Rikvin Provides Affordable Form a Singapore Company Services
by Sandra Taylor Friday, March 25, 2011
While investors from across the borders flock to Singapore to experience the entrepreneurial landscape, the quality of life is not affected. Even the environmental resources are sustained. Recently this year, Singapore has been named as Asia’s greenest city by Siemens Green City Index as a collaborative project with Economist Intelligence Unit and Centre for Liveable Cities.
For foreigners to establish a business in Singapore, they ought to hire a professional firm to assist them in everything they need. Rikvin is a reputable firm creating business processes and solutions for all businessmen.
“To get started, foreign investors have two options in starting a business. If they have companies abroad, they can establish a business presence in Singapore by registering a subsidiary, branch, or representative office. If they want to start a business from scratch, they can register a private limited company or non-legal business,” says Rikvin.
It adds: “A subsidiary office is favorable because it follows a private limited structure and is in itself an independent company owing to having its own legal personality. A branch office on the other hand does not have its own legal existence and rests its survival on its parent company offshore, which is responsible for directing the activities and directors of the branch. Meanwhile, a representative office is a non-commercial vehicle employed to test the marketability of a certain product or service in Singapore.”
In forming a subsidiary, it follows the requirements of a private limited. It should have a resident director, shareholder, and company secretary. It is also owned absolutely by its parent company offshore.
“A branch office is required to have at least two agents, besides the directors and shareholders. Its activities are decided by its parent company,” says Rikvin.
A representative office has its limitation of existence for three years. It is headed by a chief representative and manned by some staff.
Moving on, entrepreneurs aspiring to start a business from new roots can choose a private limited company or business firms like sole proprietorship or limited liability partnership.
“A private limited company needs to have a local address and a minimum capital investment at S$1 besides the requirements presented above,” Asiabiz cites.
Solo businessmen can register for sole proprietorship or if there are two business minds venturing into a business, they can form a partnership or limited liability partnership.
Rikvin can help businessmen in registering all types of businesses. It also processes work visas for foreign nationals who want to work in Singapore, and assist in obtaining business licenses and permits.
For more information, visit:
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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