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 …
Singapore Launches Patent Fast Track Programme
The procedure for obtaining a patent can often be a long and arduous task. Your application must be researched, published, reviewed, and then examined — these steps that can take …
China’s Security Law pushes Hong Kong firms to Singapore
On May 28, 2020, the National People’s Congress authorised the drafting and enacting of a national security law for Hong Kong. The law came into effect on 30 June, the …
India ratifies OECD’s MLI – its impact on Singapore-India DTA
In November 2016, OECD members finalized the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (“Multilateral Instrument” or “MLI”). MLI targets the implementation …
Singapore implements a central register of company controllers
Several new compliance initiatives were announced by the Chartered Secretaries Institute of Singapore and the Accounting and Corporate Regulatory Authority (ACRA) at two joint sessions in February. These include implementing …
India Drops Dividend Distribution Tax; Singapore FDI now Favored
In its latest budget, the Indian government has launched several tax reforms aimed at reviving the country’s economy and improving the investment climate. These include slashing the corporate tax rate …
Residents of Turmoil-ridden Hong Kong seek relief in Singapore
Over the past year, Hong Kong has been roiled by on-going violent protests. The turmoil and its underlying political and economic problems are affecting the business climate of the city. …
A step-by-step procedure for setting up a new Singapore company
This post is a further guide to our main article on setting up a Singapore company and provides a handy checklist of tasks and procedures for registering a Singapore company. Stage …
Singapore’s new “Fake News” law and its likely impact on your business
Since the 2016 US Election, “fake news” has dominated discussions in political, technology, and media circles across the globe. It is a contentious issue that requires a nuanced balance between …
Hong Kong’s turmoil, a boon for Singapore as companies consider alternatives
Our original post was published on July 3, 2019 but the situation in Hong Kong continues to deteriorate. Therefore we have updated the post to reflect the latest events in …