Located in the heart of Asia, Singapore offers easy access to more than 600 million people in the region. The country also boasts a favourable business climate, including low corporate tax rates and friendly government policies. This makes it the ideal location for foreign companies to establish themselves in.
Before beginning any business activities, you must register your business with the Singapore authorities, known as ACRA. Once the registration process is complete, you will receive a soft copy of the Certificate of Incorporation that includes your unique business registration number. In addition, ACRA will send you a free Company Business Profile that acts as your business’s online business card. You may also need to apply for a business license if your industry requires one.
A Pte Ltd (private limited company) is the most common type of business registered in Singapore. Its shareholders can be individuals or companies, and it can have a mixture of both resident and non-resident directors. However, if you are a foreigner looking to set up a Pte Ltd, you will need to get a local sponsor to help you with the registration process.
Rikvin is a firm that specialises in business registration Singapore for both local and international clients. They have been in the market for more than 22 years and have a proven track record of providing satisfaction to customers. They can handle all aspects of your business, from registration to licensing and work passes, payroll, bookkeeping, and more. They are also the preferred choice of many businesses for their affordable and efficient processes. business registration Singapore