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Rikvin Assists Companies in Compliance Matters

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(Free Press Release) As a specialist, Rikvin provides business solutions such as nominee services and virtual office, and business processes like accounting.

Rikvin Assists Companies in Compliance Matters


      

 

Companies in Singapore, once registered and have begun their operations, are required to fulfil annual and regular obligations. The business licenses and permits, for instance, are among the immediate concerns once the company is registered.

 

“A company cannot operate unless the licenses and permits are complete,” says Rikvin, a Singapore-based specialist in incorporation, immigration, and compliance matters.

 

It adds: “Generally, the business license is industry-specific such as operating a private school, travel agency, money remittance agency, childcare center, import & export trading, and distribution of liquor.”

 

On the other hand, a business permit is more likely an activity-specific like renovation of a place to be converted into a business premise, occupation of the place after renovation, installation of advertising billboards, or exportation of certain goods. Both the licenses and some of the permits are renewable in one, two, or three years.

 

Rikvin explains that some of the licenses and permits can be obtained in a week or month. Most companies hire a professional third party to accomplish these requirements in their behalf. Rikvin’s expertise is backed by more than a decade worth of experience in handling these matters. Its specializations include annual filing obligations such as for taxation and annual returns, assistance in opening of corporate bank account.

 

“With a few exceptions, all companies in Singapore have to file their corporate income tax every 30th of November,” Rikvin explains, “while employees, partners, and sole proprietors have to file their personal income tax every 15th of April.”

 

Rikvin can assist in making the corporate tax computation, preparation of tax forms for corporate submission, preparation of Director’s Report, and preparation of Form C for submission. Meanwhile, for individuals, Rikvin can register for a new taxpayer, prepare and file of income tax return based on their income & determine the possible deductions, request for extension of deadline if necessary, prepare form IR8A and IR21, and plan and advise on how to save on taxes.

 

Moving on, companies have to hold an Annual General Meeting, and submit the annual returns, and audited & unaudited financial accounts with ACRA within a month before the said meeting. Rikvin also assists companies in preparing these documents.

 

Immediately after registration of companies, they must open a Singapore corporate bank account in Singapore. Rikvin can set an appointment between the bank personnel and you at its corporate office so you can open a new corporate savings account while conveniently waiting at Rikvin’s office.

 

As a specialist, Rikvin provides business solutions such as nominee services and virtual office, and business processes like accounting.

 

 

About the Publisher:

 

Rikvin offers business solutions for either local and foreign investors or entrepreneurs. One of its specialties is Singapore company registration. The company has successfully help hundreds of foreign individuals form a Singapore company#mce_temp_url#. Rikvin has effectively facilitated both non-resident and resident financiers build business firms in Singapore. Incoming calls in our phones are answered by live persons and not by an answering machine.  We recognize the importance of your time and we are aware that technology cannot replace a person most especially, when we need to make vital business moves.

 

 

Rikvin PTE LTD

20 Cecil Street, #14-01, Equity Plaza, Singapore 049705

Main Lines: (65) 6438 8887

Fax: (65) 6438 2436

Email: This e-mail address is being protected from spambots. You need JavaScript enabled to view it '; document.write( '' ); document.write( addy_text43871 ); document.write( '<\/a>' ); //--> This e-mail address is being protected from spambots. You need JavaScript enabled to view it

Website: http://www.rikvin.com/

 




Rikvin Assists Companies in Compliance Matters

Source: Press Release

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