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Singapore Regulatory Update: December 2023
Singapore remains a lively hub for businesses, attracting entrepreneurs worldwide with its favorable business environment. In December 2023, about 4,000 new companies were formed, showcasing ongoing interest in Singapore’s business …
Singapore Regulatory Update: November 2023
Singapore continues to fortify its regulatory framework, showcasing a commitment to global standards while fostering a conducive environment for business growth and innovation. In this comprehensive update, key regulatory developments …
Singapore Regulatory Update: October 2023
Singapore continues to be at the forefront of innovation and regulation, demonstrating its commitment to fostering international collaboration, combating technological crimes, and strengthening financial integrity. The regulatory developments in October …
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 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 …