Itβs due to make room for adjustment with their earnings with new mandatory deduction of CPF. Thatβs the reason, the CPF...
Why there is different type of CPF contribution rates?
The CPF contribution rates are subject to the Age, Earnings and the status of citizenship regardless of the type of empl...
Should I pay full rate of CPF for a new Permanent Resident (SPR)?
No, itβs not mandatory or compulsory to pay the full contribution rate for the first and second year of Permanent Reside...
Do I need to OR should I pay CPF to my foreign employees?
No. You are not required to contribute CPF to any type of foreign employees.
Is it compulsory to contribute CPF to the employees?
Yes, itβs mandatory or statutorily required to contribute CPF only to the local employees who are Singapore Citizens and...
Can I employ the people as soon as the registration of business is over?
Yes, you can start to recruit the local employees once the incorporation of business is completed.