Singapore Company Incorporation, EntrePass + Business Plan for Foreign Entrepreneurs

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Singapore Company Incorporation & EntrePass Visa


1. EntrePass + Business Plan - S$2500.00*

  All foreign entrepreneurs who would wish to do business and reside in Singapore must apply for an EntrePass.
EntrePass Business Plan Assistance
  Writing of Business Plan to comply with the Ministry of Manpower's requirements for EntrePass Visa
EntrePass Application Filing
  Professional services rendered in respect of the application of EntrePass pass include holding initial meetings with you regarding the application, preparation of documents and attending to the Ministry Of Manpower (MOM) and dealing with queries, etc.
Rikvin will act as a local sponsor for the applicant

2 . Pre- & Post-Incorporation - S$888.00*

Name check and reservation
Preparation of memorandum & articles of the company and other incorporation documents
Preparation of registration forms
Professional & Filing Fees
E-Certificate of incorporation
Preparation of compliance corporate kit, including corporate seal, share certificates, register and minutes book
Minutes of first board meeting
Resolution to open a bank account

3 . Corporate Secretarial Service - S$800.00* / Per Annum

Singapore Companies Act requires all Singapore Companies to appoint a Company Secretary to handle on-going statutory compliance matters. Rikvin can act as the named Company Secretary for your Company to comply with ACRA requirements.

ACRA Compliance Alert & Reminders
Named Company Secretary registered with ACRA for 12 months
Maintaining the statutory books, preparation of all relevant minutes for Directors' and Shareholders' meetings.

Total Package Price 1 + 2 + 3 = S$4188.00

*The package price is only valid if you take our annual corporate secretarial service

Price includes

  • Incorporation on the Same Day, upon Company name reservation approval from ACRA.
  • All evaluation & follow-ups are performed by Senior Corporate Consultants
  • All services are performed under one roof

The Package Fees cover the drafting and submitting of the business Plan to “MOM”, act as your local sponsor, Pre- & Post-Incorporation process including One Year Corporate Secretarial service to take care of on going statutory requirements.

Rikvin will submit Biz Plan And application forms to MOM(**No Bankers Guarantee needed as Rikvin will act as local sponsor)

 

Proceed with Incorporation of new

Company and Migration to Singapore

 

No

 

"MOM" - Ministry of Manpower

 

Client

 

Rikvin

 

Action By :-

 

Client to provide

Rikvin with

Biz-Plan Information

and make Payment

 

Rikvin will draft Biz Plan and submit to client for his review

 

No

 

Appeal

to MOM

 

Yes

 

Yes

 

EntrePass Process

 
Sigapore EntrePass Process

Set-up Procedure

  • Fill up our order form providing information on the choice of company name, nature of business, and details of the Shareholders / Directors
  • Submit the form back to Rikvin for check of name availability and preparation of pre-incorporation documents for signing
  • Upon payment, company is incorporated immediately

Set-up Requirements for Formation of Private Limited Company

  • Minimum 1 Shareholder + 1 Director + 1 Company Secretary
  • Shareholders may be corporations or individuals
  • At least one Director must be a resident of Singapore. i.e. Singapore Citizen/ Singapore Permanent Resident (PR)/ Singapore Employment Pass Holder (We can act as your company's local nominee Director, if required, for a fee)
  • The Shareholder can also act as Director
  • The Company Secretary has to be Singapore resident
  • Sole shareholder and director cannot act as Company Secretary
  • Minimum initial paid-up share capital is S$ 1.00
  • A Singapore Private Limited Company must have a Registered Address in Singapore