Comprehensive Employment and Tax Guide Singapore
General Overview
- Currency: Singapore Dollar (SGD)
- Languages: English, Mandarin, Malay, Tamil
- Public Holidays: 11 days
- Capital: Singapore
- Fiscal Year: 1 April - 31 March
- Minimum Hourly Wage: 7.00 SGD/hour
Tax Essentials
- Income Tax Range: 0-22%
- Other Taxes: GST 7%
Social Security Contributions
- Employer Charges: Employer contributions 17%
- Employee Charges: Employee contributions 20%
Employment Contracts & Conditions
- Contract Types: Permanent, Temporary
- Trial Periods: Up to 3 months
- Paid Holiday: 7 days per year
- Salary Payment Frequencies: Monthly
- Termination Notice: 1 month
Legal Benefits for Employees
- Medical Coverage: Public healthcare system
- Common Non-Compulsory Benefits: Housing allowance, transport allowance
Hiring Non citizen or resident
- Visa & Work Permits Obligation: Mandatory for non-citizens
- High-Skilled Worker Permits: Yes, specific work visa required
- Visa & Work Permits Timelines: 2-3 months, involving employer sponsorship approval and immigration processing for Singapore
The information provided on these countries serves as a general guideline and may
require verification and updates from legal sources or official websites.
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