{"id":34760,"date":"2025-02-21T08:39:10","date_gmt":"2025-02-21T08:39:10","guid":{"rendered":"https:\/\/employmenthero.com\/nz\/singapore\/"},"modified":"2026-02-18T06:28:40","modified_gmt":"2026-02-18T06:28:40","slug":"singapore","status":"publish","type":"page","link":"https:\/\/employmenthero.com\/nz\/products\/employer-of-record\/singapore\/","title":{"rendered":"Hire Employees in Singapore"},"content":{"rendered":"\n
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Hire Employees in Singapore<\/h1>\n\n\n\n

Looking to hire employees in Singapore? HeroForce is your Employer of Record, helping you find and hire the skills you need.<\/p>\n\n\n\n

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Book a demo<\/a><\/div>\n\n\n\n
Download our Hiring Guide<\/a><\/div>\n<\/div>\n<\/div>\n\n\n\n
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Key Facts<\/h2>\n\n\n\n
Employment Terms<\/th><\/th><\/tr><\/thead>
Timezone<\/td>GMT +8<\/td><\/tr>
Currency<\/td>Singapore Dollar (SGD)<\/td><\/tr>
Capital city<\/td>Singapore<\/td><\/tr>
Official language(s)<\/td>English, Malay, Mandarin and Tamil<\/td><\/tr>
Ease of doing business<\/td>Very friendly to business (#2 out of 190)<\/td><\/tr>
Minimum wage<\/td>There is no minimum wage in Singapore (with few exceptions)<\/td><\/tr>
Estimated employer cost<\/td>17 \u2013 17.25%<\/td><\/tr>
Employer retirement contribution: Central Provident Fund (CPF)<\/td>As an employer, you\u2019re required to contribute to the Central Provident Fund (CPF) for your employees who are Singapore Citizens or Singapore Permanent Residents. CPF covers contributions to Retirement, government healthcare and social housing. The contribution rates for employers are:
  • Under 55 years old : 17% of ordinary wages (incl. base salary, recurring allowances, etc) capped at SGD 1,020.00 per month + 17% of additional wages (non-recurring remuneration).<\/li>
  • Over 55 years old : From 14% to 7.5% of ordinary wages capped at SGD 1,020.00 per month + 14% to 7.5% of additional wages.<\/li><\/ul><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n