Singapore first published the Income Tax (International Tax Compliance Agreements) (Common Reporting Standard) Regulations 2016 (CRS Regulations) on 2 December 2016. These regulations entered into force […]

The Beneficial Ownership Secure Search System Act, 2017 (the “BOSS Act”) comes into force in the BVI on 30 June 2017. The registered agent of an In-Scope […]

Effective 1 July 2017, the new legislation for Cayman Companies and Cayman Limited Liabilities Companies to create and maintain a register of beneficial ownership (“the Register”) came […]

REGISTER OF CONTROLLERS Singapore companies, foreign companies and limited liability partnerships (LLPs) registered in Singapore (unless exempted by legislation) are required to maintain register of registrable […]

On 31 August 2016, the Companies Act 2016 (“CA 2016”) had been gazetted to replace the Companies Act 1965 (“Old CA”) to provide greater flexibility, certainty […]

All religious institutions or organisations qualify for tax exemptions, provided that their income are from donations and intended for religious activities. The IRB said that a […]

JTC KENSINGTON EXPANDS FIDUCIARY OFFERING AFTER SECURING SINGAPORE TRUST LICENCE We are delighted to announce that Kensington Trust Group (KTG) was recently granted a licence by […]

On 18 January 2016, Hong Kong signed a DTA with Russia. This agreement comes shortly after Hong Kong concluded a DTA with Romania in November 2015, […]

  For the first time in modern history, the Asia-Pacific now has more rich individuals than North America. The rising wealth in China, India, Indonesia and […]

The Inland Revenue Board of Malaysia (IRBM) has on 26 November 2015, released a media announcement to advise all taxpayers to seek services from legitimate and […]