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• Bahamas IBC – Incorporation

  Q: Is there any restriction on business activities for a Bahamas IBC? A: According to the Inte

• FAQ for Holding Over of Provisional Profits Tax in Hong Kong

  According to the Hong Kong Inland Revenue Ordinance, you may apply in writing for holding over of the whole or part of the provisional profits tax. The following are

• Singapore Personalised Employment Pass

  The Singapore Personalised Employment Pass (“PEP”) is for the high-earning foreign professionals. PEP holders have greater job flexibility than with other work passe

• Zero Rate in GST

  Your services are considered international services, which are zero-rated (i.e. GST is charged at 0%), if they fall within the provisions under Section 21(3) of the

• Q&A Concerning Termination of Employment Contract with the Incompetent Employee

  According to the labor Contract law of the People's Republic of China, can the foreign invested enterprise terminate the employment contract with an employee who is

• Q&A Concerning IIT Special Additional Deduction– Medical Deduction for Serious Illness

  On December 22, 2018, the State Council publicly released the "Interim Measures for Special Additional Deductions for Personal Income Tax" (hereinafter referred to a

• Bahamas IBC – Maintenance

  Q: Does the Accounts of the Bahamas IBC need to be prepared? A: According to the International

• FAQ for Advance Ruling

  Any company or person in Hong Kong can apply to the Commissioner of Inland Revenue Department (“IRD”), for an advance ruling on how the provisions of the Inland Reve

• Letter of Consent issued by the Ministry of Manpower of Singapore

  Q: What is a Letter of Consent (“LOC”)? A: A LOC is an approval issued by the Ministry

• Zero-rated GST on service

  GST is charged on taxable supplies. A taxable supply is a supply of goods or services made in Singapore, other than an exempt supply. A taxable supply can either be