Our collection of resources based on what we have learned on the ground
Resources
Q&A
Advantages of Using Singapore as a Base to Manage ASEAN Investments
- September 2019
- Free Access
As ASEAN continues to integrate, and countries such as Cambodia, Vietnam and Indonesia continue to grow and attract attention from FDI investors, Singapore’s importance as the entry point for investment is likely to increase. In this Q&A session, ...
Q&A
Singapore's New Employment Act
- March 2019
- Free Access
Singapore’s new Employment Act will take effect soon. Before her March 26 webinar, Singapore Manager Richelle Tay addressed some common questions about reforms and their impact on employers. When will the new employment law come into effect? ...
Q&A
Are there any special considerations for foreign employees’ salary in Singapor...
- June 2017
- Members Access
According to Singapore’s Employment Act applicable to both local and foreign employees, there is no statutory requirement on minimum salary to which employers are bound to. Nevertheless, when hiring a foreign national, employers must consider t...
Q&A
How is Singapore's Individual Income Tax (IIT) determined?
- June 2017
- Members Access
Progressive in nature, the Individual Income Tax (IIT) is determined by a percentage ranging from zero to 22 percent on each individual specific earnings. For example, lower than or equal to S$20,000 (US$14,200) corresponds to a zero percent income t...
Q&A
How is income tax liability determined in Singapore?
- June 2017
- Members Access
To determine income tax liability one must refer to the taxpayer’s residency status. An individual is a tax resident in Singapore if they are: a) a Singaporean; b) a Singapore Permanent Resident who resides in Singapore; c) a foreigner who has ...
Q&A
How is the income tax rate determined for non-residents in Singapore?
- June 2017
- Members Access
If an individual is physically present in Singapore for 61-182 days, his or her employment income is taxed at the flat rate of 15 percent or the progressive resident rate, whichever is higher. Director fees and other income are taxed at 22 percent. P...
Q&A
Do foreign nationals working in Singapore have to contribute to Singapore's soci...
- June 2017
- Members Access
Employers are exempted from making Central Provident Fund (CPF) contributions for foreign employees on an employment/professional visit pass or work permit. CPF is Singapore’s comprehensive social security scheme that addresses home-ownership, ...
Q&A
What are the working hours/days in ASEAN countries?
- December 2016
- Members Access
All ASEAN countries have a maximum of six working days per week and an eight hour work day; in Brunei, Cambodia, Laos, Malaysia, Thailand and Vietnam this results in a maximum of 48 hours of work per week. In Myanmar and Singapore, though the limit o...
Q&A
How much is paid for working at night or during rest days in ASEAN countries?
- December 2016
- Members Access
All ASEAN countries, except for Indonesia and Thailand, charge an additional premium for night work and rest days, but the premium varies considerably: Indonesia and Thailand have no formally imposed premium; the Philippines has a 10 percent premium ...
Q&A
What are the costs of social insurance for employers and employees in ASEAN coun...
- December 2016
- Members Access
Usually more developed countries with more expansive social programs charge higher rates, as is the case in Singapore, where an employee must contribute 20 percent of wages and employers 16 percent toward the main social insurance programs. Malaysia ...
Q&A
What was one of the likely causes of Indonesia’s inability to meet its growth ...
- October 2016
- Free Access
During the 1980s and 90s, Indonesia’s manufacturing sector saw significant growth. However, in the early 2000s, the government began to focus on commodity exports to meet growing Chinese demand for resources. In doing so, the nation...
Q&A
What is a potential downside of investing in Indonesian Special Economic Zones (...
- October 2016
- Free Access
Indonesia’s Special Economic Zones (SEZs) offer investors preferential regulatory infrastructure and tax policies. Indonesia currently has nine SEZs in place, and President Joko Widodo’s government plans for a total of twenty-five b...
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