Post by Jenga Anderson Global

Are your company’s financial statements ready to defend your Employment Pass renewals? With the 2026 COMPASS framework updates fully impacting EP renewals starting July 1, the era of relying on simple holding structures or individual salary benchmarks is over. Many founders and expats assume their renewals are safe because they meet the new SGD 5,600 / SGD 6,200 salary thresholds. However, the true bottleneck lies in "Operational Substance." Without robust financial reporting and accurate tax declarations, your entity will fail to secure the critical firm-level points, leading to automated rejections. We’ve published a comprehensive guide on navigating this cross-border governance challenge. Discover how to align your financial audits with your talent strategy to ensure seamless renewals. Read the full article here. 📄👇 #SingaporeExpats #BusinessExpansion #WealthManagement #Founders #MOMSingapore #JengaAnderson #TaxCompliance #CrossBorderBusiness #EP