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 […]

Effective December 1, 2015, the British Virgin Islands Registry of Corporate Affairs will be offering premium services. For a premium fee of $500, the Registry will […]

Some legislative amendments had been announced in the British Virgin Islands (BVI) to improve the authorities’ access to company beneficial ownership information. The changes to the […]

In February 2012, the Financial Action Task Force (FATF) published the revised international standards concerning the combating of money laundering and terrorist financing (FATF recommendations). Parliament […]

With the introduction of the Securities and Investment Business (Incubator and Approved Funds) Regulations, 2015 (the Regulations), the British Virgin Islands Financial Services Commission (the FSC) […]