The Singapore government has traditionally been highly receptive towards entrepreneurial efforts, especially those of the innovative and technical variety, which it believes will perpetuate its knowledge-based economy.
(PRWEB) September 21, 2011
Economic conditions may currently involve shorter cycles and larger fluctuations, but aspiring entrepreneurs in Singapore must continue to dream big and not allow themselves to be a victim of the environment and times, said Minister of State for Trade and Industry Teo Ser Luck. Rikvin, a Singapore company registration specialist, has issued a call for foreign entrepreneurs to fill this need and seize the opportunities available locally.
The Singapore government has traditionally been highly receptive towards entrepreneurial efforts, especially those of the innovative and technical variety, which it believes will perpetuate its knowledge-based economy. Thus, the idea of the Singapore entrepreneur pass was born.
"So many of us are too afraid to make mistakes, too afraid to go beyond the boundaries and look at opportunities. That is why we may not have as many entrepreneurs as we'd like to have," Mr Teo said. Rikvin Singapore believes that one way of supplementing the numbers of local entrepreneurs is to look outward, beyond the small shores of Singapore.
To facilitate the establishment and growth of such foreign entrepreneurial ventures, the EntrePass (Entrepreneur Pass) was launched in 2003. Applications are reviewed against a set of criteria that gauges effective economic benefits that the proposed venture will bring to the country.
Besides job creation for local workers, another significant aspiration behind EntrePass is to foster innovation within the Singaporean economy.
However, planning to start a Singapore company is not as simple as it sounds, despite the local government’s encouragement. Terms such as the Singapore company registrar, incorporation of local entities and complicated visa applications may be overwhelming to those unfamiliar with legalities in setting up a business in Singapore.
To fill this need, company registration services such as Rikvin Singapore exist in order to expedite such requests, particularly individual entrepreneurs without the resources afforded by large Multi-National Co-operations. Rikvin points to the comprehensive Singapore Entrepreneur Pass Guide on its website, free for potential entrepreneurs to download to get a brief overview of the local labour market.
Rikvin offers business solutions for both local and foreign investors and entrepreneurs. The firm’s specialties include company registration services, offshore company setup, incorporation and other related corporate services. Rikvin also provides professional services on accounting, taxation, immigration and application of Singapore work visa for foreign workers to work and relocate in Singapore. For enquires on the Singapore EntrePass and other work visas, visit our website at http://www.rikvin.com/.
Rikvin PTE LTD
20 Cecil Street, #14-01, Equity Plaza, Singapore 049705
Main Lines: (65) 6438 8887