Singapore tightens foreigner hiring norms, Indian techies likely to be hit

Singapore tightens foreigner hiring norms, Indian techies likely to be hit

continues to tighten the work-permit process for foreign employees. Many of India’s large groups, including IT companies like TCS, Infosys and Wipro, have a presence in this island nation. From a fund-raising and tax perspective, Singapore holding company structures have become popular for startups, such as Flipkart. However, even a simple deputation to a Singapore entity now means more paperwork, higher costs and a longer processing period. Singapore’s ministry of manpower (MoM) looks into the sponsoring company’s recruitment process. Hiring statistics are to be included with each work visa form for skilled employees. The details required are the number of Singapore citizens, permanent residents (non-Singaporeans having permanent right to stay) and foreigners in the four distinct phases in a job application process like applications received, interviews conducted, offers ...

Full article: https://economictimes.indiatimes.com/jobs/singapore-tight...

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