Rikvin Assists In Business Registration 

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

by Stiles Alvin Monday, March 28, 2011
Registering a business in Singapore is relatively easy. Normally, it would only take a day or two complete the transaction. Residents are easier to register because they can access BizFile through their Singapore Personal Access Card, NRIC, or Permanent Resident Card.

Foreign individuals on the other hand are advised to hire professional services. Rikvin has been committed to provide optimal services to individuals seeking for employment or business opportunities.

“Foreign businessmen can register a sole proprietorship, partnership, or limited liability partnerships based on their preferences,” says Rikvin’s business consultant.

“Both the sole proprietorship and partnership are not bestowed with their own legal personality, unlike the limited liability partnership,” adds Rikvin’s female business consultant.

She continues to say: “The sole proprietorship works similarly in terms of technicalities. The only difference they have is the number of owners. Sole proprietorship only needs one, while a partnership must have at least two partners.”

The limited liability partnership protects partners from negligence of one another. For example, the decision of one partner affects only his shares in the business and not all partners.

Sole proprietors and partners may be individual or another business entity.

“All three business structures are exempted from auditing requirements unless any of them is issued with a court order to present their accounting books,” the business consultant assures.

Foreign owned-businesses ought to appoint a local manager to run the business in Singapore. Should any of them aspire to take such position, they must first seek the approval of the Ministry of Manpower before they can apply for an Employment pass, one of the premier work visas in Singapore.

Despite the easiness of registration, all business structures including corporations should register a business name or company name as the initial phase.

Rikvin provides for free a name availability check for everyone. On its website, it committed a page for an online application so businessmen can fill it up with relevant information such as two proposed business or company name and the e-mail address.

“Once we receive the application, our team works on it and get back to the requester for the results. Thereafter, we offer our specializations such as name reservation, name registration and eventually, business registration,” quips Rivkin.

After registration, a business must know its Singapore Standard Industry Classification Code, and obtain the necessary business licenses and permits.

In all steps before and after registration, businessmen can be assured of competent performance from the team of Rikvin.

For more information, visit:
20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
Main Lines : (65) 6438 8887
Fax : (65) 6438 2436
Email : info@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 Stiles Alvin
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