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SINGAPORE issues Long Term Pass card for FOREIGNERS , says Singapore Company Setup
As part of the government’s initiative to enhance the national security of the country, Singapore will issue a new Long Term Pass (LTP) card to all foreigners residing in Singapore.
By: satish bakhda
With the introduction of the LTP, current stamp endorsement on the travel documents and the paper-laminated Disembarkation/
• Employment Pass holders
• EntrePass holders
• Personalized Employment Pass holders
• Training Employment Pass holders
• Work Holiday Pass holders
• Dependants Pass and long term visit pass holders whose passes are tied to Work Pass holders (i.e. Dependants of Employment Pass holders)
LTP cardholders will also be able to enjoy expedited and automated immigration clearance at major checkpoints around Singapore, if their foreign-issued passports are compliant with the standards set by the International Civil Aviation Organization. Such cardholders who are eligible for automated clearance will be advised accordingly at the point of registration.
Existing holders of various Passes will transit to the new LTP cards from the second quarter of 2009, during the renewal of their passes. Pass holders will be informed on when and how to report for registration. MOM will also open a new Employment Pass Services Center in 2009 to register and issue the new cards to those currently holding the various types of passes. All new long term visit pass and STP holders will be issued with LTP cards in the second half of 2008.
Welcoming the new card with enhanced security features Ms. Ragini Dhanvantray of Rikvin Consultancy says “Singapore is always a step ahead when it comes to security but it does so without compromising on convenience. With the new LTP card many foreigners on Long term work passes and similar passes can be assured of the safety of their identity as well enjoy fast, automated and easy clearance at major checkpoints in Singapore. It is typical of the Singapore government which is keen on attracting foreign talent by providing better living standards, to equally extend modernization, style, security and comfort to all aspects of their life in Singapore.
This is one of the reasons which attracts many foreigners and international companies to choose Singapore to live, work and play”
Singapore Employment Pass / Singapore EntrePass
Foreign entrepreneurs who wish to establish their company and reside in Singapore, have two options to choose from, Entrepass and Employment pass. Each one has its own advantage in terms of ease of approval, processing period and mandatory requirements.
To read more on the Comparison of Employment Pass versus EntrePass, please visit the followings Link: http://www.rikvin.com/
Rikvin consultancy provides highly professional company incorporation services, both in attractive standard packages as well as customized services. Online incorporation being a hallmark service, other services of Rikvin include
• Offshore Incorporation
• Singapore Immigration -EntrePass / Employment Pass
• GST Registration
• Accounting Services
• Tax Planning & Consulting
• Business Plan Drafting
For More information on Singapore Company setup, please visir our website: http://www.rikvin.com
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Rikvin also provides a full range of accounting services for companies who require a complete and properly constructed set of financial statements for their business purposes. For further information visit http://www.rikvin.com