On May 28, 2020, the National People’s Congress authorised the drafting and enacting of a national security law for Hong Kong. This law will radically expand the powers of 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 …
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 — …
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 …
Singapore on track to become the de-facto FinTech, Crypto and Blockchain Haven
The just completed FinTech Festival underscores Singapore’s commitment to its FinTech sector as a strategic area of growth. The week-long event was sponsored by MAS — the country’s financial regulator …
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 …