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Epica FAQ Series

When must I pay my CPF (Central Provident Fund)?

CPF

When must I pay my CPF (Central Provident Fund)?

You are required to pay your CPF (Central Provident Fund) contributions on a monthly basis. CPF Contributions due for a month must be paid within 14 days after the month ends.

The CPF contribution is deducted by the employer from your salary and then directly deposited in your CPF account. So technically you as an employee don’t need to do anything specific.

Foreigner Package

New Company Setup

S$2,600
S$4,000

Local Package

New Company Setup

S$1,100
S$1,700

Transfer Package

Existing Company

S$1,000
S$1,500

Singapore Branch

New Branch Setup

S$4,000
S$5,000

Representative Office

New Setup

S$2,500
S$3,000

BVI Company

Singapore Bank Account

US$2,200
US$3,000

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