Our Employer of Record in Singapore service enables clients to hire employees without the need to operate a local legal entity there.
It makes a big difference to develop a new market with your own personnel on the ground. Particularly for functions related to sales & marketing, business development, distributor management, and service & maintenance, our customers are very satisfied using our Singapore Employer of Record Service.
Our customers and their local teams can be free of the distractions of administrative tasks and complex local employment regulations. So you can entirely focus on the development of your core business.
If your local business grows large enough, you can easily transfer the employees to your own subsidiary. It also provides a quick exit strategy if necessary. In addition to Singapore, we offer Employer of Record services in several other countries.
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More InformationIn Singapore, the Central Provident Fund (CPF) serves as the primary national social security scheme. While the specific CPF contribution rate can differ, employers are recommended to allocate 17% of the employee’s salary as an additional expense on top of the regular salary. This 17% represents the employer’s contribution to the CPF fund. It’s important to note that there are no monthly employee, employer, or payroll tax contributions required in Singapore for this purpose.
FMC Group Singapore
160 Robinson Rd
SINGAPORE 068914
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