What to Do Before Leaving Singapore
Most people who have had their EP cancelled will spend the remaining 30 days in Singapore to complete any remaining formalities because the 30-day validity period of the STVP may not be extended. Those who have plans to continue working and living in Singapore may apply for jobs during this period. However, those who are offered a job must apply for a new EP.
Similarly, those who plan to remain in Singapore to set up a business will also be required to apply for an appropriate pass. This is where we at Paul Hype Page & Co offer our services. We offer a package that covers both the processes of company incorporation and EP application.
Those who violate the terms of the STVP’s validity will be punished accordingly or possibly even deported. Such offenders are also likely to be barred from receiving any further Singapore work passes.
Formalities to attend to:
1. Tax Clearance for Foreign & SPR Employees (IR21)
Confirm with your employer as employers have the responsibility to file the Form IR21 and withhold all monies due to the employee for tax clearance purpose. This applies to all work pass holders including Personalised Employment Pass (PEP) holders.
2. Accommodation payment and deposit matters
Those who have been renting must inform their landowner, settle any payments, collect their deposit. They must also close accounts with any utility providers and collect any unclaimed deposits.
3. Bank account maintenance or closing
The banks with which the person leaving has accounts must be notified, as well as any relevant credit card and insurance companies. All payments are to be made before departure.
4. Schools or organisations your Dependents may be tied to
Those who have dependents in Singapore must also ensure that all institutions to which dependents are attached are appropriately notified.
If you are facing the end of employment and cancellation for your EP, we strongly recommend that you see this as an opportunity. You’ve travelled far, have settled in a foreign country and you know that you qualify as a foreign professional in Singapore. Stay, whether it is to find your next employment or build your own business, stay and reap the benefits. Get another employment pass to physically attend interviews or business dealings to increase your chances of clinching the next big thing. Along the way, get an experienced professional, one that cares about your business as much as we do, to guide you through.