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IMPACT – MEDIUM
What is the change? Employers are reminded that a new fee schedule for work passes and related passes will soon take effect.
What does the change mean? Administrative fees for Employment Passes, S Passes, Work Permits and other passes will increase April 1.
Some of the relevant fees are highlighted below (all figures in Singapore dollars):
A full list of the fee changes is available here.
Analysis & Comments: Companies should factor the fee increases into their budgets and, if possible, consider filing affected applications before the rate hikes take effect.
Source: Deloitte LLP. Deloitte LLP is a limited liability partnership registered in England and Wales with registered number OC303675 and its registered office at 1 New Street Square, London EC4A 3HQ, United Kingdom.
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