Rikvin Introduces How to Form a Singapore Company

							Rikvin, Singapore’s leading company registration firm presents with confidence how valuable and ideal it is to form
a Singapore company. The comfort of doing business in Singapore, flattering tax benefits and exemptions, and
premium type of living are the major reasons which supports Rikvin’s confidence towards setting up and
establishing a business in Singapore.

“Singapore ranked first in Most Open Economy for International Trade and Investment given by World Economic
Forum’s Global Enabling Trade Report, 2009 and first in Asia's Best Location to Live, Work and Play given by
Mercer's 2009 Quality of Living survey. With this, any businessmen can be confident to setup and establish a
business in Singapore”, Rikvin said.

Rikvin emphasized that incorporation of any business structure can be completed in one day with fewer
formalities. Business entrepreneurs need not worry on red tape or corruption in business registrations and legal
business processes. Singapore’s immigration policy is generous and open when it comes to assisting transfer or
relocation of foreign company owners and professional staff.

Favorable tax laws of Singapore indicates that Singapore's effective corporate tax rate on profits up to S$300,000 is
<9% and Singapore's corporate tax rate on profits above S$300,000 is 17%. A special tax exemption for startups
has also been made available. A qualifying Singapore start up can avail of a 0% tax rate on its first S$100,000 of
profits for each of its first three consecutive tax filing years. A company will only be qualified for these tax benefits
if the company is incorporated in Singapore, if it is a tax resident in Singapore, and if it has a maximum of 20
shareholders, with at least one individual shareholder holding 10% of the shares.

The government of Singapore has outlined policies and regulations with full consideration on the interests of its
business community. For this reason, any business enthusiast who plans to form a Singapore company is assured
to have various benefits.

First, they are assured to have an easy entry into the Singapore market without unnecessary restrictions. Second,
they will enjoy ease in company setup because the government has simplified the company formation procedure
resulting to only one day incorporation of a Singapore company. Third, they are given access to a competent and
impartial legal system. Lastly, the high technology business infrastructure provides access to a more efficient
business.

Rikvin is an ACRA registered service bureau which provides a complete corporate solution under one roof for
Singapore company registration of private limited companies, formation of offshore companies with opening of
corporate accounts, business registration including accounting, tax, immigration related to work passes visa and
compliance services in Singapore.



For more information visit:

Rikvin PTE LTD
Address: 20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
Phone: +6564388887
Email: info@rikvin.com
Website: http://www.rikvin.com