Rikvin – We Can Help You Incorporate Your Singapore Company Rikvin is a leading Singapore company registration specialist and quality corporate solutions provider. Rikvin welcomes both local and foreign entrepreneurs for consultation regarding Singapore company setup. The presentation started with the major reasons why entrepreneurs would choose to incorporate a Singapore company. Tax has been highlighted in the presentation. Singapore Companies are taxed at a lower rate than personal income. To encourage local entrepreneurship, Singapore Government has declared a full tax exemption for newly incorporated companies. “Full tax exemption is granted on the first $100,000 of Chargeable Income for qualifying new companies for the first three years of assessment consecutively,” Rikvin said. Next, Rikvin focused on the needs of foreign entrepreneurs in company setup. Three choices for business operations were offered to foreign entrepreneurs, including Singapore company setup and relocation to Singapore with Employment Pass, Singapore company setup and relocation to Singapore with EntrePass and Singapore company setup without relocation to Singapore or Nominee Director Service. The business structures outlined for foreigners were also presented including Subsidiary company, Branch Office and Representative office. Lastly, Rikvin outlined additional considerations for foreign entrepreneurs: 1. Singapore Companies Act does not allow foreign individuals or entities to selfregister a company. You can engage Rikvin, Singapore’s leading incorporation specialist, to set up your company. 2. Appoint a Singapore resident to be the director of the company. A Singapore resident can be a Singapore citizen, permanent resident or holder of an EP or EntrePass. In the event that you are unable to appoint a Singapore resident director, Rikvin can provide you with one through our Nominee Director service. The service can be temporary or long term depending on your needs. 3. Provide a Singapore address as the registered address for the company. Alternatively, you can also engage a Registered Addressservice through Rikvin.
About the Publisher: Rikvin is a Singapore-based consultancy that offers businesssolutions for both local and foreign professionals, investors and entrepreneurs. Rikvin’s areasof expertise include assistance to form a Singapore company, Singapore company registration, offshore company setup, Singapore corporate tax and other related corporate services. Rikvin also provides immigration services for foreign professionals wishing to relocate to Singapore. Rikvin PTELTD 20 Cecil Street, #14-01, Equity Plaza, Singapore 049705 Main Lines: (65) 6438 8887 Fax (65) 6438 2436 http://www.rikvin.com