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SINGAPORE: Reminder to Update the “Value of Turnover” in EPOL Accounts
March 29, 2021
We would like to remind employers to please update the ‘Value of Turnover’ in their EPOL account. If the employers has more than one EPOL account because of multiple legal entities in Singapore, then please update them all.
This is not a new process, and it is the company’s obligation to update the ‘Value of Turnover’ information each year.
Please note that only the authorised EPOL User will be able to update the information, by logging in to the MOM’s EP Online system. The EPOL User will then need to click on ‘Change Particulars’ and then click on ‘Company Details’.
Although Newland Chase can assist to update the ‘Value of Turnover’ for some clients (if we have access to their EPOL account), due to the nature of the confidential information, we highly recommend that employers update the ‘Value of Turnover’ information themselves.
For clients where Newland Chase has access to their EPOL account, if the client needs assistance to update the ‘Value of Turnover’ information in their EPOL, please note that we will quote the fee to the client accordingly.
For general advice and information on immigration and business travel to Singapore, please contact us.
