Rikvin Business Blog

Blogs about incorporating in Singapore, including startup tips, accounting and taxation basics, and understanding work visa issues

Rikvin Live Tweets the Singapore Budget 2015 Speech

sgbudget2015

On 23 February, 2015, Mr Tharman Shanmugaratnam, Singapore’s Deputy Prime Minister and Minister for Finance, delivered his Budget Statement for the Financial Year 2015 to Parliament. These are @rikvinsg’s live tweets during the speech. Follow @rikvinsg in twitter for real time updates.

Rikvin is Moving

prudential-tower

New Year, New Location 2015 is looking up to be a great year indeed! The New Year has just begun and we’ve got some exciting news! We’re finally ready for the big move! We are pleased to announce that we are relocating to a new office on February 18, 2015 (just before CNY 2015). But […]

Impact of Singapore Signing the FATCA Model 1 Intergovernmental Agreement with US

fatca

Stressing its desire to help the US in targeting non-compliance of tax laws by US persons using foreign accounts, Singapore has recently signed the Foreign Account Tax Compliance Act (FATCA) Model 1 Intergovernmental Agreement. This will help in easing the FATCA compliance burden for Singapore-based financial institutions (FIs), noted Singapore’s tax regulator Inland Revenue Authority […]

More Savings for UAE Tax Residents Funding Singapore Companies

Singapore-UAE DTA

The recent amendments to the Singapore-UAE Avoidance of Double Taxation Agreement will translate to more savings for tax residents of UAE countries who are funding Singapore companies. The city-state of Singapore and the Middle-eastern state of United Arab Emirates (UAE) have signed a Protocol to amend and improve the Singapore-UAE Avoidance of Double Taxation Agreement […]

Rikvin Publishes New Singapore Permanent Residency Guide

Singapore pr guide

Singapore stands tall amongst developed nations, as indicated by its ranking in several comparative indices. From standards of living, to per capita income, to quality of life, tax regime, and pro-business regulations, Singapore is an ideal place to settle down indeed. This, among other reasons, is why Singapore is widely hailed as Asia’s playground – […]

Corporate Tax – Am I Paying Too Much?

corporate taxes in Singapore featured

Singapore has established itself as one of the leading countries in the world for doing business, as the country is currently ranked 5th globally for ease of paying corporate tax . But despite the country’s numerous pro-business policies and a low corporate tax rate, is it possible for companies to be paying too much in […]

In the Spotlight: Business Immigration to Singapore

business immigration to Singapore

It was the year of economic turmoil for four Asian Tigers. It was also the year when a Singapore dream was envisaged. A dream to assist and facilitate foreigners coming to the shores of Singapore to expand their businesses and make the city-state their home. And one year later, in 1998, Rikvin Pte Ltd was […]

Importance of a Knowledgeable Company Secretary in Singapore

importance of a company secretary in Singapore

With changing and increasingly complex regulations, local businesses must view company secretaries as an investment, not a burden. Annually, the Accounting and Corporate Regulatory Authority (“ACRA”) issues approximately 10,000 summonses to companies and their directors who are in default of the statutory requirements under the Companies Act. Amongst the various reasons for non-compliance, the most […]

Relocating to Singapore? Rikvin is here to help you!

singapore relocation guide

As Singapore embarks on a new era of growth and prosperity, concerns are mounting for the declining fertility rate of the country. But the good news is, as in the past, the city-state continues its open-door policies towards foreign professionals and mid-level workers. With company incorporation growth rate touching 8%t in the last three years, […]