Type of Output: Press Release Website: http://www.rikvin.com/ Title: Rikvin Provides Details On How To Incorporate a Singapore Company An indication that a country is flourishing is the presence of constructions. Where there is construction, there is growth. It means there are more investments coming in and the government is able to meet the growing needs of investors, hence the construction—a manifestation of expansion. Such is the scenario in Singapore, a city-state where business is the easiest as evident in the 2011 Ease of Doing Business by World Bank’s International Finance Corporation. In the latest report released by Economic Development Board, Singapore’s leading government agency responsible for planning and executing strategies to improve the city-state’s position as a global business center, Singapore’s manufacturing output soared to 10.5% in January 2011. Without counting in the biomedical manufacturing segment, the output reached 18.9% Singapore adopted globalization; it welcomes foreigners to invest in its land by implementing 100% foreign ownership and management policy. One business structure favorable among investors, foreign and local, is the private limited company, where shareholders and investors are protected from personal liability in case of accountability. To incorporate a company in Singapore by foreign investors, they ought to hire a professional firm first because they don’t have the eligibility yet to conduct transactions in the city-state owing to their foreign nationality. Says Rikvin: “A name is always required of uniqueness, decency, and without infringements on trademarks and morals.” ACRA evaluates the business names proposed. When available and conforming to laws, it shall issue via an e-mail a Certificate of Company Name, which can be downloaded and printed. Rikvin continues: “During the incorporation procedure, the investors are required to submit besides the Certificate of Company Name other relevant documents such as the Memorandum and Articles of Association, company registration details in case one of the shareholders is another business entity, and Singaporean government-issued IDs or passport copy of foreign nationals.” A Company Profile is also issued by ACRA via e-mail upon completion of the incorporation. Rikvin’s expertise extends beyond the incorporation phase. It assists businesses in complying with postincorporation requirements such as opening of corporate bank accounts, obtaining necessary business licenses and permits commensurate to its business operations. Among its business processes are chartered secretaryship and accounting, particularly, bookkeeping and payroll management. 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, Singapore company setup and providing professional services relating to financing and compliance services.
Rikvin assures its clients of confidence in dealing with every transaction. Its employees maintain competence 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 : firstname.lastname@example.org Website: http://www.rikvin.com/
Published on Mar 25, 2011
An indication that a country is flourishing is the presence of constructions. Where there is construction, there is growth. It means there a...