Whitepaper Cut the middlemen: Advantages of an EOR platform with local entities
Whitepaper Advantages of an EOR platform with local entities
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Country Guide 

Singapore 

Thinking of hiring in the Lion City? Find out everything about Singapore’s unique culture, economy, and opportunities.

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Hiring Guide 

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Tax Compliance in Singapore 

Remundo simplifies compliance by effortlessly generating multi-lingual contracts.

Employee Taxes in Singapore are:  
Employer Costs in Singapore are: 

We automatically calculate these and seamlessly incorporate them into your invoice, ensuring that you consistently pay the accurate amounts at the appropriate intervals.

CURRENCY
SGD $
CAPITAL
Singapore
OFFICIAL LANGUAGE
Tamil, Malay, Mandarin & English
PAYROLL FREQUENCY

Monthly

TIMEZONE
UTC+8
HAPPINESS INDEX

6.587, ranked 25th.

What makes Singaporeans Great Workers?

Singaporeans are known for their exceptional work ethic and commitment to teamwork. Their dedication to group harmony and respect for hierarchy fosters a collaborative work environment that can significantly benefit your multi-cultural team.

Group-Centric and Respect for Hierarchy 

Singaporean work culture places a strong emphasis on group cohesion and respecting authority. Within organizations, hierarchy is meticulously maintained, and juniors are expected to follow directions and acknowledge their status as subordinates.

The workplace is characterized by stringent rules on safety and health, reinforcing the importance of adhering to established norms. Teamwork takes precedence over individual accomplishments, fostering a sense of collective responsibility, shared rewards, and opportunities.

Cultural Diversity & Multilingual Proficiency 

In a globalized world, the ability to communicate fluently in multiple languages, including Malay, English, Tamil, and Mandarin, opens doors to broader markets and facilitates effective cross-cultural collaborations. This proficiency ensures that your business can engage with clients, partners, and customers worldwide, transcending language barriers with ease.

Moreover, cultural diversity nurtures a rich tapestry of ideas and viewpoints within Singapore’s workforce. When applied to projects, this wealth of perspectives fuels innovation, offering fresh insights and approaches to problem-solving.

Indirect Communication and Harmony 

Singaporean workers are known for their indirect communication style, which places a premium on maintaining harmonious relations. They rely on non-verbal cues such as posture, facial expressions, and tone of voice to convey meaning. It’s common for Singaporeans to understate their points and speak ambiguously, a practice aimed at preserving harmony and avoiding potential loss of face for all parties involved.

Respect for Authority and Self-Discipline 

Respect for superiors is deeply ingrained in Singaporean work culture. Addressing supervisors, managers, and other superiors by their titles and last names, or using “Sir” or “Madam,” is a sign of respect.

Singaporean workers prioritize social status, follow hierarchical structures of authority, and adhere to instructions diligently. Additionally, it’s important to be aware of Singapore’s strict public conduct norms, including prohibitions against spitting, chewing gum, and smoking in public spaces.

Cultural norms extend to gestures, where touching someone’s face or head, pointing with the index finger, or using hands on hips are considered inappropriate. When giving or receiving a business card, it’s polite to use both hands as a sign of respect.

Singaporean Economics 

Our statistics are designed to give a rounded overview of economic growth,
buying power, investment potential, and state of personal wellness of the people.
0.5%
GDP 2023

0.5-2.5%

-7.47%
Big Mac Index

7.47% undervalued

2%
Ease of Doing Business Index

Ranked 2nd

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