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all for one

Singapore Still a Good Option for Company Setup

2 Feb 2012 - Published in Press Releases

Singapore company incorporation specialists Rikvin affirms that Singapore is still a good location to set up a company, in spite of recent slowing incorporation and global growth trends.

Singapore skyline

Singapore – a city of choice for business, work and relocation

22 Oct 2010 - Published in Blog

Private Limited Company is the most popular business entity in Singapore. Unlike business entities such as a Sole Proprietorship and Partnership, it has a separate legal status from its shareholders and directors who have limited liabilities for the debts and losses of the company. It has the rights to own properties. It usually has the words ‘Pte Ltd’ or ‘Ltd’ as part of its name. In many European countries or the US, it is commonly known as a corporation.

singapore flag

Singapore Tops “Most Popular” Immigration Destination Survey

24 Aug 2010 - Published in Blog, Press Releases

Singapore has remained the top destination in the world in terms of attracting immigrants and workers, beating other neighbouring and western economic powerhouse, a recent Gallup survey told. The survey, which aims to calculate the member countries’ Potential Net Migration Index (PNMI), was conducted among 350, 000 people in some 148 countries from 2007 to [...]

singapore old and new

Singapore residential units report higher rent

13 Jul 2010 - Published in Press Releases

The rental rates for residential units are scaling the peaks in property prices, with rents for condominiums boosting a price hike of 5.8 per cent over the first half of 2010. The Urban Redevelopment Authority (URA) has release data showing the surge in median rentals of non-landed residential properties to $32.41 per square metre (PSM) [...]

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 [...]

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 [...]

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Singapore Welcomes High Net Worth Investors From All Over the World

4 Mar 2010 - Published in Blog

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 [...]

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Financial Statements & Directors Report

Published in Blog

The Directors are responsible for preparing financial statements for each financial year in accordance with the Financial Reporting Standards (FRSs) and general accounting practice. The statements must give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period. This requires [...]

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

(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 [...]