Can an employer pay benefits in kind to his employees?

Yes, employers can pay benefits in kind for their employees. This is a list of the kinds of gifts allowed.

New Company Setup

^S$2,400

~~S$4,000~~

New Company Setup

^S$1,100

~~S$1,700~~

Existing Company

^S$1,000

~~S$1,500~~

New Branch Setup

^S$4,000

~~S$5,000~~

New Setup

^S$2,500

~~S$3,000~~

Singapore Bank Account

^US$2,200

~~US$3,000~~