Employers in Singapore must update their company’s last three years of financial turnover data in the Employment Pass Online system before they can submit a work pass application. If the turnover value for any particular year is not available – such as if the employer is a newly-opened business or the business was not in operation during that year – the company will have to indicate this by entering a 0 in the system until such data is available.
This alert is for informational purposes only. If you have any questions, please contact the global immigration professional with whom you work at Fragomen or send an email to [email protected].
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