Rikvin Offers Business Compliance Services
A firm devoid of its own legal personality refers to a business in Singapore.
This means that the
business itself rests upon its owners matters such as ownership, existence, and all other legal
concerns....
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Rikvin Offers Business Compliance Services
A firm devoid of its own legal personality refers to a business in Singapore.
This means that the
business itself rests upon its owners matters such as ownership, existence, and all other legal
concerns.
“Businesses in Singapore are sole proprietorship, partnership, and limited liability partnership,”
quips Rikvin’s business consultant.
Although unlike any Singapore company, these three businesses do not have many
requirements to accomplish.
ACRA does not oblige these businesses to perform auditing
requirements unless there is a court order for that.
There are three common requisites that these businesses should comply.
These are the
individual occupying the Manager’s position, maintaining business band accounts, maintaining
business licenses and permit, and personal filing of tax returns with IRAS.
“Foreign-owned sole proprietorships shall appoint someone from the local to be the Manager,
unless, if the foreign sole proprietor has soug
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