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…
Expired Documents for Companies in the Cayman Islands In order to further enhance the implementation of money laundering and terrorist financing, the Cayman Islands Government passed the legislation to amend the Companies Act (2022 Revision), in particular by amending Section…
The UK's Register of Overseas Entities In 2022, Companies House set up the Register of Overseas Entities (ROE), which was also the first of its kind in the world. This requires overseas entities who own UK property to identify who…
Warmest Greetings for the Holiday Season from Sinda Corporation! We, Sinda Corporation, wish you and your family a Merry Christmas, a Happy New Year and every success of business in 2023! We remain open throughout the Holiday Season, except on…
The new foreign-sourced income regime in Hong Kong from 2023 onwards. The latest international tax standards require a taxpayer benefitting from a preferential tax treatment in a jurisdiction to have a substantial economic presence in the jurisdiction and to establish…
Summary of BVI Business Companies (Amendment) Act 2022 The latest summary of BVI Business Companies (Amendment)Act 2022 will come into effect from 01/01/2023 and was seeking to address existing issues in company dissolution, bear share abolition and statutory keeping measures.…