Rikvin Proffers Singapore Company Formation Services
June 11, 2011 - There are three indicators of economic growth in Singapore. First, the economy in 2010 concluded strongly at 12%. In the first quarter of 2011, it was 8.3%. Second, the external environment remain to be conducive to growth, particularly in Singapore as the US markets recovered and the business investments shall be improved by sales and healthy corporate balance sheets. Third, there are industry-specific factors such as the manufacturing sectors that will strengthen the economic growth in Singapore. With all these positive cursors, the Ministry of Trade and Industry raised its economy outlook from 4 to 7%. In Asia Pacific, Singapore remains to be the favorite destination for business investments. Its entrepreneurial landscape will even be more attractive as lower taxation rates are implemented in the Year of Assessment 2011. Rikvin has been instrumental in keeping the number of companies in Singapore high. Since 1998, it has helped thousands of clients—whether individual or corporate entities—in all their needs as foreign companies and investors are not eligible to engage in any legal transactions like company registration. They should engagethe professional services of a third party based in Singapore. The Singapore company formation services of Rikvin include name check, registration of a subsidiary company, branch office, representative office, and even post-incorporation compliance of requirements. “Our name check service allows for foreign companies and investors to propose two company names for checking,” says Rikvin, “The purpose of the name check is to ensure availability and conformity to provisions of laws such as trademarks and copyrights.” Rikvin’s name check service is free. After checking, Rikvin notifies the clients of the results. It will also provide the next steps in company registration. For Singapore subsidiary company, the requirements are similar to a private limited company. It must have a resident director of ordinary residence, a shareholder, which is the parent corporation, and a corporate secretary. In registering a branch office, its parent corporation must appoint at least two individuals of ordinary residence as the agents to help in the administration of the branch. A representative office is manned by a Chief Representative and unlike the previous two companies; the representative office is not entitled to any commercial or profit-generating activities. However, Rikvin can help the office obtain a Custom Registration Number to allow the representative office to import and export products for brand promotion. Directors and other individuals of foreign nationality appointed by corporations to certain positions in a subsidiary, branch and representative offices ought to have a work visa to gain ordinary residence. However, it is also a law in Singapore that only registered companies can apply for Singapore work visas. “We offer nominee services for a director and agent to help companies satisfy the requirement of ordinary residence of key individuals during registration of a particular company,” quips Rikvin, saying in addition that “After registration, we process the Employment pass and renounce the directorship and agentship.”
Rikvin specializes in incorporation, immigration, finances, and IT. It is a practicing member of SAICSA and ICSA,which makes it eligible to act as the corporate secretary of companies.
About the Publisher: Rikvin offers business solutions for either local and foreign investors or entrepreneurs. One of its specialties is Singapore company registration. The company has successfully help hundreds of foreign individuals form a Singapore company. Rikvin has effectively facilitated both non-resident and resident financiers build business firms in Singapore. Incoming calls in our phones are answered by live persons and not by an answering machine. We recognize the importance of your time and we are aware that technology cannot replace a person most especially, when we need to make vital businessmoves.
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 Jun 11, 2011
Rikvin specializes in incorporation, immigration, finances, and IT. It is a practicing member of SAICSA and ICSA, which makes it eligible to...