International tax competition has accelerated with the rise of globalization and is widely regarded as a cause for the downward spiral in the inflows of many governments. World leaders led …
Singapore startup and business update: August 2021
Singapore was one of the few countries worldwide that managed to successfully control the spread of COVID-19 by imposing strict lockdown and social distancing rules. As a result, Singapore is …
Singapore startup and business update: July 2021
The pandemic has inspired numerous persons to become their own bosses and embrace entrepreneurship. The proof of that is the number of new businesses incorporated in Singapore. In just the …
Singapore startup and business update: June 2021
As of June 2021, Singapore’s economy has nearly recovered the output lost during the first six months of 2020, and economic growth in 2021 is predicted to be more than …
As China tightens, businesses begin to flee Hong Kong
Although Hong Kong continues — officially — to be a special administrative region of China, with a high degree of autonomy and freedom from interference from the mainland government, the …
Singapore startup and business update: April 2021
Even though the world is only beginning to emerge from the COVID-19 crisis, Singapore’s business and startup ecosystem is buzzing as never before. The global crisis and numerous lockdowns have …
2021 Union Budget of India: are entrepreneurs happy?
On February 1, 2021, India’s government presented the country’s 2021-2022 Union Budget. It was developed to boost India’s economic recovery by introducing incentives across all business sectors, in part to …
Singapore startup and business update: February 2021
Singapore is a well-known startup and financial hub that actively encourages entrepreneurship. Its startup-friendly policies include numerous business incentives and a range of incubation schemes. The National Research Foundation’s Early …
Singapore startup activity and business update: January 2021
In this post, we review some recent regulatory updates, the launch of new government services, and annual results of certain state incentives aimed at supporting SMEs. We also describe a …
MOM toughens family visa rules for intra-corporate transferees
Under recent changes introduced by Singapore’s Ministry of Manpower (MOM), foreign employees of multinational corporations who are posted to the company’s Singapore branch as an intra-corporate transferee and hold an …