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Press Releases

Singapore Flyer

Singapore Government increases spending for tech sector

8 Jul 2010 - Published in Press Releases

Research firm IDC has projected that the Singapore government’s spending for information and communication technology (ICT) is set to grow by 3.5 per cent annually to US$1.5 billion (S$2.1 billion) in 2003. The Infocomm Development Authority of Singapore (IDA) added that it has plans to invest S$1.1 billion in about 350 ICT tenders for this [...]

Senior Businessman

Gillard says no to Rudd’s ‘Big Australia’ policy

5 Jul 2010 - Published in Press Releases

Australia’s new Prime Minister Julia Gillard has said she disagrees with predecessor Kevin Rudd’s ‘Big Australia’ policy and intends to slow down immigration. As Gillard moves to put a brake on the population surge, opposition leader Tony Abbott has accused her of a policy back flip. Gillard, who staged a swift and surprising leadership takeover [...]

singapore flyer

Rikvin Announces Singapore Company Incorporation & Visa Application Portal

25 Jun 2010 - Published in Press Releases

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. Rikvin announced the launch of an online Singapore Business Portal on its website at www.rikvin.com for entrepreneurs worldwide interested in setting up their business [...]

restaurant business

Temporary Food Operators Require License in Singapore

11 May 2010 - Published in Press Releases

Since the preposterous Rojak poisoning in April 2009 the Ministry of Environment has taken stringent measures to ensure the nth degree of hygiene by operators of market and food centres. As of 1st June 2009 it has become compulsory for operators of temporary of markets or food centres to be licensed.. They become liable for [...]

success-pathway

Grooming Singapore into Accountancy Hub

Published in Press Releases

Singapore , a vibrant city, is a forerunner in various sectors being a legal hub , financial hub , a tourism hub and an education hub. Now, recently as 29th April 2010 the Committee to Develop the Accountancy Sector( CDAS) aims to make Singapore into a global accounting hub. Namely two sets of goals for [...]

hedge-fund

Singapore MAS Invites Comments on Proposed Enhancements for Fund Management Companies

29 Apr 2010 - Published in Blog, Doing Business in Singapore, Entrepreneurship in Singapore, Singapore Business News, Singapore Government Announcements

The Monetary Authority of Singapore (MAS) is reviewing the regulatory regime for financial intermediaries conducting fund management activities and the exemption regime for financial intermediaries engaged in leveraged foreign exchange trading. The hedge funds industry has seen tremendous growth in Asia in the past few years. China continues to be a big magnet for investors [...]

files and folders

ACRA Launched Colour-coded Compliance Rating

19 Apr 2010 - Published in Blog, Corporate Announcements, Singapore Business News, Singapore Government Announcements

ACRA’s online Business Directory Search will be enhanced to include a colour-coded compliance rating for locally incorporated companies to denote whether a company is in compliance with the Annual General Meeting (AGM) – including the tabling of up-to-date financial statements – and Annual Returns (AR) requirements. Compliant companies will be given a green tick and [...]

hand-writing

Compliance Alert for all Rikvin clients

18 Mar 2010 - Published in Press Releases

This is a reminder for submission of Personal Income Tax Return for the Year of Assessment 2010. All income earned in Singapore from 1 January 2009 to 31 December 2009. Who must file personal tax return? If you are an // holder (Even if you have not taken salary, but have declared to MOM in [...]

contact-points

Singapore Welcomes High Net Worth Investors From All Over the World

4 Mar 2010 - Published in Blog, Corporate Announcements, Doing Business in Singapore, Entrepreneurship in Singapore, Living in Singapore, Relocation To Singapore, Singapore Business News, Singapore Government Announcements, Singapore Immigration News

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. The Finance Minister, Mr.Tharman Shanmugaratnam in [...]

growth-trend

Tax Cuts for Growth

2 Feb 2010 - Published in Press Releases

How can Singapore government encourage the growth of an incipient economy whilst it continues to hone its competitive edge? Four major accountants weighed in their opinions in a recent report in The Business Times (January, 2010). All agree unanimously that ‘Singapore’s competitiveness remains a key concern’ and to draw more foreign talent to Singapore by [...]

benefits

Singapore Budget 2008 Unveil “Benefits for Business”

19 Jan 2010 - Published in Blog, Corporate Announcements, Singapore Business News, Singapore Government Announcements

(A1) Tax Deduction for R&D Expenditure (for all companies) Increase the quantum of tax deduction for expenditure incurred on research and development (R&D) done in Singapore from 100% to 150%. This means that for every SS$100,000 of local R&D expenditure incurred, SS$150,000 may be claimed as a tax deduction. This higher deduction will be available [...]

Partnership

Rikvin Singapore Seeks Strategic Partners

15 Jan 2010 - Published in Press Releases

Dynamic local  agency Rikvin Consultancy, as part of its expansion plans, is actively seeking partners of similar caliber from India, Russia, UK and member countries of European Union. As the Asian region is roaring with massive economic growth rates and burgeoning markets with rising purchasing power parity, Singapore is gaining grounds as a spring board [...]

Phone consultation

Rikvin offers Tax Planning & Consulting Services for Clients

Published in Press Releases

Our tax professionals work to deliver value-added tax planning services, working with our clients to provide approaches and solutions critical to tax and business issues. Our Tax Services division formulates effective strategies to: Ensure tax compliance with relevant laws. Implement innovative tax planning methods. Optimize the use of tax incentives and thus reduce tax liability. [...]

Office discussion

Rikvin introduces Ready-Made Singapore Incorporation Packages

Published in Press Releases

Our online incorporation service was the first of its kind in Singapore, and has proven to be an invaluable tool for professional intermediaries who require a swift Singapore company incorporation process. Singapore Office According to Ragini Dhanvantray, CEO of Rikvin Consultancy, Singapore is fast becoming the business city of choice, having had the recognition of [...]

Singapore skyline

Rikvin Company Setup Offers Striking-off/Liquidation of Companies/Deregistration

Published in Press Releases

Rikvin offers full-range of consultancy and assistance in all aspects of striking-off / Deregistration and liquidation of Companies from initiation to completion services. How do Strike Off a Singapore Company? Striking Off / Deregistration The Companies Act allows the ACRA strike a company off the Register if there is reasonable cause to believe that a [...]

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