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Title: Incorporate a Singapore Company With Rikvin Established in 1998, Rikvin heeded the call to have a service provider to empower entrepreneurs as they achieve their business goals in Singapore. All the services Rikvin specializes in are cost-efficient while maintaining the high quality of corporate services rendered. Its team creates solutions in order to address the immediate concerns, and innovates to become flexible with changes. For instance, Rikvin provides nominee services and post-incorporation assistance to new companies. “Our nominee services are created to satisfy the statutory requirements of having a resident director upon registration of a private limited company and or subsidiary,” quips Rikvin’s male business consultant. He adds: “While Singapore allows foreign management, she has laws stipulating that only registered companies can apply for work visas granting them eligibility to stay and work in the city-state.” Moreover, the Companies Act says that a resident director, which is among the requirements in constituting a private limited and subsidiary companies, should be of local residency at the time of registration. Thus, to proceed with the incorporation, a nominee director is useful. “The nominee director is temporary. There are neither powers nor obligations bestowed upon the nominee director. Compliance is the only purpose of the service’s validity. After the registration, we process the Employment pass and transfer the directorship,” elucidates Rikvin. Meanwhile, the nominee shareholder is beneficial to those who seek anonymity. In Singapore, the personal details of every shareholder and director are indicated on the company’s Memorandum and Articles of Association. “A nominee shareholder holds the stocks in trust. Both parties signed a Memorandum of Agreement,” the business consultant assures. In a branch office, there ought to be two agents appointed by the parent company upon registration. Rikvin also provides a nominee agent for temporarily until the work visas of foreign nationals are released by the Ministry of Manpower so that the position is transferred. Moving on, after the company is registered, a different set of post-incorporation requirements lie ahead. “This includes opening of corporate bank accounts, and obtaining business licenses and permits relative to the nature of the activities sought by the company,” Rikvin continues. Each license and or permit requires different requirements and the process can be tedious most companies prefer to engage the services of a firm such as Rikvin. There are also annual obligations that all companies should comply. “All companies must file their annual returns with ACRA and file their corporate tax with IRAS. There must also be an Annual General Meeting that requires submission of financial accounts to ACRA and IRAS,” says Rikvin, assuring that all of these transactions can be accomplished with assistance from its expertise.

About the Publisher: Rikvin has successfully helped foreign and local entrepreneurs form a Singapore company. The company provides complete corporate solutions to investors and entrepreneurs both local and abroad. Among its specializations are Singapore company registration, income tax Singapore and providing professional services relating to financing and compliance services. Rikvin assures its clients of confidence in dealing with every transaction. Its employees maintaincompetence and above all, Rikvin’s principles adhere to business ethics and all applicable laws. Its goal is to provide a highly personalized and professional service worthy of our clients loyalty.

“Our phones are answered during business hours by specialists and not by an answering machine. We appreciate the value of your time and understand that a person cannot be replaced by technology. This is especially true when it comes to making important business decisions.� For more information, visit: Rikvin PTE LTD 20 Cecil Street, #14-01, Equity Plaza, Singapore 049705 Main Lines : (65) 6438 8887 Fax : (65) 6438 2436 Email : Website:

Incorporate a Singapore Company With Rikvin  

Established in 1998, Rikvin heeded the call to have a service provider to empower entrepreneurs as they achieve their business goals in Sing...

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