The Guide, which complements Rikvin’s Free Singapore Company Name and Web Domain Checking Service, aims to help entrepreneurs through the reflective process of choosing a company name. This thereby facilitates them to register a company name that has longevity and aligns with their branding efforts.
Analysis by Rikvin shows that a desired Singapore company name, even if available at the point of registration, is still subject to the final approval of Singapore’s Accounting and Corporate Regulatory Authority (ACRA). ACRA restricts the registration of a Singapore company name that is 1) undesirable or obscene, 2) identical to the names of existing enterprises or 3) identical to names reserved in its register.
Rikvin’s Guide contains five salient tips on how to sidestep these costly errors and more importantly, choose a company name that positions the business for longevity and top mindshare. The tips include:
1. Choose a name that is easy to remember
2. Choose a name whose domain is available and savory
3. Give a visual connection to your name
4. Turn your name into a verb
5. Think Global
Commenting on the Guide, Mr. Satish Bakhda, Rikvin’s Head of Operations, said, “As the process of deciding on a company name is one of the initial steps to form a Singapore company, it is best to get it right the first time around. We not only encourage entrepreneurs to select names that are aligned with ACRA’s requirements, but also names that are indelible and that position the business for long-term growth.”
The Guide also complements Rikvin’s Free Singapore Company Name and Web Domain Checking Service, which is the first-of-its-kind in Singapore. The bundled service allows entrepreneurs to, in one swoop, quickly verify if their desired Singapore company name and web domain are available. Rikvin’s Singapore company name check service helps entrepreneurs confirm the web domain availability of their desired company name with the dot.com, dot.net, dot.sg and dot.com.sg suffixes.
“Rikvin’s free company name and web domain check service, along with the guide on choosing the right company name, equip an entrepreneur with the tools required to begin his company registration journey on the right foot. We anticipate that this service will encourage more entrepreneurs to start a Singapore company more effectively,” added Mr. Bakhda.