The number of businesses setting up a presence in Singapore continues to grow, in large part due to the country’s tax-friendly environment. Singapore welcomes global businesses and startups, offering a …
5 common mistakes to avoid while incorporating a Singapore company
Singapore is well-known for offering a favorable and welcoming environment to startups. Bolstered by supportive government policies and private funding, Singapore has emerged as Asia’s preferred business hub; its position …
Global minimum tax: reforming the international taxation system
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: 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 …
India Taxation Amendments 2020 – A Quick Summary
On September 22, 2020 India’s parliament passed the Taxation and Other Laws (Relaxation and Amendment of Certain Provisions) Bill, 2020. This bill aims to reduce the tax and compliance stress …
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 …
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 …
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 — …
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