Rikvin provides company setup with relocation package 

by Howell Alvarez Sunday, January 30, 2011
In the Advance Estimates report, Singapore’s economic activity soared high in the fourth quarter of 2010 with an expansion of 12.5% on a year-on-year basis, an improvement from the 10.5% growth in the third quarter.

On the annualized seasonally-adjusted quarter-on-quarter basis, the economy went up by 6.9%, an increase from the curtailment of 18.9% in the previous quarter. The overall economy of Singapore maintained 14.7% and predicated mainly by manufacturing sector.

Investors from across the borders flock to Singapore to do business. The government of the city-state provides several labor passes that correspond to investors’ qualifications.

Rikvin assists businessmen pursue their goals by offering different business packages that would best meet their needs. Among them is the Singapore company setup with relocation package. Rikvin offers two options: processing the labor passes prior to the company registration or registering the company before relocation.

“A company in Singapore espouses a private limited structure, requiring at least one shareholder, company secretary, and a resident director,” says a business consultant of Rikvin.

Accompanying the documents to submit is the Memorandum and Articles of Association bearing information such as the personal details—including passport details—of each shareholder, directors, and company secretary.

An Employment pass is the premier work visa issued by the Ministry of Manpower to foreign professionals earning a Bachelor’s degree. It is also the labor pass furnished to investors and employees maintaining confidential and high positions in a company.

“Besides the Bachelor’s degree and relevant experience, a foreign national must earn a minimum of S$2,500 to secure a Q1 pass, S$3,500 to gain P2, and S$7,000 to procure P1,” chimes Say, emphasizing that Rikvin assists investors in every step of the process especially in collecting the labor pass from the Work Pass Division department.

She adds: “We schedule an appointment with Work Pass Division that is convenient to the investors and using the In-Principle Approval, the investors are granted with entry to the city-state.”

After the labor passes are collected, Rikvin advances to the Singapore company registration procedure.

In the second option on the other hand, Rikvin provides the nominee director to satisfy the statutory requirement, and thereby, proceed with the registration. Thereafter, Rikvin processes the application for a labor pass for all foreign staff with the Ministry of Manpower. The directorship then is relinquished to the appointed resident director as soon as the labor passes are released.
Rikvin is a business process and solutions provider specializing in company incorporation, immigration, accounting, and secretaryship.

About the Publisher:
Rikvin provides corporate solutions to investors and entrepreneurs in the local and abroad. Among its specializations are company registration, 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, 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 : info@rikvin.com
Website: http://www.rikvin.com/

Rikvin provides Singapore Company Registration service including securing your Singapore Employment Pass and Singapore EntrePass Visa for Singapore Business Migration.

General | Categories: financial, business
0    submitted by Howell Alvarez
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