Our guide simplifies Hong Kong's tax system, prized for its efficiency and low rates, making it a preferred choice for businesses. Covering tax types, business entity income taxes, and introducing the RBA online Hong Kong tax calculator, we aid businesses navigating the region's tax landscape.
Our guide simplifies Hong Kong's tax system, renowned for its efficiency and low rates, making it a top choice for businesses. Covering tax types, individual income taxes, and introducing the RBA online Singapore tax calculator, we facilitate understanding for businesses operating in the region.
Our guide provides a concise overview of Singapore's tax system, renowned for its lowered corporate taxes and incentives for global investments. Exploring key features, business entity income taxes, and introducing the RBA online Singapore tax calculator, we facilitate investors' decision-making in the Lion City.
Vietnam's Parliament, on 29 November, announced an extension of the existing 2% value-added tax (VAT) cut until the end of June 2024, as per Resolution No. 110/2023/QH15
Deputy Prime Minister Lawrence Wong introduced Singapore's Budget 2024, focusing on resilience amid global economic challenges. Key measures include enhancing the Progressive Wage Credit Scheme, introducing new tax incentives, and extending support schemes like the SkillsFuture Enterprise Credit, all aimed at bolstering businesses and fostering economic growth in Singapore.
The Employment Act of 1968 regulates labor relations in Singapore, covering aspects such as working hours, leave entitlements, and termination procedures. This article provides a concise overview of the Act's key provisions, emphasizing its applicability, regulations for various types of leave, and penalties for non-compliance, crucial for businesses operating in Singapore to ensure legal adherence and fair treatment of employees.
This article highlights Singapore's recent amendment to its Income Tax Act, introducing Section 10L effective from January 1, 2024. The new provision aims to align tax laws with global standards, taxing gains or losses from foreign asset sales. It outlines conditions for taxation, types of assets covered, criteria for income received in Singapore, requirements for entities within relevant groups, and criteria for economic substance in Singapore, particularly for foreign Intellectual Property Rights (IPRs).
Launching a company in Singapore demands adherence to a rigorous legal framework. This article outlines the essential legal requirements, business entity options, registration process, and taxation nuances, underscoring the importance of professional assistance for successful incorporation and ongoing compliance.
Foreign workers in Hong Kong require a work visa obtained through their prospective employer, meeting stringent criteria from the Immigration Department regarding the necessity of foreign skills and the company's economic contribution. MBIA provides comprehensive assistance in the visa application process, ensuring a smooth transition to long-term residency and employment in Hong Kong.
Sole proprietorship and private limited company in Hong Kong have several differences, but also similarities. We will tell you here everything you need to know about these two entities, in details, in order to make the right decision!
