and effective system that saves you both time and money. (If you prefer to submit your application form online, you must choose an authorized employment agency). Highly recommended. Thank you so much for your help. Key facts about the pass, including who it is for, validity, legislation and online services. As mentioned, it is a one-time work pass. The PEP appeal will take 8 to 10 weeks to process. Yes. For instance, a company registration might be filed correctly but still get rejected by the Company Registry for reasons beyond our control. There is no foreign worker levy or quota required. Holders of the work pass are also entitled to seek employment in most sectors as a professional. unmarried stepchildren under 21 years old. Personalised Employment Pass (PEP), Updated 2 days ago Holders of the work pass can also apply for a Singapore work visa. One Visa is a fully licensed immigration agency (EA No. When to notify MOM, including updates to employment status or employer, passport details and declaring salary. The MOM will deliver the card to the address specified in the application. Holders of a Personalised Employment Pass must earn a fixed income of S$144,000 per year for the period of the pass. Talk to our experts today. How to secure a Dependant Pass in Singapore? Your staff represents your business' public image, so they deserve everything they can get to create a professional image. From 1 Sep 2023, the minimum qualifying salary will be raised to S$22,500. Unlike other work permits, the Personalised Employment Pass cannot be renewed after the three years have expired. Editors, sub-editors, journalists, and media producers are not qualified to apply for the PEP. You are using a version of browser which will not be supported after 27 May 2018. What are the types of dividends in Singapore? The Personalised employment pass is valid for 3 years and is non-renewable. Today, the Ministry of Manpower Singapore (MOM) has introduced several visas, one of which is a personalized employment pass. Working Here. The overall process might seem straightforward, but we at. You can hire a Personalised Employment Pass (PEP) holder the same way you would hire a Singapore citizen or PR, as long as your company hasnt been restricted by MOM against employing foreigners on a work pass. You must first review the Ministry of Manpower (MOM) PEP rejection letter under the reasons for the rejection section. Your most recent income should not have been drawn more than six months before submitting your PEP application. This pass is not tied with any of the specific employers. Yes, the PEP is a visa that is not tied to the employer. You must apply forEmployment Passinstead. This employment pass is usually a one-time issue work pass. We care about you within 30 days from your purchase, if youre unhappy with our services, well refund our fee. Find out how to apply, the eligibility criteria and required documents. A local company can hire as many PEP as needed. This visa is granted to professionals having certain specific eligibility. You must pick up your pass from Singapores Ministry of Manpower (MOM) office within this time frame. The Overseas Network & Expertise (ONE) Pass is Singapores latest new work passes to attract global talent. Moreover, you only require to fill the below-mentioned details on your Personalised Employment Pass (PEP) application form: If you do not hold any employment pass, then you will need to submit the following for a personalized employment pass: All the submitted documents should be in English. Your annual fixed salary. PEP offers greater flexibility than an Employment Pass (EP). However, the PEP does not exempt you from complying with registration requirements to practise in Singapore for professions such as medicine, dentistry, pharmacy, architecture, law, etc. You should be a current employment pass holder and draw a fixed monthly salary of at least S$12,000 month in Singapore. Highly recommend their services. I needed some passport documents translated from French to English.Singaporetranslators.com provided fast and efficient translation services. The validity period of the personalized employment pass is three years. No, the PEP is not subject to employment quotas in Singapore. If you are proceeding to cancel the pass, ensure the Short-term visit pass for 30 days. Home - Personalized Payroll Services The company offering the job must meet the quotas and other requirements as well. Can A PEP Holder Bring His Family Members To Singapore? Singapore It is not tied to an employer and offers greater flexibility than an Employment Pass. Personalised Employment Pass (PEP) - Help Center - Sleek The characteristics of a Personalised Employment Pass are: The characteristics of an Employment Pass are: In order to qualify for PEP, the applicant must: In addition to meeting one of the salary criteria, you must also: Unlike the EP, an employer doesnt need to apply for a PEP on your behalf, you can apply for it on your own. Individuals must seek special permission before applying to work in such a sector. Here in this article, you will get a complete guide about applying documents, etc., for the personalized employment pass. : 10C2994) in Singapore with over 10 years of expertise in immigration. Teachers work 10 months and get paid for 12 months. The application form for applying for a personalized employment pass filed online gets processed within three weeks. Lim Che Koon. To qualify for a PEP application, the individual must earn at least S$12,000 per month in Singapore or S$18,000 per month if applying overseas. Note:If your PEP is expiring, you will need to get anEmployment PassorS Passto continue working in Singapore. This work pass is for foreign professionals, managers, and executives earning at least S$5,000 a month with acceptable qualifications. What Must I Do To Keep My Personalised Employment Pass Valid? After receiving the In-principle letter, you will get six months to recieve a personalized employment pass.
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