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The Cash Accounting Scheme is designed to alleviate the cash flow of small businesses. Under the scheme, businesses only have to account for output tax when payment is received. Th...
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Q: What is a Long Term Visit Pass (“LTVP”)? A: The LTVP is a type of pass that is issued to certain family members of eligible Employment Pass (“EP”) or S Pass (“SP”) holder...
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It has been a lot of controversy whether an enterprise obtains a virtual invoice based on the "real transaction, that is, the expenditure is real and actually issued" in the transa...
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In a sense, being the legal representative of the company is to control the core power of the company. However, the legal representative must bear the corresponding legal responsib...
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Shanghai Human Resources and Social Security Bureau officially issued a notice on extending the implementation period of the city’s phased corporate social insurance premium reduc...
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In order to encourage foreign investors to continuously expand their investment in China, create a better environment for the long-term development of foreign-invested enterprises,...
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Q: Do the accounts of Belize IBC need to be prepared? A: In order to reflect the financial position of the Company, the Belize IBC shall keep its accounts and records in the way...
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The Hong Kong Inland Revenue (Amendment) (No.3) Ordinance 2018 was enacted on 29 March 2018. Two-tiered profits tax rates was introduced for corporations and unincorporated busines...
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Goods and Services Tax or GST is a broad-based consumption tax levied on the import of goods (collected by Singapore Customs), as well as nearly all supplies of goods and services ...
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The Singapore Dependant’s Pass (“DP”) is a type of pass which allows spouse and children of Employment Pass (“EP”), S Pass (“SP”), Personalised Employment Pass (“PEP”) and...