Incorporating a Singapore business does not need to be a complicated process. Rikvin Group offers a one-stop solution for your Company’s pre and post registration needs, including processing your business migration visas, whether it be an Employment Pass or an Entrepreneur Pass.
Benefits of Incorporating a Singapore Private Limited Company
Incorporating a Singapore Private Limited Company allows you the following benefits:
Zero corporate tax for the first $100,000 profit for three consecutive years.
Zero taxes on capital gains.
Dividends paid to shareholders are tax exempt.
Personal assets are protected.
No exchange controls or restrictions of repatriations of profits.
A Business Migration Visa (Entrepreneur Pass) is available for foreign entrepreneurs who wish to set up their company and migration.
The Basic Singapore Company Incorporation Requirements
The Singapore Company Incorporation Requirements need not be that complex. All u need, are the following:
Minimum paid-up capital of S$1 only.
Minimum of one (1) shareholder – 100% shareholding is allowed by foreign corporate & individual shareholder.
Minimum of one individual director who is an ordinary resident of Singapore i.e. one of the following: Singapore Citizen, Singapore Permanent Resident or Singapore Employment Pass / EntrePass / Dependant Pass holder.
Local Registered Address (P.O. Box is not allowed).
Singapore Resident Company Secretary.
Approvals, Licenses and Permits Required After Incorporating Your Singapore Company
Apart from registration with the Registry of Companies and Businesses, certain businesses are subject to further regulatory control by other government agencies in Singapore. Special approvals or licenses may have to be obtained before the relevant business activity can commence. Some of the businesses which require special approval or license include finance companies, insurance companies, travel agents, manpower agencies and private schools.
To learn more on Singapore Permits and Licenses, please view http://www.rikvin.com/
About Rikvin, Singapore Company Incorporation & Immigration Specialists.
Rikvin is Singapore Leading Company Setup specializing in provides incorporation, accounting, tax, immigration and compliance services
We provide a complete comprehensive turnkey service that covers all aspects of Singapore Company Incorporation to pre and post ongoing administration of your business entity. In addition, we also provide comprehensive immigration services to help you and your families relocate and settle in Singapore.
For more Information, please visit http://www.rikvin.com.
