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Employers are reminded to provide their latest turnover figures for the 2023 fiscal year to the Singapore Ministry of Manpower.
Key Points:
Additional Information: The Ministry of Manpower launched the new EP eService earlier this year to replace EP Online. All EP and S pass transactions are available through the new EP eService. The launch of EP eService was intended to provide an improved digital experience and be more user-friendly and intuitive.
BAL Analysis: Employers are reminded to provide their latest turnover figures for fiscal year 2023 through EP eService on their MyMOMPortal. The update may also be completed by employees through CorpPass. The government requires employers to update their company’s last fiscal year of financial turnover data in the system before additional applications can be filed. Sponsoring companies are encouraged to complete the requirement early to prevent delays when submitting applications.
This alert has been provided by the BAL Global Practice Group.
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