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Rikvin Facilitates Singapore Subsidiary Registration A Singapore subsidiary company is the most popular foreign business structure and  foreign company incorporation in Singapore. It has better benefits and opportunities  as   compared   to   other   business   structures   such   as   Singapore   branch   office   or  Singapore representative office. Rikvin recognized this popularity and responded to  the need for registration assistance by providing a world­class service for Singapore  subsidiary registration.  “A Singapore subsidiary company holds numbers or benefits and possibilities. It is in  effect   a   Singapore   incorporated   private   limited   liability   company.   It   has   a   legal  personality that is distinct from its foreign parent company,” Rikvin said. If a foreign company plans to setup and establish business operations in Singapore  using the format of a Singapore subsidiary company, low corporate tax rates and tax  benefits are one of the assurances given. However, before enjoying such benefits,  the foreign company should hire the services of a professional registration firm and  complete necessary documents for registration. “We at Rikvin welcome any foreign businessmen for any kind of business registration  especially, subsidiary registration. We strive to make things comfortable and friendly  to foreigners and we  assure smooth and successful business  registration”,  Rikvin  said. Rikvin   also   outlined   some   of   the   basic   requirements   for   Singapore   subsidiary  registration, among which are one local resident director, unlimited maximum number  of directors, a minimum of one and a maximum of 50 shareholders, a local resident  and  qualified   company  secretary,  a local   registered  office  and S$1.00  as paid­up  capital.  In addition to the basic requirements identified by Rikvin, important documents need  for subsidiary registration were also specified such as a certified true copy of foreign  parent company's Incorporation Certificate, registered address details and directors'  details   of   the   foreign   parent   company,   directors'   particulars   such   as   nationality,  identity   card   details,   residential   address   details,   etc.   of   the   Singapore   subsidiary,  details of the registered office of the Singapore subsidiary, Memorandum and Articles  of Association (MAA), a power of attorney giving signatory powers (on behalf of the  foreign parent company) to a specific individual, and directors undertaking to act as  the proposed directors of the Singapore subsidiary. Rikvin is an ACRA registered service bureau which provides a complete corporate  solution   under   one   roof   for   Singapore   company   registration   of   private   limited  companies,   formation   of   offshore   companies   with   opening   of   corporate   accounts,  business registration including accounting, tax, immigration related to work passes  visa and compliance services in Singapore.

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 for Singapore company registration, offshore company setup,


Marshall island incorporation, Singapore work visa, 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

Rikvin Facilitates Singapore Subsidiary Registration  

Learn about Singapore Company Registration – provided and presented by Rikvin, Singapore’s leading company registration firm and business so...

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