The proposal to amend the income tax assessment system for Labuan Entities taxed under Labuan Business Activity Tax Act 1990 from preceding year basis to current […]

With the passing of the ACRA (Registry and Regulatory Enhancements) Bill on 2 July 2024 by Parliament, Accounting And Corporate Regulatory Authority (“ACRA”) will be introducing […]

In Singapore, all organisations must comply with the Personal Data Protection Act 2012. Under the PDPA, all organisations are required to develop and implement policies and […]

The ACRA (Registry and Regulatory Enhancements) Bill, the Corporate Service Providers (CSP) Bill, and the Companies and Limited Liability Partnerships (Miscellaneous Amendments) (CLLPMA) Bill were passed […]

The Inland Revenue Authority of Singapore (IRAS) published the seventh edition of the e-Tax Guide on Transfer Pricing (TP) Guidelines on 14 June 2024.   Here […]

The Minister of Human Resources of Malaysia (“Minister”) has announced that the Occupational Safety and Health (Amendment) Act 2022 (“Amendment Act”) will come into force on […]

1) Corporate Income Tax (“CIT”) Rebate for the Year of Assessment (“YA”) 2024, with a CIT Rebate Cash Grant for eligible companies   To help companies […]

In the ever-evolving landscape of corporate taxation, IRAS is introducing a new Section 10L. This development, set to reshape how entities approach gains from movable or […]

The Registrar of Companies announced that starting from 27 December 2023, the Company Number / CR Number / Company Registration Number will be replaced by the […]

Increase in CPF Ordinary Wage ceiling for 1 January 2024 (a) The CPF Ordinary Wage (OW) ceiling limits the amount of OW that attract CPF contributions […]