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Open a Singapore Recruitment Company

Updated on Thursday 19th May 2016

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Open-a-Singapore-Recruitment-CompanyEmployment agencies in Singapore

Employment agencies in Singapore are established in order to facilitate other company with the recruitment of personnel. Employment agencies may also help Singapore companies to hire personnel from abroad. As the Singapore employment market has expanded a lot during the last years, more and more recruitment agencies have also started to appear. However, there are certain requirements to be met before starting an employment agency in Singapore. Among these, the recruitment agency must obtain certain business licenses with the Ministry of Manpower in Singapore.

The video below shows the main steps to open a recruitment agency in Singapore:

Recruitment agency license in Singapore

All companies or citizens in Singapore involved in employment agency activities are required to apply for an employment agency license with the Ministry of Manpower. Singapore employment agencies activities mean:

  • - interviewing candidates about job applications,
  • - collecting resumes of candidates looking for employment in Singapore,
  • - submitting employment visa applications on behalf of a company or a candidate,
  • - facilitating the placement of employees.

Singapore recruitment agencies may select the type of license it wants to apply for:

  • - the select license for recruitment agencies placing candidates with a monthly salary exceeding 7,000 S$,
  • - the comprehensive license for all other recruitment agency activities.

Our Singapore consultants in company formation will guide you through the license application procedure with the Ministry of Manpower.

Company formation procedure for a Singapore recruitment agency

The first step when opening a recruitment agency is to select the type of Singapore company and register it with the Trade Register. Once the company is registered, a business office must be selected for which an approval from the Urban Redevelopment Authority of Singapore must be obtained. The third step will be the application for the employment agency license. Depending on the type of employment agency license, Singapore recruitment companies are required to pay a security deposit as it follows:

  • - for the select license the security deposit is 20,000 S$,
  • - for the comprehensive license the security deposit varies between 20,000 $S and 60,000 S$ depending on the placement volume.

Employees of recruitments companies in Singapore must pass the Certificate for Employment Intermediaries (CEI) course. The personnel of Singapore employment agencies must also register with Ministry of Manpower.

For recruitment company registration please contact our specialists in company incorporation in Singapore.

 

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