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Who will build Singapore’s 5G network – China or the U.S.?

Vadim Krasovskiy July 15, 2020 Business News, Living in Singapore

5G cellular networks are poised to become the next technological revolution that will vastly change people’s lives around the world. With their ability to transfer data up to 100 times …

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5GSingapore Future

India ratifies OECD’s MLI – its impact on Singapore-India DTA

Vadim Krasovskiy May 10, 2020 Business News, India, Taxation

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 …

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IndiaLawsTaxes

Singapore implements a central register of company controllers

Vadim Krasovskiy May 6, 2020 Business News, Corporate Compliance

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 …

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ACRAComplianceLaws

Update on Singapore’s efforts to prevent the spread of COVID-19

Vadim Krasovskiy May 5, 2020 Business News, Living in Singapore

Coronavirus in Singapore The rapid spread of the novel coronavirus — Covid-19 — has raised alarm bells all over the world. The first case involving the previously unknown, pneumonia-like Covid-19 …

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LifestyleTourism

India Finance Act 2020: Key changes to Indian tax regulations

Vadim Krasovskiy April 14, 2020 Business News, India, Taxation

In the midst of the global coronavirus crisis, India’s Parliament, just before adjourning, passed the Finance Bill 2020 as the Finance Act 2020. The law contains a number of tax-related …

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IndiaTaxes

Singapore announces changes to Employment Pass visa scheme

cs-editor March 13, 2020 Business News, Immigration and Visas, Living in Singapore

As part of Singapore’s review of the foreign workforce in the country and measures for the protection of local workers, the Ministry of Manpower has launched a number of changes …

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ComplianceLawsPayroll

India Drops Dividend Distribution Tax; Singapore FDI now Favored

cs-editor March 3, 2020 Business News, India, Taxation

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 …

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IndiaLawsTax RatesTaxes

Residents of Turmoil-ridden Hong Kong seek relief in Singapore

Vadim Krasovskiy February 13, 2020 Business News, Immigration and Visas, Living 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. …

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Hong KongImmigration to Singapore

Importance of choosing the right company secretarial firm for your Singapore company

Vadim Krasovskiy February 11, 2020 Corporate Compliance

The recent news about a corporate service provider who cheated on KYC checks of banks by hiding the ultimate beneficial owners of companies highlights the severity of the risks in …

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Company SecretaryCompliance

Recent regulatory changes affecting companies incorporated in Singapore

Vadim Krasovskiy January 29, 2020 Business News, Corporate Compliance, Taxation

In the last few months, the Singapore government has implemented a series of legislative changes, signed new international agreements, deployed new online services, and introduced new incentives for entrepreneurs — …

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ComplianceLawsTaxes
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