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For HR and global mobility teams sending an assignee to Singapore, procurement and finance teams who want one supplier and one invoice instead of a local contract, and EORs or their clients who employ people in Singapore without a Singapore entity.
Approval depends on the financial standing of the employer, not on a local entity and never on the assignee, and when the lease runs through an RMC ExpatRide already works with there is no evaluation at all. A non-binding quote takes one to two business days, lease terms start at 12 months and hybrid and electric cars are quoted through EcoRide.
The employer signs one agreement with ExpatRide. No Singapore entity, no co-signing of a local lease, no deposit and no local credit record or guarantor. ExpatRide leases the car and sub-leases it to the employer, the RMC or the EOR; the assignee is never credit evaluated and only provides a passport and driver's license before delivery and again at pickup. The only evaluation is of the employer, and when the lease runs through an RMC ExpatRide already works with there is no evaluation at all. The assignee chooses the car with a Personal Car Shopper, and the employer pays a fixed monthly amount for the length of the assignment. The COE, registration, road tax and insurance sit inside that amount, so nobody has to buy a car in one of the most expensive car markets in the world.
When an employer provides a car the employee may also use privately, IRAS treats part of the cost as a taxable benefit. For a leased car the taxable value is 3/7 of the lease rental plus any running costs the employer pays, such as road tax, fuel, parking, ERP charges, insurance and maintenance. The fraction reflects three private days in a seven-day week, and since Year of Assessment 2020 the employee no longer needs to log private mileage. The same rules apply whether the company owns or leases the car.
This is general information for 2026. The client's Singapore payroll provider confirms the treatment; ExpatRide does not give tax advice.
A cash car allowance is taxed as salary in full and leaves the employee to find a car, a guarantor and a deposit in a market where buying rarely makes sense for a three-year assignment. A lease is a predictable monthly cost for the company, only 3/7 of the rental counts as a taxable benefit for the employee, and the car stays in the company's sustainability reporting. Electric cars registered in 2026 still qualify for the EV Early Adoption Incentive and the Vehicular Emissions Scheme rebate, which the lease partner prices into the monthly amount.
Singapore limits the number of cars on the road through the Certificate of Entitlement (COE). Every new car needs one, it lasts ten years, and in October 2026 the premium alone closed at about S$132,000 in both Category A and Category B. On top of that come the Additional Registration Fee, excise duty and the car itself, which is why a mid-range family car often costs more than S$150,000 to buy. A lease bundles the COE, registration, road tax and insurance into one monthly amount for the length of the assignment, with no capital tied up and nothing to sell when the family leaves.
For a global employer the assignment car never becomes part of a company fleet program. There is no fleet policy to extend to a new country, no fleet management vendor to onboard, no vehicle on the company's books and nothing to dispose of when the assignment ends. ExpatRide holds the lease, the term follows the assignment rather than a fleet cycle, and the car goes back when the family leaves. One supplier covers corporate billed leases in 67 countries, so the same process and the same invoice format work for the next assignment, wherever it is. The Personal Car Shopper finds a car that suits the family rather than a fleet list, the COE, registration, road tax and insurance sit inside the monthly amount, the car is delivered to the family's door, a rental or chauffeur service bridges the gap until it arrives, and every vehicle comes with its own CO2 report for the company's sustainability reporting.
“We want to thank you for all the hard work and effort you put into getting our car! This car will help us in discovering all those beautiful spots that await us during our stay in New York.” Salvador, lease customer, New York
“Service was excellent, Nick made for a very smooth process and was there at every step to answer any questions. I was very impressed and will certainly recommend.” Scott, lease customer, Texas
Reach out to our team with basic relocation details: including the destination country, timing, vehicle preferences, and budget. Our team will guide the process from the very first step.
Once the initial questions have been addressed, we will follow up with which documents we will need to proceed. These may include:
As soon as we receive the required documents, it will take us 1-2 business days to send you a non-binding quote.
The time frame for car delivery will depend on the country. However, the faster we receive the required documents and the more flexible you are with the car make/model, the faster you will receive a vehicle.
Singapore drives on the left. A valid foreign license can be used for the first 12 months of residence, together with an International Driving Permit or an official English translation if the license is not in English. Anyone staying longer than 12 months must convert to a Singapore license, which means passing the Basic Theory Test and showing at least one year of residence in the country that issued the license. Work Permit and S Pass holders who drive for work must convert within six months of the pass being issued. See the driving license rules by country before the lease starts.
Passport, driver's license, the Employment Pass or In-Principle Approval letter once issued, the Singapore address once known, and the company's billing details. For EOR hires, the EOR's name and who is invoiced. Send the monthly budget or the policy tier with the request and the Personal Car Shopper quotes within it.
A growing share of Singapore requests comes from EORs and their clients. The client has no Singapore entity, the EOR does not lease cars, and the employee has no local credit record or guarantor. ExpatRide places the lease with its Singapore partner, approval rests on the client's financial standing, and the invoice goes to the EOR or to the client, as the contract says. Read more in Car Leasing for Employees Hired Through an Employer of Record.
To start, send the lease request. Shorter assignment? See Car Rental. Executive relocation? See VIP Global Mobility.
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