Press release
Rikvin Discussed How To Incorporate a Singapore Company
Rikvin, a leading Singapore based business registration firm has been providing a complete range of corporate services under one roof, which includes Singapore company formation, foreign company registration, statutory administration, accounting, tax filing, immigration and related corporate services to individuals and corporation worldwide.Since statistics shows that there has been a continued increase in Singapore company incorporation and that this number will double by the start of 2011, Rikvin presented basic information on how to incorporate a Singapore company.
Rikvin started by explaining the importance of a business plan. According to Rikvin, “Every business needs a documented plan to help focus its direction, outline operations, and secure investors. Get prepared before you start your business to maximize your chances for success.”
Note that business plans should include a business background highlighting your skills and industry experience, a marketing plan describing your products, services, and marketing strategy and an action plan with specific goals. It should also include financial information, including sources of capital, monthly budget, anticipated expenditures, and projected profits.
Rikvin also emphasized the importance of choosing the right type of business structure prior to incorporation.
“Before you start a business in Singapore, Choosing the right business structure is important. There are several factors to be considered when choosing the right business entity to meet your needs. Selecting the right type of company for your new business helps maximize your chances success,” Rikvin said.
In conclusion, Rikvin also pointed out the need to know and understand the Singapore Companies Act and government regulation in starting and running a business in Singapore. Local and foreign businessmen should have a good understanding on Central Provident Fund, Corporate Tax, Business licenses and permits, Singapore labor laws, Companies Act and General Sales Tax (GST).
About the Publisher:
Rikvin has been assisting clients from all over the globe in their Singapore immigration and company incorporation matters. Rikvin operates to offer assistance both to local and foreign business professionals to incorporate a Singapore company. The firm provides a complete corporate solution under one roof for which includes incorporation, opening of corporate accounts, business registration, tax, immigration related to work passes visa and compliance services in Singapore. The firm has also helped encourage foreigners to register a Singapore company.
Our office is located at Raffles Place, in the heart of the Singapore business district. ("CBD") If you are in our neighborhood and want to discuss any aspect of our service then feel free to come in to our offices during business hours. Appointments are welcome but definitely not necessary.
Rikvin PTE LTD
20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
Main Lines: (65) 6438 8887
Fax (65) 6438 2436
http://www.rikvin.com
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