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Singapore is one of the world’s most prosperous nations and it has a conducive business environment, efficient legal system, highly skilled workforce, political and economic stability, as well as a very low unemployment rate. These are the pull factors for companies who choose Singapore as the nerve centre for their operations. The economy of Singapore is dominated by services, electronics and chemicals manufacturing, as well as exports. Singapore also ranks high in the Institute for Management Development (IMD) world Competitiveness Ranking.

How to build a team in Singapore

Employers need to follow the strict employment guidelines set forth by the local authorities before they could employ in Singapore. This process can be time-consuming as the company first needs a legal entity in the country and it needs to manage payroll, tax, benefits and compliance.

Global payroll solutions make it easy to find and hire top talent in Singapore. With one seamless integration and local legal entity, we take care of the compliance matters so that you can start your globelizing plan immediately.

Compliance risk

Risk of misclassification

Singapore’s worker classification labour and tax laws distinguish between contractors and full timers. If the individual meets the legal definition of an employee but is classified as a contractor, your company will face penalties.

Let’s not make global expansion overwhelming.
Go global today!

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