Phyrex
Phyrex|1月 09, 2026 08:23
In fact, Singapore's charity system is very transparent, and the difference in fees should not exceed 10%. Firstly, the cost of an EP is approximately $10000, and if it's cheap, it can be done for SGD 10000. The difference lies in whether it can help you with identity planning and provide follow-up services. This price is already very transparent. The maintenance cost is divided into two parts, one is tax and the other is maintenance fee. Firstly, there are two types of EP: one is self employment, which means starting one's own company, and the other is employment, which means obtaining a work permit and working for someone else's company. Personal taxes are the same, but the biggest cost difference is that self employment requires a turnover. Generally, most employees have their own companies, so they need an assistant company to help with financial and turnover matters. The cost of this is about $2000 per year. Then the company's tax depends on its performance, and if the performance is good, it should be paid more. Generally speaking, it must be 10% higher than one's income, which is the minimum. There isn't much money in this area. Then there is personal tax, which mainly depends on educational background. For those with a bachelor's degree or above, their basic salary can be reduced to around 12000 Singapore dollars, and the annual tax is about 10%, with a small amount of tax reduction plans available. If the education level does not reach undergraduate level, the basic salary line is 22000 Singapore dollars, and the annual tax is about 33000 Singapore dollars, which can also have a small reduction, but it is only a fraction. So taxes are the biggest cost, unless you have obtained a PR or become a citizen, it is difficult to reduce this cost. Here's a tip: if your education is not good, you can spend money on studying, about $10000, for a master's degree in seven or eight months, and then apply for an EP. If you are already a high paying EP, even if your education level is improved, it is almost impossible to lower it. However, paying high taxes is not without benefits. Handling PR will be easier, and the higher the tax payment, the lower the relative difficulty. The estimated cost for one year is between SGD 15000 (with education) and SGD 35000 (without education). @bitget VIP, Lower rates and more generous benefits
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