Filed Under (Singapore Tax) by adminri on 19-02-2008
Singapore abolished Estate Tax, which it had inherited during the British era. The move will encourage Singapore to become an attractive place for wealth to be invested and built up, whether by Singaporeans or foreigners. The Estate Duty will be removed with immediate effect from the Singapore tax regime.
In Singapore 2008-2009 budget speech, the finance minister unveiled a series of personal and corporate tax benefits designed to help both the working class as well as corporate business community in Singapore.
With effect from November 1, 2007 Singapore incorporated companies will be required to file their financial statements in XBRL (eXtensible Business Reporting Language), unless they are excluded by the Accounting & Corporate Regulatory Authority (ACRA).
Foreign entrepreneurs who wish to establish their business in Singapore and also reside here have two options to choose from: Entrepass and Employment pass. Each one has its own advantage in terms of ease of approval, processing period and mandatory requirements. Every prospective applicant should choose the best option depending on their personal circumstances and exigency. Read the rest of this entry »
Singapore Incorporation agency Rikvin Consultancy sets new standards of service delivery with an express service that reduces the time taken to incorporate a Singapore company to just an hour. The new service further strengthens Rikvin Consultancy’s position as an “end-to-end” solutions provider in the industry. Read the rest of this entry »
With office rental in central business district rising sky high in Singapore, Rikvin decided to acquire it own building in the heart of the Singapore business district to serve its clients better. Read the rest of this entry »
With Zero Corporate Tax* for New Setup, and with the Government of Singapore encouraging foreign Entrepreneurs to Set up their business Operation in Singapore with open arms, It has never been a better time than now, says Ragini Dhavantray, CEO of Rikvin Group.
Rikvin is a leading Singapore incorporation, business registration and company formation consultant since 1995. Providing online incorporation for Singapore and employment pass visa, along with procedures, requirements and other essential information. Read the rest of this entry »