This is an update to our previous Alert on the Complementarity Assessment (COMPASS) Framework in November 2022.
Effective from 1 September 2023, the Ministry of Manpower (“MOM”) will launch the COMPASS framework to determine foreign professionals’ eligibility for Employment Pass (“EP”) in Singapore. Under the COMPASS framework, an applicant must score at least 40 points on four foundation criteria (i.e., salary, qualifications, diversity, and support for local employment) and two bonus criteria (i.e., skills and strategic economic priorities).
Download the tax alert to learn more.