New fees to go into effect April 1

IMPACT – MEDIUM

What is the change? Employers are reminded that a new fee schedule for work passes and related passes will soon take effect.

What does the change mean? Administrative fees for Employment Passes, S Passes, Work Permits and other passes will increase April 1.

• Implementation time frame: April 1.
• Visas/permits affected: Employment Passes, S Passes, Work Permits and other passes administered by the Ministry of Manpower.
• Business impact: The fee increase will raise the cost of employing foreign nationals and sponsoring related passes for accompanying family or other immigration pass types.

Some of the relevant fees are highlighted below (all figures in Singapore dollars):

A full list of the fee changes is available here.

Analysis & Comments: Companies should factor the fee increases into their budgets and, if possible, consider filing affected applications before the rate hikes take effect.

Source: Deloitte LLP. Deloitte LLP is a limited liability partnership registered in England and Wales with registered number OC303675 and its registered office at 1 New Street Square, London EC4A 3HQ, United Kingdom.