VTS Group

Singapore has announced a new work pass – ONE Pass (AI & Tech) to attract top global talent in artificial intelligence and advanced technologies.

This new pass will replace the existing Tech.Pass and is expected to launch in January 2027. It will allow eligible professionals to work for multiple companies, start businesses, and enjoy a 5-year renewable pass with greater flexibility.

The scheme is targeted at senior AI and tech professionals, founders, and investors, with a general benchmark salary of around SGD 30,000 per month.

If you are in the AI or technology sector and considering relocation or expansion in Singapore, feel free to reach out to us for further information.

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新加坡政府近期宣布推出新的工作准证 ONE Pass（AI & Tech），旨在吸引全球顶尖的人工智能及科技领域人才。

该准证将取代现有的 Tech.Pass，预计于 2027年1月 推出。持有人可同时为多家公司工作、创立企业，并享有 5年有效期且可续期 的高度灵活安排。

该计划主要面向 人工智能及科技领域的高端人才、创业者及投资人，一般薪资门槛约为 每月3万新币。

如果您或您的团队属于 AI 或科技行业，并有意考虑在新加坡发展或设立业务，欢迎与我们联系了解更多信息。

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新加坡政府近期宣布推出新的工作准證 ONE Pass（AI & Tech），旨在吸引全球頂尖的人工智能及科技領域人才。

該准證將取代現有的 Tech.Pass，預計於 2027年1月 推出。持有人可同時為多家公司工作、創立企業，並享有 5年有效期且可續期 的高度靈活安排。

此計劃主要面向 人工智能及科技領域的高端人才、創業者及投資人，一般薪資門檻約為 每月3萬新幣。

如您或您的團隊屬於 AI 或科技行業，並有意考慮在新加坡發展或設立業務，歡迎與我們聯繫了解更多詳情。

Happy Lunar New Year 2026. 🧧
As we step into a new year, VTS Group wishes you renewed energy, smooth progress, and meaningful opportunities ahead. May the year bring clarity, growth, and continued success.

2026 农历新年快乐。🧧
新的一年，VTS Group 祝愿您焕发新能量，前程顺遂，机遇常在。愿未来步伐坚定，持续成长，收获更多成果。

2026 農曆新年快樂。🧧
新的一年，VTS Group 祝願您煥發新能量，前程順遂，機遇常在。願未來步伐堅定，持續成長，收穫更多成果。

Singapore Budget 2026 signals structural shifts for businesses and foreign professionals.

With higher Employment Pass (“EP”) salary thresholds, enhanced wage support, and refined expansion incentives, companies should reassess their workforce strategy, cost structure, and corporate holding framework especially if regional growth is part of the roadmap.

Individuals holding or planning to apply for an EP should also review the revised salary requirements to ensure continued eligibility.

Early planning will be key to staying compliant and competitive.

We would be pleased to discuss how these changes may impact your business or work pass strategy.

2026 年财政预算案带来结构性调整，将影响企业及外籍专业人士的发展环境。

随着就业准证（EP）薪资门槛上调、工资支持政策优化及企业扩展激励完善，企业应重新审视用工结构与成本安排。

已持有或计划申请 EP 的个人，也应关注最新薪资要求，确保资格符合。

建议提前规划。如需进一步探讨，欢迎与我们联系。

VTS Group is welcoming the Chinese New Year with a refreshed office ambience — festive touches that bring warmth, positivity, and new beginnings into our workspace. 🧧✨

A bright start as we prepare to embrace the year ahead together.

VTS Group 以焕然一新的办公氛围迎接春节到来——通过节日布置，为工作空间注入温暖与积极能量，也象征着新的开始。🧧✨

以明亮而充满期待的姿态，一起迎接新一年的到来。

This festive season, VTS Group continues to extend our appreciation with another batch of Chinese New Year gift boxes for our clients.
A small token to celebrate the new year and to thank you for being part of our journey. 🧧✨

在这个喜庆的季节，VTS Group 延续新春祝福，为我们的客户准备了另一批新年礼盒，以此表达我们的感谢与心意。
这一份小小的心意，既是对新年的祝福，也感谢一路以来的支持。🧧✨

A meaningful pre-Chinese New Year celebration with the team — bringing together learning, culture, and connection. 🎋

The session began with a knowledge-sharing segment, followed by a catered lunch and a calligraphy experience guided by a professional teacher. Team members also participated in a friendly writing challenge, with the top three pieces recognised and awarded. 🧧

Beyond the competition, every team member’s calligraphy work was displayed together on the wall — symbolising collective contribution, shared energy, and the efforts carried throughout the year. ✨

As we approach the festive season, we would like to thank the team for remaining focused and committed during a busy period, pushing forward and closing out work responsibly ahead of the holidays. A well-deserved moment to come together before welcoming the new year.

一场有意义的春节前团队活动，将学习、文化与交流融合在一起。🎋

活动从知识分享开始，随后是精心准备的午餐，以及由专业老师带领的书法体验。团队成员也参与了一场轻松友好的书写评比，最终评选出前三名作品并给予奖励。🧧

除了评比之外，每位团队成员的书法作品都被展示在墙面上，象征着大家一整年的共同付出、凝聚的能量与持续的努力。✨

随着春节临近，感谢团队在繁忙阶段依然保持专注与投入，积极推进工作，并在假期前有序完成各项事项。这是一段值得珍惜的相聚时刻，也为迎接新的一年做好准备。

In celebration of the Chinese New Year, VTS Group has prepared a seasonal gift box for our valued clients — a small gesture to express our appreciation and gratitude for the trust and partnership we share. 🧧✨

Wishing everyone a prosperous and meaningful year ahead.

值此新春佳节之际，VTS Group 特别为我们的客户准备了新年礼盒，以此表达我们对长期信任与合作关系的感谢与珍视。🧧✨

祝愿大家在新的一年里顺遂安康，收获满满，开启充满意义的新篇章。

Thoughtfully designed and carefully customised, our VTS Group notebook gift box reflects our commitment to quality, clarity, and meaningful partnerships. ✨📘

A small yet purposeful item, created for both our clients and internal team — because great ideas deserve a place to begin. ✍️

精心设计、用心定制的 VTS Group 笔记本礼盒，体现了我们对品质、清晰表达与长期合作关系的重视。 ✨📘

这一份小而有意义的心意，准备给我们的客户与内部团队——因为每一个好想法，都值得被认真记录。 ✍️

1. 什么是CRS？
共同申报准则（Common Reporting Standard，简称 CRS）是由经济合作与发展组织（OECD）制定的一项全球性税务透明框架，旨在打击跨境逃税行为。根据CRS要求，金融机构需向其所在地的税务机关申报客户的关键信息（例如账户余额、税收居民身份等），相关税务机关再与客户所属税务居民国或者地区进行信息自动交换。

2. 什么是 CRS 2.0？为什么现在尤为重要？
CRS 2.0 是市场上对CRS 最新修订版的通称，新加坡税务局（IRAS）正式将其称为 “修订版 CRS（Amended CRS）”。该修订主要是为了应对数字金融产品的快速发展以及日益复杂的账户与持有结构。其重要性主要体现在以下几个方面：

-全球参与度提升：
更多的国家和司法管辖区加入修订后的CRS框架，以加强跨境税务合作。

-税务透明度进一步提升：
将数字资产纳入申报范围，包括中央银行数字货币（CBDC）、电子钱包以及加密资产衍生品，并与加密资产申报框架（CARF）相衔接。

-更高的合规要求：
包括新加坡在内的税务机关正在引入更严格的尽职调查措施，例如：强制性纳税人识别号（TIN）核验、更严格的身份验证、更全面和细化的申报要求等。

3. CRS 与 CRS 2.0 的主要区别
-资产范围：
CRS主要涵盖传统金融账户；CRS 2.0 新增了电子货币产品及中央银行数字货币（CBDC）。

-尽职调查和 TIN 标准：
CRS 允许较为基础的自我证明，TIN 可选；CRS 2.0 要求更严格的身份验证、强制性 TIN ，并对控权人进行更深入的审查。

-税务居民身份声明：
CRS 通常只依赖单一税收居民身份声明，交叉核查有限；CRS 2.0 要求披露所有适用的税务居民身份。

4. 新加坡CRS 2.0实施时间表
-2024 年 11 月：
新加坡签署了关于 CRS 2.0的《多边主管机构协议》的附加协议以及CARF协议。

-2025年6月：
IRAS正式宣布实施CRS 2.0，申报将于2028 年开始。

-2027 年 1 月：
CRS 2.0 预计将在新加坡正式生效，适用修订后的定义与合规要求。

-2028 年：
新加坡预计首次进行 CRS 2.0 自动信息交换，范围涵盖 2027 报告年度的可申报数据。

我们如何协助
不仅限于合规支持，我们协助机构提前做好准备，并持续与不断演进的 CRS 2.0 要求保持一致。以更从容的姿态应对监管变化。欢迎与我们联系。

1. What is CRS?
The Common Reporting Standard (CRS) is a global framework developed by the OECD to combat cross-border tax evasion. It requires financial institutions to report key client data (such as account balances and tax residence) to their home tax authority, which then shares this information with other jurisdictions where clients are tax residents.

2. What is CRS 2.0 and Why It Matters Now?
CRS 2.0 is a market term commonly used to describe the updated CRS framework, formally referred to by IRAS as the “Amended CRS”. It addresses the rise of digital financial products and increasingly complex account structures. Key reasons for its importance include:

Broader global adoption:
More countries are joining the amended standard for better cooperation.
-Expanded tax transparency:
Digital assets (like Central Bank Digital Currency (CBDC), e-wallets, and crypto derivatives) are now included, linked with the Crypto-Asset Reporting Framework (CARF)
-Greater compliance expectations: Tax authorities (including Singapore’s) are introducing stricter due diligence, mandatory TIN verification, and enhanced reporting requirements.

3. Key Differences: CRS vs. CRS 2.0
Scope of assets:
-CRS covered traditional financial accounts; CRS 2.0 adds electronic money products and CBDCs.
-Due diligence & TIN Standards: CRS allowed basic self-certification and optional TINs; CRS 2.0 requires stronger identity verification, mandatory TINs, and deeper review of controlling persons.
Tax Residency Declaration:
-CRS often relied on a single declared tax residence with minimal cross-checking; CRS 2.0 expects disclosure of all applicable tax residencies.

4. Singapore CRS 2.0 Implementation Timeline
Nov 2024:
-Singapore signs the Addendum to the Multilateral Competent Authority Agreement on CRS 2.0 (and CARF).
June 2025:
-IRAS announces CRS 2.0 implementation -reporting to begin in 2028
January 2027:
CRS 2.0 becomes effective domestically, with revised definitions and requirements.
2028:
-First automatic exchange of CRS 2.0 data expected to commence in Singapore, covering the data for 2027 reportable year.

Helping organisations prepare for CRS 2.0 with clarity and confidence.

💡CPF 2026 Changes (Effective 1 January 2026) — What It Means for Your Business

Here are 2 Key Changes You Should Know:
1. CPF Contribution Rates for Employees Aged 55 to 65 Will Increase By 1.5%
- 0.5% employer | 1% employee
2. Higher Ordinary Wage (OW) Ceiling
- OW ceiling increases from $7,400 to $8,000

💼 What This Means for Companies
👉 Higher Labour Costs
• Higher employer CPF contributions even where base salaries remain unchanged.
👉 Payroll System Updates Required
• Payroll calculations must be updated to reflect the new CPF rates
👉 Strategic Considerations
• Companies should ensure updated CPF costs are reflected in budgets and internal forecasts
• Remuneration structures and workforce composition are reviewed holistically

How We Help
More than payroll processing, we help businesses plan ahead and remain compliant. Navigate CPF 2026 with confidence. Get in touch with us today. 🤝

💡中央公积金 2026 调整（2026 年 1 月 1 日起生效）— 对企业意味着什么

以下是您需要了解的 2 项重点：
1. 55至65岁员工的中央公积金供款缴存率上调 1.5
• 雇主 0.5% | 员工 1%
2. 普通工资（OW）上限提高
• 上限由 $7,400 提高至 $8,000

💼 对公司的影响
👉 人力成本上升
• 即使员工基本薪资未调整，雇主的 CPF 供款成本仍可能增加
👉 工资系统需更新
• 需反映最新缴存率
👉 规划考量
• 将更新后的成本纳入整体预算
• 可以简单回顾目前的薪酬配套以及人员安排

我们如何协助您
我们不仅仅处理工资事务，更协助企业提前规划及确保企业合规。
安心应对中央公积金 2026 变动，今天就联系我们了解更多详情。🤝

Chinese New Year Closure Notice

📅 Closure Period: 16 – 18 February 2026
📌 Business resumes: 19 February 2026

Please be informed that our office will be closed from 16 February to 18 February 2026 in celebration of Chinese New Year.

Wishing everyone a happy and prosperous Lunar New Year.

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农历新年休业通知

📅 休业时间：2026 年 2 月 16 日至 18 日
📌 恢复办公：2026 年 2 月 19 日

值此农历新年之际，本公司将于上述期间暂停办公。

恭祝大家新春快乐，财运亨通。

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農曆新年休業通知

📅 休業時間：2026 年 2 月 16 日至 18 日
📌 恢複辦公：2026 年 2 月 19 日

值此農曆新年之際，本公司將於上述期間暫停辦公。

恭祝大家新春快樂，財運亨通。