Are you an expat working in Singapore and concerned about renewing your employment pass? Understanding the process and conditions for employment permit renewal in Singapore is critical for a seamless transition and long-term work in the country.
Singapore EP renewal is more than just an administrative exercise. You should have the necessary paperwork to renew your EP. If your EP is part of your own business, you have authority over company-level finances and contracts.
In this article, we will go over the essential considerations and activities you need to take to properly renew your employment pass without problem.
Steps in Renewing a Work Permit in Singapore
You must apply for your work permit renewal before it expires. Here is the procedure:
Step 1: Prepare the appropriate documentation– Before renewing your employee’s work visa, obtain the necessary documentation, including
-A scanned copy of the worker’s passport: Ensure that the passport is valid for the duration of the proposed job.
-Security Bond Form: It assures good behavior and compliance with employment laws. Before renewing the permit, the bank or insurance firm must submit the new security bond information.
-Medical insurance ensures that your employee can receive medical care when necessary.
-Details for Secure Card Delivery are required to obtain the new work permit with enhanced security features.
Step 2: Fill out the Online Work Permit Renewal Form– You must submit the WP online renewal form via the Ministry of Manpower (MOM) website.
-When renewing your Foreign Domestic Worker (FDW) work permit, log in to the FDW eService with your SingPass.
-Make sure you attach scanned copies of your employee’s passport, personal particulars page, security bond (if applicable), personal accident insurance, and medical insurance.
Step 3: Collect the New Work Permit in Singapore– Once approved, the MOM will send you a notice to renew your work permit. Then, go to the MOM’s Work Pass Division and get your new work permits.
For verification, you must maintain the essential documents nearby, including
-In-principle Approval (IPA) letter
-The employee’s passport
When to Renew a Work Permit?
MOM’s renewal mail normally arrives about 8 weeks before it expires. Otherwise, you will be fined for overstaying in Singapore.
If your employees want to travel overseas just before the expiration date, you should renew their work permits before they depart.
Late Renewals: Even if you renew your Work Permit late, you are still responsible for the tax once it expires. Penalties or fines for overstaying may also be levied.
Duration of Work Permit Renewal
A Work Permit is normally good for two years. However, its duration could be shorter based on many conditions, such as
-Employee’s passport validity
-Check the security bond’s authenticity. If it is fewer than 26 months, the security bond is valid for an additional two months.
-Employee’s employment period
In Summary
Renewing an Employment Pass (EP) in Singapore requires a methodical approach and certain considerations to ensure compliance with Ministry of Manpower (MOM) rules.
Furthermore, the Employment Pass application is critical for individuals, businesses, and the whole economy. It allows international professionals to operate legally in Singapore, promotes personal and professional development, assists employers in accessing global talent, assures compliance with local regulations, and stimulates regional economic growth and competitiveness.
Gather your paperwork, update your resume, and make sure you match the eligibility requirements. Contact EBOS cloud accountants to begin your application process and embark on a lucrative career experience.
