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Hiring Employees in Singapore: A Definitive Guide

Velocity Global

Singapore is a top country for growing tech companies and one of the easiest markets to do business in. However, hiring employees in Singapore can be difficult for global employers who must navigate challenges like complicated tax laws and strict immigration policies. Why Employ Foreign Workers in Singapore?

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Top ASEAN Countries for Companies Based in the Netherlands

Globalization Partners

Singapore and the Netherlands share ties that go back 400 years. Singapore has had a trade agreement with the European Union (EU) since 2019. Both Singapore and EU countries have established market access to each other, and the agreement ensures the protection of companies’ intellectual properties. The Philippines.

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The Complete Guide to 13th-Month Pay

Velocity Global

Hiring talent overseas means navigating employment laws unique to each market, which complicates businesses’ global expansion plans. Before companies hire talent overseas, they must consider how 13th-month pay impacts their global expansion plans and prepare accordingly.

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Singapore Employment Update: New Rules for Dependant’s Pass Holders

Velocity Global

On May 1, 2021, Singapore implemented a new rule affecting Dependant’s Pass (DP) holders working in the country. The regulation changes the requirements for DP holders seeking employment in Singapore. Read on to learn about the details of the new rule and what DP holders must do to work in Singapore compliantly. .

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Minimum Wage by Country in 2023: A Guide for Global Employers

Velocity Global

Read this guide for a breakdown of minimum wage requirements by country and region. Plus, learn how partnering with a global expert eliminates compliance risks when hiring internationally. Singapore The average minimum monthly salary in Singapore is about US$1,591 (SGD 2,140).

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Business Growth Strategies: 8 Steps to Take Your Business Global

Velocity Global

The Ansoff Matrix is a business growth strategy model that can guide entrepreneurs to the type of growth they’re looking for. Tip: Once you’ve picked your locale, hire local talent to immerse yourself into the culture and make yourself a welcome partner. What Is the Ansoff Growth Matrix? Conduct Market Research. Prepare Financially.

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How to Establish Your Company in Hong Kong

Globalization Partners

That’s why we’ve created this comprehensive guide to company formation. The World Bank has named Hong Kong third in its rankings of international business friendliness , just behind New Zealand and Singapore. Hong Kong ranks fourth in this metric, behind only Macao, Monaco, and Singapore. Recruiting and hiring.

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