Levy For Work Permit holders in Singapore?

Is there Levy for Work Permit holders in Singapore? Is Work Permit subject to levy in Singapore?  Is Foreign Worker Levy (FWL) applicable to Work Permit holders in Singapore?

Foreign Worker Levy: If you employ Work Permit or S Pass holders you may be limited by a quota for your industry. You will also have to pay a monthly levy for each Work Permit or S Pass holder.

The foreign worker levy, commonly known as “levy”, is a pricing mechanism to regulate the number of foreign workers in Singapore.

The levy liability will start from the day the Temporary Work Permit, Work Permit or S Pass is issued, whichever is earlier. It ends when the permit is cancelled or expires.

As an employer, you don’t have to pay Central Provident Fund (CPF) contributions for foreign workers. However, you must pay a monthly levy for Work Permit and S Pass holders.