Rikvin Provides Singapore EntrePass Service Singapore EntrePassis designed to facilitate the entry and stay of entrepreneurs who are ready to start a new businessand be actively involved in the operation of the company in Singapore. The EntrePass,with an initial validity period of one year, will be issued upon the approval of a sound businessproposal. “EntrePassapplicants will be assessedon the credibility of their proposed Business Plan, which should include the objective or nature of the business; products or services to be offered; marketing strategies; development plans and milestones; projected sales turnover; intended amount of investment and staffing plan,” Rikvin said. “EntrePassapplicants will be assessedon their economic strengths based on contributions they can make in terms of total businessspending and their ability to hire local employee,” Rikvin adds. As of September 28 of 2008, new conditions and requirements are outlined for EntrePasseligibility: • • • • •
Incorporate a company with the Accounting and Corporate Regulatory Authority no more than 6 months at the point of submission of the EntrePass application Own 30%-100%of shareholding in the company Have relevant experience and track record in creating and managing successful businesses Provide S$50,000and above in paid-up capital for the new company Submit a 10-page businessplan detailing businessgoals and objectives. Renewal of EntrePassis contingent on achieving goals and objectives outlined in the businessplan
“One of the key requirements for the application of EntrePassis a 10-page comprehensive businessplan that outlines the goals and objectives of the proposed businessventure. The businessidea must be entrepreneurial in nature,” quips Rikvin. Rikvin processesEntrePassin behalf of foreign nationals. It ensures that all requirements are satisfied and prepared in a way that the chancesfor approval are high. About the Publisher: Rikvin has successfully provided foreign and local entrepreneurs assistance to form a Singapore company . The firm provides a full spectrum of corporate services under one roof for Singapore company registration , accounting, tax, work pass and related compliance services for individuals and companies worldwide. Our office is located at Raffles Place, in the heart of the Singapore business district.
("CBD") If you are in our neighborhood and want to discussany aspect of our service then feel free to come in to our offices during business hours. Appointments are welcome but definitely not necessary.
Rikvin PTELTD 20 Cecil Street, #14-01, Equity Plaza, Singapore 049705 Main Lines: (65) 6438 8887 Fax (65) 6438 2436 http://www.rikvin.com
Published on May 9, 2011
Learn about Singapore Company Registration – provided and presented by Rikvin, Singapore’s leading company registration firm and business so...