SDL or Skill Development Levy is a fee imposed on the employers, on top of FWL (Foreign Workers Levy) and CPF (Central Provident Fund) contributions. This levy is mandatory under the Skills Development Levy Act. WDA (Workforce Development Agency) manages and controls it.
SDL is applicable for all employees, including full-time, part-time, temporary, and casual. It is even applied to foreign workers.
All the collected SDL is channeled to the SDF (Skill Development Fund). It is used to:
New Company Setup
New Company Setup
Existing Company
New Branch Setup
New Setup
Singapore Bank Account