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Making Voluntary Contributions

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Are CPF contributions payable on bonuses given to my employees for their employment in Singapore if they are currently posted overseas?

CPF contributions are not payable for your employees posted to work overseas.

As such, CPF contributions are not required on bonuses paid when your employee is posted overseas. It does not matter if the bonus is granted on account of his employment in Singapore prior to the overseas posting.

Similarly, if your employee is currently working in Singapore, any bonuses that becomes payable during this period would attract CPF contributions.

The above CPF treatments apply only if there is no change in employer, i.e. you are still the employer, despite the change in country of employment for your employee.

Where the Singapore employer and the overseas employer are different legal entities

CPF contributions are payable if:

a.       Your employee has terminated the employment contract with you in Singapore and started a new employment with an overseas employer; and

b.       The bonus is payable by you for your employee’s employment in Singapore.

CPF contributions are not payable if:

a.       The employee has terminated the employment contract with the overseas employer and started a new employment with you in Singapore; and

b.       The bonus is payable by the overseas company for employment overseas.