Type of Output: Press Release Website: http://www.rikvin.com/ Title: Rikvin Registers Private Limited Company And Assists In Corporate Annual Return Filing Singapore’s reputation as an entrepreneurial and talent city is strengthened by the latest surveys on the city-state’s sustainability in economic growth and safe environment. The Public Transport Security Committee, for instance, completed its review of the Public Transport Network and enhances security standards. It believes that the overall public transport systems are adequate and robust. Meanwhile, the city-state has been named as Asia’s greenest city by Siemens and the Economist Intelligence Unit during the Asian Green City Index. The growth in economy is interdependent with environment. No economic growth is sustainable if the environment is neglected; likewise, the environment will not have sustainability without economic growth. Moving on, the Department of Statistics Singapore revealed recently its report indicating an increase in household income in 2010 with strong economic growth. The median household income from employment in 2010 recovered to a higher level before its economic downturn in 2009. The figure says that among the resident households, there was a 3.1% increase in median monthly income from work in 2009 to enjoy remunerations of $5,000 in 2010 from $4,850 in the previous year. Doing business is easiest in Singapore too. Such is betokened in the 2011 Ease of Doing Business Report initiated by the International Finance Corporation of World Bank, wherein, Singapore bested 118 other economies. Among the business structures available today, the private limited company is highly favored because of its protection clause. “Shareholders and directors are shielded from personal financial obligation in case there is accountability incurred,” says a business consultant of Rikvin, “the separate juridical existence bestowed upon the private limited company comes with its own accountability.” Rikvin is a Singapore-based professional Singapore company registration firm offering various corporate and immigration services. Forming a private limited company are three separate individuals: shareholder, resident director, and company secretary. Before the necessary documents are submitted to ACRA, the company must first decide on its business name. Foreign individuals cannot personally handle the incorporation of a private limited company because they need a Singapore Personal Access card as a requisite. Professional firms such as Rikvin are established to satisfy the needs of these foreign businessmen. Rikvin continues: “We process the registration of a company beginning from checking for availability and conformity and registering of the company name. Thereafter, we proceed with incorporation.” After incorporation, the company is bound by continual requirements. As a business solutions provider, Rikvin offers assistance in filing for corporate annual return with ACRA. Each year, every company is required to submit its annual return with ACRA to report its financial status. About the Publisher:
Rikvin provides corporate solutions to investors and entrepreneurs in the local and abroad. Among its specializations arecompany registration, Singapore company setup and providing professional services relating to finances and administrative. Rikvin specializes in processing working visas and providing services such as nominee director, nominee shareholder, nominee agents, accounting, payroll, and secretarial. Since 1995, Rikvin serves hundreds of companies managing and rendering Singapore accounting service using sophisticated payroll software system to handle even the most complicated payroll account. In its payroll services, Rikvin assures its clients of confidence in dealing with every transaction. Its accountants maintain competence. Above all, Rikvinâ€™s principles adhere to the laws and share the same vision such as the inevitability of innovation. Rikvin has successfully helped foreign and local entrepreneurs form a Singapore company. 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 Feb 19, 2011
Singapore’s reputation as an entrepreneurial and talent city is strengthened by the latest surveys on the city-state’s sustainability in eco...