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If I don't renew my EA licence after it expires, must I still terminate the licence?
You don't need to terminate your employment agency (EA) licence when it expires.
Note that the banker's guarantee will only be discharged 6 months after the licence expires. During this 6 month period, you will continue to be held responsible for placements made when you were licensed.
This information is sourced from MOM.
Related questions
If I submit a new banker's guarantee (BG) when renewing my EA licence, what will happen to my existing BG?
Will my EA's renewal be processed if I send in the required documents after the licence has expired?
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