Rikvin Provides Singapore Subsidiary Registration Services

Rikvin Provides Singapore Subsidiary Registration Services Rikvin provides efficient professional business registration services for foreign and local companies. The subsidiary office has majority of its shares of stocks owned by the parent company. In... More

Rikvin Provides Singapore Subsidiary Registration Services Rikvin provides efficient professional business registration services for foreign and local companies. The subsidiary office has majority of its shares of stocks owned by the parent company. In Singapore, a subsidiary office adopts the private limited company, and is thus, considered a resident company. “Being a resident company in Singapore entails tax exemptions for three years beginning from its incorporation,” says Rikvin. “On a subsidiary’s first S$100,000 revenues, the government does not levy corporate taxes. On its next S$200,000 revenues, the corporate tax rate is cut by 50% to have it at 8. 5%,” Rikvin adds. There are also tax incentives for industry-specific companies and all other companies that may not qualify for the Singapore tax exemption scheme of newly incorporated companies. Registering for a subsidiary office is simple. In Singapore, it can be completed in two days provided that all documents and req Less