Request for MOM Approval to Transfer Work Pass Holders Due to Business Restructuring
You can request for MOM to help transfer your work pass holders to your new company if your company is undergoing business restructuring.
Business Restructuring Scenarios and Criteria
Type of business restructuring | Requirements |
Changing to another type of business entity (from sole proprietorship to private limited company) | At least one of the partners or the sole proprietor from the previous business must move to your new company |
Undergoing business restructuring (merger, acquisition, amalgamation or decentralisation of corporate function) | Must provide proof of buyer and seller relationship, including legal documents. |
Levy payment
The normal levy and quota requirements will apply to both companies during the transfer of foreign workers.
Note: The new company should only make CPF contributions for the local employees after the transfer request is approved. Otherwise, the new company may get a higher levy bill than necessary.
Check that you have the following documents for uploading:
• Signed undertaking letter www.mom.gov.sg/cobe-undertaking-letter
• Details of your work pass holders (in excel format) with the following information :
Name
FIN or Work Permit number
Pass type
Expiry date
Nationality
CPF Submission Number (CSN) of previous company
CPF Submission Number (CSN) of new company
For company that is undergoing business restructuring (e.g. merger, acquisition or amalgamation):
For transfer request that includes Work Permit or S Pass holders:
If you are an authorised employment agent or third party, please ensure you have details of the representative (previous and new company) before you proceed:
Name
Email
Local contact number
How to Submit a Request
1.Declare business activity
Declare your new company business activity. It must be in same sector as previous entity.
2. Renew work passes
Renew work passes in previous company for those expiring in less than 2 months.
3. Prepare documents
Undertaking letter (PDF) by previous and new company
List of foreign workers (in excel format) stating their FIN, name, work pass types, pass expiry date.
Only if prompted:
CPF form 90 of both companies
Business restructuring documents
4. Submit the transfer request
Submit the online form 1.5 to 2 months before the intended transfer.
The requestor will receive an email upon success of transfer. The new company name will be updated in MOM's records.
The new company must then complete the following:
Start contributing CPF for the transferred local employees.
Log in to myMOM Portal or WP Online to apply replacement cards for the transferred workers within 28 days. You need to pay replacement fee of $60 per card to ensure that the new company name is reflected on the card.
Arrange to pay foreign worker levy through GIRO.
Update medical insurance policy.
How Long it Takes
MOM will email you the outcome within 2 months for most cases.
What Need to be Paid
You must:
Buy new security bonds if transfer includes non-Malaysian Work Permit holders.
Pay card replacement fee of $60 per worker to reflect new company name.
Buy new medical insurance
Request form for change of business entity (COBE)
Ministry of Manpower
https://www.mom.gov.sg › documents › passes
14 Apr 2011 — This form is for change of business entity to transfer all existing foreign employees under the old business entity to the new business entity.
2 pages
Notify MOM of updates: Work Permit
Ministry of Manpower
https://www.mom.gov.sg › notify-mom-of-changes
You can only transfer workers within the same business sector and you must have the consent of the existing employer. · If your pre-approval request is granted, ...
Notify MOM of updates: Employment Pass
Ministry of Manpower
https://www.mom.gov.sg › notify-mom-of-changes
If you're an EP holder or employer, find out when and how to notify MOM of changes, including updates to company name and address, occupation, salary and ...
MOM | How do I transfer my company's work pass holders if ...
ask gov
https://ask.gov.sg › mom › questions
10 Nov 2023 — Sole proprietor from the previous company must either be a director or partner in the new company. Transfer all your work pass holders to your ...
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