Is shareholder counted for quota?

If your individual shareholder is either Singapore Citizen or Permanent Resident who is also working in your company as an employee under a contract of service then his/her count will also be included for LQS subject to the LQS conditions.

What is the Local Qualifying Salary (LQS)?

What is called Full-Time Equivalent salary?

The Local Qualifying Salary (LQS) determines the number of local employees who can be used to calculate your Work Permit and S Pass quota entitlement. The LQS was previously known as the Full-Time Equivalent salary.

The LQS ensures that local workers are employed meaningfully, rather than being employed on token salaries to allow the employer access to foreign workers. This also ensures that quota controls remain effective and keep pace with income levels.

A Singaporean or Permanent Resident employee employed under a contract of service, including the company’s director, is counted as:

You can use the Quota calculator at MOM website at: www.mom.gov.sg

Click here to learn more about this query.