Rikvin Provides Form a Singapore Company and Registration Services
A Company that have a complete benefits that help foreign and local entrepreneurs setting their own business in Singapore.
by Price Redmont Tuesday, December 21, 2010
Companies that are developed or developing consider expansion. First, the expansion may be in another city or state but within one nation. Should the business become a success, its investor may attempt to penetrate the international community.
In establishing a company’s presence in the international market, an investor has to be wise and select a state that has a stable economy and strong political governance. Singapore is more than these. Its technology in information, communication, and transportation is excellent supporting trading activities within the region and international.
There are three ways to establish business presence in Singapore—through a representative, subsidiary, and branch offices.
“A representative office is the perfect vehicle for investors to determine the business potential in Singapore before they embark on a larger investment,” says Rikvin, a corporate solution provider established in 1995, “it is headed and run by the chief representative who shall spearhead the non-profit campaign.”
After three years of operation, a representative office may develop into a full-blown office or cease its existence. It is a best tool to promote a company’s brand and to reach out to consumers.
On the other hand, “A subsidiary office is registered as a private limited company with its majority shares owned by a corporation, local or foreign,” Say Hun explains the difference emphasizing that a subsidiary is accorded with a legal status and thus it can engage another company or individual in a lawsuit.
Also, a subsidiary office can be named as the legal and lawful owner of assets as opposed to a business firm with no legal status. Its company head in Singapore is the resident director of local residence.
Meanwhile, a foreign company seeking for an extension office should opt for a branch. Its principal function is to facilitate the operations and revenue activities in Singapore in behalf of its parent company. Because it is not treated as a separate legal entity, it makes the parent company accountable for any losses and liability that a branch office may incur.
Running the business affairs are the agents appointed by the parent company and who must be among the locals.
Say Hun, a business consultant of Rikvin elucidates that foreigners may be appointed as the chief representative in a representative office, the resident director in a branch, and agents in a subsidiary office.
“An Employment pass is what they need to enable them to live and work in Singapore,” says Say Hun, referring to the premier labor pass in Singapore and which application may also be handled by Rikvin.
Located at the heart of business district in Singapore, Rikvin provides corporate solutions such as nominee services and company registration. It also offers accounting and payroll services.
About the Publisher:
Rikvin provides corporate solutions to investors and entrepreneurs in the local and abroad. Among its specializations are Singapore company registration and business firm 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, Rikvin’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 : email@example.com
Rikvin provides Singapore Company Registration service including securing your Singapore Employment Pass and Singapore EntrePass Visa for Singapore Business Migration.
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