In light of OECD’s enhanced compliance guidelines and changes in technology in January 2018 the Accounting and Corporate Regulatory Authority (ACRA) initiated an extensive review of the country’s corporate laws …
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 …
Who will build Singapore’s 5G network – China or the U.S.?
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 …
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 …
Update on Singapore’s efforts to prevent the spread of COVID-19
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 …
India Finance Act 2020: Key changes to Indian tax regulations
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 …
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. …
Recent regulatory changes affecting companies incorporated in Singapore
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 — …