Issuu on Google+

Asiabizservices Provides Singapore Personalised Employment Pass Services With the introduction of Personalized Employment Pass, however, more flexible benefits are experienced, and more foreigners are enticed to come to the lion city to pursue employment opportunitites. Asiabiz Services, a company that provides corporate solutions in Singapore recites the four groups eligible for PEP. These are the current EP holders, former P1 holders, overseas professionals, and Singapore graduates. “Current EP holders, whether a P1, P2, or Q1 pass can apply for an PEP. Nevertheless, holders of P2 pass should have held their status active in the last two years, while Q1 pass holders should have shown an active track record of five years,” One of Singapore’s business analysts and currently working for Asiabiz, Chi Han, exclaims. Foreigners who worked previously in Singapore through a P1 pass and currently live in another country may apply for PEP. Nonetheless, Chi warns that “these foreigners must have maintained a job at least in the last six months from the time of application.” Singapore boasts of high quality of educational institutions, especially for higher learning. Foreign students who stayed in Singapore to study are qualified to apply for PEP after graduation and satisfying the merit requirements defined by MOM. Overseas professionals, whose last earning reached S$7,000, are also eligible. Han cites the requirements as the Name and Address of the employer, Job description and Salary details, Local contact details, details of the passport, and details of Dependant pass holders or long-term visit pass holders, whichever is applicable. Asiabiz handles applications of labor passes such as Singapore PEP. From submission of documents to setting an appointment with MOM for collection, a representative shall guide the foreign applicant throughout the steps. More foreigners prefer PEP because unlike the EP, the personalized pass allows them six months to stay in Singapore to assess employment opportunities should the former employment contract ceases. In addition, there is no need for PEP holders to revoke the labor pass each time the employer changes. “Regardless of the number of times PEP holders have during the validity of their labor pass, they are not required to go through the process of revocation and application of a new labor pass,” chimes Han, saying additionally that privileges of EP pass are carried over to PEP including Dependant pass. As a solution provider, Asiabiz Services also offers application for Dependant pass and other labor passes issued by the Ministry of Manpower. Company registration and continual compliance with requirements are also among its specializations. About the Publisher: Asiabizservices offers one-stop business solutions to companies, particularly, those that are managed and owned by foreign investors. Since its inception, Asiabizservices has successfully helped foreign entrepreneurs form a Singapore company. Among its specializations are Singapore company setup, corporate services, accounting services, nominee services, company registration, whether as a sole proprietorship, private limited, limited liability partnership; offshore company formation, incorporation of foreign companies either as a branch or subsidiary office, accounting services including payroll preparation and more. Asiabizservices is the leading provider of Singapore Company Incorporation services and has successfully helped thousands of both local and foreign entrepreneurs Incorporate a Singapore


Company. It also provides chartered secretarial services. For more information visit: AsiaBizServices PTE LTD address: 120 Telok Ayer Street Singapore 068589 phone: +6563034614 email: sales@asiabizservices.com website: http://www.asiabizservices.com/


Asiabizservices Provides Singapore Personalised Employment Pass Services