Services for Singapore Subsidiary Registration By Rikvin Rikvin, a leading Singapore company registration specialist opened its doors to providing additional service for Singapore Subsidiary Registration. Rikvin recognized the positive impression of the Republic of Singapore as one of the world’s most leading financial center and most business-friendly zone worldwide. This impression has caused 18% increase in visitor’s arrival leading to a number of 996,000 for August 2010. It also persuaded a large amount of businessmen to start and establish a businessin Singapore. “Singapore’s growing economy and increasing positive worldwide impression should be backed up with new business ventures and investments. We take pride in participating in making Singapore a more business-friendly environment by providing company registration services and assistance that will provide comfort to starting and establishing companies”, Rikvin said. Rikvin noted that one of the most viable business formats available in Singapore is a subsidiary company. A subsidiary company is an incorporated private limited company, which the majority of shares are held by a corporation, foreign or local. A Subsidiary Company in Singapore is considered a resident company. A newly incorporated Subsidiary Company, with at least one individual shareholder that has a minimum of 10% shareholding, is entitled to the local tax exemption of zero tax for the first S$100,000 of its chargeable income. Other business formats include a representative office and a branch office. For this reason Rikvin acknowledge the need of service has prepared a trouble-free assistance for Singapore Subsidiary Registration to let businessmen begin appreciating a business-friendly Singapore. “The attractive business benefits such as tax benefits and local tax exemptions which were made available for a Singapore Subsidiary company, most foreign entrepreneurs, investors, and business organizations prefer this business structure over other business structures or formats,” Rikvin added. There are two basic factors presented by Rikvin, which should be considered after choosing to start a Singapore Subsidiary Registration. These are considerations on whether to setup a subsidiary company with relocation to Singapore or to setup a subsidiary company without relocation to Singapore. “If you choose to incorporate a subsidiary company and relocate foreign staff to Singapore, two tasks should be accomplished. These are Singapore subsidiary registration and secure an Employment Pass. However, if you wish to setup a company without having to relocate, a Singapore resident director should be immediately appointed when incorporating a company”, Rikvin emphasized. Rikvin completed the presentation by pointing out the importance of seeking help for business registration from professional business registration firm in Singapore which will carry out and processall the concerns on businessregistration and work permits.
About the Publisher: Rikvin is a Singapore-based consultancy that offers businesssolutions for both local and foreign professionals, investors and entrepreneurs. Rikvinâ€™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