The HKSAR Government on the 14th of January 2021 announced business support measures to businesses in Hong Kong in the form of grants totaling HKD 3.57 billion. The latest government supports comes on the back of the new Omicros variant…
We understand the importance of speaking with our team at any time, including in this festive season. Rest assured that we will have staff on duty who can assist you with any business requirements. The opening times at our major…
A TCSP is a type of license issued by the Companies Registry in Hong Kong for carrying out work on a trust or a company service business , the so-called TCSP business. Companies that are engaged in the following business…
A non-resident offshore bank account allows you to manage your money easier amongst different jurisdictions. A non-resident offshore bank account is a personal/business bank account you open in a country where you are not normally resident. ( living in for…
A global tax deal has been reached by major economic powers, with a minimum tax rate of 15% penciled in for implementation, as announced by the OECD on 08/10/2021. Here are the key takeaways of the global tax deal: 1.…
Financial Secretary Paul Chan of Hong Kong announced measures worth more than 120 billion Hong Kong dollars ($15.5 billion) for the latest fiscal year in a bid to stimulate the economy in the face of Covid disruptions. The Financial Secretary…
This is the question we often get asked about by our clients. It is very possible to set up a company, either offshore or onshore, regardless of your nationality, employment, income, etc... Being resident in your home country and operating…
Sinda Corporation are pleased to inform our clients and partners that we are now finally launching our company formation services in Turks and Caicos. It is a British Overseas Territory , comprising of the larger Caicos Islands and smaller Turks Islands. They are…
Several jurisdictions, including these in most offshore jurisdictions such as the BVI, the Cayman Islands, Jersey, Isle of Man, Guernsey, Hong Kong, have introduced legislation concerning the economic substance, which took effect in 2019. What are the economic substance…
The most common example of having an offshore company in the Cayman Islands to hold assets in South East Asia and bank with one of the biggest banks in Singapore has proven to be extremely successful for our clients from…