Upon your submission of the proposed name, Rikvin will process the name reservation with the Accounting And Corporate Regulatory Authority (ACRA),
FAQs: Singapore Company Incorporation
Does the paid-up Capital stay locked in the bank account of the Company?
No, the paid-up capital can be taken out immediately, but the money can be spent only for the business needs of the company.
How to increase the paid-up capital after incorporation? How do I do so?
Yes you can. It is a fairly simple process and involves the following steps: Inject additional capital into the company bank and send us a copy
Can we use non-cash consideration to increase the paid-up capital of our company?
Yes, non cash consideration such as fixed assets can be used as consideration, for as long as sufficient evidence of the valuation of the assets is
Can one person or a company own all the company shares? How many shareholders must a company have?
Yes, the Singapore Companies Act allows for a minimum of one individual or corporate shareholder. A Singapore Company may be registered with only one
Can I set up a branch office in Singapore myself?
The Singapore Companies Act does not permit foreign companies to self-register a Branch Office. Rikvin is a leading specialist in the registration of
Do I need to be in Singapore to have the foreign branch registered?
To form a Foreign Branch, you are not required to visit Singapore to register the entity. We can handle the entire registration process via emails and
Can I hold shares in other companies while I am on Employment Pass (EP)?
Yes, you can hold shares in other companies or be a shareholder of another company while you are holding an Employment Pass (EP).
Do I need to visit Singapore to form a Singapore company?
To form a Singapore company, you are not required to visit Singapore to incorporate a company. We can handle the entire incorporation process via
Do Singapore-registered companies usually use an incorporation agent?
If you are unfamiliar with Singapore incorporation requirements, it is advisable to use an incorporation agent. An incorporation agent such as Rikvin
Can I open a corporate bank account for my Branch Office in Singapore?
Yes, you may open a corporate bank account with any of the local or international banks based in Singapore, and in some cases, overseas. If you are
Can I open a multi-currency corporate bank account?
Yes, most banks in Singapore will allow you to open multi-currency accounts or different accounts for different currencies.