Value Added Services

APPLICATION OF PASSES (EP/ SP/ WP/ ENTREPASS/ DP)
OPENING BANK ACCOUNT SERVICES
NOMINEE SERVICES
CERTIFICATION AND LEGALISATION

APPLICATION OF PASSES (EMPLOYMENT PASS/ S PASS/ WORK PERMIT/ ENTREPASS/ DEPENDENT PASS)

Singapore Work Pass application and renewal for your foreign staff can be a time-consuming process and challenging if you are not familiar with the various rules and application process set by the Ministry of Manpower (MOM). Any error will be rejected outright by the MOM.

Let our team assist you through this cumbersome process including advise you on your eligible foreign manpower quota, assess your candidate’s profile and apply for the appropriate work pass, real-time tracking of application status with MOM and assist with the issuance of the pass electronically. In the event the application is rejected, we will manage the appeal process for you.

The various types of Singapore work pass categories that are available for foreigners to apply include the following:

Employment Pass (EP)	Professionals, managerial personnel, executives or specialists. Earn at least S$3,600 monthly salary. Must meet acceptable qualifications (good university degree, professional qualifications or specialised skills). Not subject to quota limit and Foreign Worker Levy. Eligible to apply for Singapore Permanent Resident. EP holder who meet eligible criteria can sponsor their spouse, unmarried children and parents to join you in Singapore.
S Pass (SP)	Mid-level skilled foreign staff. Earn at least S$2,400 monthly salary. Must meet acceptable qualifications (i.e. degree, diploma, or technical certification of at least 1 year of full-time study courses for qualified technicians or specialists). Have relevant work experience. Subject to quota limit and Foreign Worker Levy. Eligible to applying for Singapore Permanent Resident. SP holder who meet eligible criteria can sponsor their spouse, unmarried children and parents to join you in Singapore.
Work Permit (WP)	Semi-skilled foreign workers in the construction, manufacturing, marine shipyard, process or services sector Subject to quota limit and Foreign Worker Levy. Employer is required to buy medical insurance for the worker. Employer is required to purchase Security Bond in the form of Banker’s or Insurer’s Guarantee with a guarantee value of S$5,000 for all non-Malaysian worker.

Besides work pass application, YTK can assist you in other passes application like EntrePass, Dependent Pass etc.

OPENING BANK ACCOUNT SERVICES

Need a comparison list to decide which is the right bank to open the account for your business? Are you prefer to meet with banker outside of bank instead of queuing and waiting at bank for bank account opening? There are a lot of account opening documents and constitutional documents to be prepared and submitted for bank account opening. These may sound complicated to you. Why don’t leave them to professionals like YTK and we will assist you to get bank account opening done.

NOMINEE SERVICES

A Singapore company must have at least one director who is “ordinarily resident” in Singapore. If you do not have a local resident director to meet the requirement of the Companies Act, you can appoint us as your nominee director.

Besides nominee director, we do provide nominee shareholder and nominee bank signatory too.

CERTIFICATION AND LEGALISATION

The certified true copies and/or legalised constitutional documents are frequently required for dealings with banks and potential business partners. “Time is money” – you can save your precious time by dealing with us as one contact point and we will liaise with various parties such as Certified Public Accountant, Notary Public and Embassies to get your documents done.