Rikvin helps entrepreneurs in outlining the business plan. It has a team of professionals who are educated from prestigious universities in Asia Pacific.

1. Rikvin Talks about Singapore Entrepreneur Pass Eligibility and Benefits
June 10, 2011 - With an open country, foreign investors flew to Singapore to take benefit of its
entrepreneurial landscape. Singapore has a very appealing taxation rates for business and personal
grade. In the Year of Assessment 2011, the business tax rates are even smaller than the present.
Foreign investors can move to Singapore to run their business. To gain eligibility, they need to own a
work visa. The Entrepreneur pass is different any other. It is designed based on the feasibility and
growth approximates of the businessman’s business. It does not take into account the educational
qualification of the foreign applicant. Rather, it searches into the outstanding entrepreneurial skills of
the professional based on his know-how.
“Foreign investors who request to become a resident director in a private limited company or a
subsidiary company may apply for an Entrepreneur pass,” says Rikvin, “Unlike the other work visas, the
Entrepreneur Pass is first required before a business is registered.”
Rikvin specializes in incorporation and immigration, amidst other ones. The work visas in Singapore are
only directed by the registered companies that offer employment to foreign nationals, except for the
Entrepreneur pass, which is exclusive for businessmen.
“The obligations of an Entrepreneur pass are 10 pages of enterprise design, investment capital starting
at S$50,000, and the Total enterprise Spending category,” cites Rikvin.
The enterprise design should be feasible and entrepreneurial in environment. It should focus the
business goals, identify the product or service, and identify the marketing schemes. Meanwhile, the
Total Business Spending is a necessity on the first year of doing enterprise. It pertains to the capability of
the businessman to hire local residents for one whole calendar year. It is also the basis of ascertaining
the kind of Entrepreneur pass issued.
“The Q1 kind of Entrepreneur pass needs a TBS of S$100,00 or 2 local residents as workers, and P2 type
needs a TBS worth S$150,000 or 4 local employees, and P1 is for a TBS starting at S$300,000 or 8 local
employees,” Rikvin clarifies.
Once it is handed out, the holder can relish its validity of up to 2 years and renewable as long as the
enterprise is earning & yields economic developments. The immediate family such as the lawful spouse
and unmarried children below age 21 can submit an application for a Dependant pass.
Rikvin helps entrepreneurs in outlining the business plan. It has a team of professionals who are
educated from prestigious universities in Asia Pacific.
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. 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

2. 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: info@rikvin.com
Website: http://www.rikvin.com/