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Is owner of Sole Proprietor counted for Quota?

In:
The following employees are also not counted when calculating your quota:
  • Business owners of sole proprietorships or partnerships.
  • Employees who receive CPF contributions from three or more employers.

If you have multiple CPF accounts in your company, you should not contribute CPF for the same employee under the different accounts to get more quota.

If youΒ hired new employees recently, you won’t see an immediate adjustment in your quota. It depends on when you pay the CPF contribution for each employee.

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

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