Hire full-time talent anywhere with EOR
Easily manage and pay your contractors
Run payroll with or without a subsidiary
Benefits & insurances for your workforce
Relocation and visa made easy
Find the best candidates for your team
Hire from $49, scalable & transparent
Hire in +180 countries
Data protection & Security
Our borderless team and our global purpose
How businesses accelarate hiring with Horizons
Become a partner and benefit from unique offerings
Discover our international offices
Join our mission to shaping the New World of Work
Hire in 180+ countries in 24 hours
Convert independent contractors
Streamline your global operations
Hit your hiring targets faster
Make payroll seamless for your employees.
Hire abroad without legal admin
Shape your strategy with key insights
A behind-the-scenes look at the best EOR
Learn about the Horizons platform
Contact our support team
Calculate employment cost
Calculate employee misclassification risk
Back
SALARY PAYMENT IN Singapore Dollar (SGD)
CONTRACT LANGUAGES English
PAYROLL TAX 22%
PAYROLL CYCLE Monthly
TIME TO HIRE 12 hours
Get Started
Hire and pay talents
with Horizons in
180+ countries
Singapore has a straightforward social security system based almost entirely on contributions to the Central Provident Fund (CPD).
The social security system in Singapore is operated through the Central Provident Fund (CPF). This mandatory social security savings scheme is funded by joint contributions made by employers and employees and is designed to cover health care, retirement and home ownership needs of Singaporean citizens and permanent residents.
Employees are required to contribute 20% of monthly earnings subject to a maximum monthly salary ceiling of SGD 6,000. However, voluntary contributions above the mandatory amounts can be paid.
Employers are required to contribute 17% of employees’ monthly salaries subject to a maximum monthly salary ceiling of SGD 6,000. However, voluntary contributions above the mandatory amounts can be paid.
Mandatory contributions in Singapore are generally simpler than in neighboring countries, such as China (with ‘the 5 Insurances’) and Malaysia (with both the Employees Provident Fund and employment injury insurance).
Your business can easily hire employees in Singapore without opening a local entity. We handle local employment law, complex tax regulations, and international payroll in 180+ countries worldwide. All you need to do is focus on your business.
Employers are required to contribute 17% of employees’ monthly salaries subject to a maximum monthly salary ceiling of SGD 6,000.
Social security contributions are designed to cover healthcare, retirement and home ownership needs of Singaporean citizens and permanent residents.
Headquarters – Europe
Skalitzer Str. 85/86
10997 Berlin
+49 30 3119 9653
Americas
1700 S. Lamar Blvd Suite 338
Austin, Texas 78704
+1 (737) 265-6065
Asia-Pacific & Oceania
71 Robinson Road #13-153
Singapore 068895
+65 3158 1382
See more locations
Horizons © 2023 – Privacy Imprint & Terms Third-Party Processor GDPR Policy