An Introduction to Cyprus Company Formation Cyprus is an European Union member state and its official currency is the EURO. The country has also one of the lowest tax rates in the bloc. Corporate Income Tax 12.5% Advantages of the…
Register Overseas Entities in the UK The Register of Foreign Entities trading in the UK has written into law since 2022 via the New Economic Crime Act 2022. The regulation stipulates that foreign companies wanting to transact properties or land…
Dedicated Fund on Branding, Upgrading and International Expansion (BUD Fund) of Hong Kong for Hong Kong Companies The “Dedicated Fund on Branding, Upgrading and Domestic Sales” (the BUD Fund), supervised by the Hong Kong Productivity Council, is Government-backed funding…
What is the difference between an LLC and a C Corporation? An LLC stands for Limited Liability Companies, a type of corporate entity that is enshrined in an operation agreement in which the owners ( or members in other words)…
Comprehensive Avoidance of Double Taxation Agreements with Hong Kong Double taxation generally refers to the imposition of comparable taxes by more than one jurisdiction in respect of the same source of income. The international community generally recognises that double taxation…
A Guidance for incorporating a Cyprus company Corporate taxes are levied at a rate of 12.5%. Various deductions apply including interest, cost of buying other companies, and employer's cost to social security. There are five different types of companies with…
Hong Kong Personal Income Tax and its Deductible Allowances 2023-2024 Personal Income Tax of Hong Kong The Hong Kong Inland Revenue Department has adopted a flexible tax regime to foster liveable living conditions. As a Hong Kong taxpayer, you are…
Background Information on UK Corporation Tax Change In October 2022, the UK Government proposed changes to the UK Corporation Tax rate from 1 April 2025. The proposal is aimed at increasing the main rate from 19% to 25%. In the…
TAX SUMMARY OF THE HKSAR FOR 2023-2024 1.Attracting Tourists and Enlivening The City's Image Over $250 million to be spent on mega events About $300 million reserved for staging more mega events, international meetings, incentive travels, conventions and exhibitions in…
Singapore Employment Pass for Business owners or directors Singapore is rated the best place in the world for doing business. However, the process for applying for a document to do business in the country remains a myth for business owners…