What Are the Tax Types and Tax Benefits in
Singapore Last time, I shared with you the tax system in Singapore. So what are the tax types in
Why is Single Office in Singapore More Popular
Singapore Singapore’s economy is known for being open and well-regulated, with a vibrant ecosystem of bankers, trustees and advisors ready to
New Inspection Regime for Hong Kong Companies from
A new inspection regime is being implemented under the Hong Kong Companies Ordinance, which provides additional protection for the
Hong Kong: New Embrace of Interventionist
The new embrace of interventionist strategies for the economy as set out in the policy address of Hong
How Can Chinese Companies Make Fewer Mistakes in
In recent years, the number and value of overseas M&A transactions by Chinese companies have increased significantly with the advancement of
Singapore Launches New Work Pass to Attract Top
Singapore’s Minister for Manpower Tan Sri Leong on Monday (29 August 2022) announced the launch of a new work
SG Ministry of Manpower: New Changes to Work
Earlier this year, the Ministry of Manpower (MOM) announced its latest policy on its website! MOM’s COE (Change of
Summary of Singapore’s SME Government
Enterprise Singapore (ESG) is a statutory body under the Ministry of Trade and Industry of the Singapore government. It was
Gaming Companies Favour to Collaborate with
ACTIVE PROMOTION OF THE GAMING INDUSTRY Government agencies in Singapore like Infocomm Development Authority (IDA) and Media Development Authority
7 Reasons Why Hong Kong is No.1 for International
Hong Kong In recent years, Hong Kong has had some serious competition as Asia’s premier gateway for international business.
1,386,592 Companies Registered in HK & the
A total of 50,087 local companies were newly registered during the first half of 2022, according to the
Small Businesses in China Get New VAT Exemption
China’s new VAT regulations are good news for SMEs, but add to the complexity of VAT administration and accounting.
Briefing on Minimum Wages & Social Insurance
According to China’s Provisions on Minimum Wage, the legal minimum wage refers to the minimum labor remunerations that shall be
How Can CN Companies Avoid Tax Risks When
The primary tax risk that Chinese companies face when going global is the unfamiliar and complex tax system, collection, and
Offshore Structure: Singapore VS Hong Kong Company
Singapore has one of the lowest corporate tax rates in the world, excluding capital gains tax, and is ranked number one in
The Detailed Guidance for China Company ‘s
(Elite Stage’s gift: 83 pages of electronic document “The Impact of the War in Ukraine on Global Trade and Investment” is available for free
Optimal & Legal: 5 ways to Do Overseas
(Elite Stage’s gift: 56 pages of electronic document “Anticipating Inflation in Asia 2022 & Beyond” is available for free within a limited time!
Successful Cases: the Key Points When Applying for
On April 26 this year, Singapore’s entry measures were further simplified. No matter whether you are holding a short-term visa
SG PR Application in the Relaxation Stage: seize
“Applying for PR” has always been one of the hot topics that foreigners in Singapore are most concerned about.
China Q1 2022 Economic Data Overview– Key
According to the recently released economic statistics by the National Bureau of Statistics and the Ministry of Commerce, China’s first quarter (Q1)
Singapore: New Points System for EP Applicants
Singapore Singapore will introduce a new points system for Employment Pass (EP) applicants from 2023, in addition to higher qualifying salary
Why Entrepreneurs Are Choosing to Do Business in
We once lived in a world where few countries enjoyed economic prosperity while the majority of countries watched with
Shanghai Grocery Purchase Guidance Summary+Aid
Since the epidemic control in Shanghai in April 2022, grocery purchase has become a top priority for many citizens. Elite Stage
How Do Smallest Businesses Survive Omicron
Beijing has rolled out tax relief and other beneficial policies such as more favourable loan rates and rent exemptions, rather
New Relief Measures for Service Industry
The service industry and small businesses in China will benefit from a series of new relief measures ranging from
Update of the Boarding Requirements for the United
From April 1st, for the direct flights from the United States to China, the original report of the antigen test
Hong Kong Budget 2022-23: All You Need to Know
Hong Kong 2022-23 Budget (2022-23 Budget) announces pending plans worth over HK$170 billion to boost the economy and maintain public confidence.
China Will Provide 2.5 Trillion for Tax Rebate and
The fifth session of the 13th National Committee of CPPCC had it closing ceremony at the Great Hall on March
200,000+ Foreigners To Get Better Support When
Nearly a quarter of overseas nationals working in China are based in Shanghai, at 215,000 people, the highest proportion in the country, according to
Newly Established Foreign-Invested Companies
According to China’s Ministry of Commerce, the number of foreign-invested companies newly established in China in the first 11 months of 2021 was 43,370, rising
China Annual Individual Income Tax Declaration
Annual Individual Income Tax declaration will start on March 1st. Q1 Who ? Resident individual whose Tax withheld is
A Guide to Minimum Wages in China in 2022
CHINA Minimum wages continue to rise. Starting in 2022, Shenzhen and Henan raised their minimum wage standards from January 1, while Chongqing and
China’s Small Business Tax Incentives in 2022
In this article, we introduce the major tax incentives for small businesses, including corporate income tax (CIT) cuts for small and low-profit
Get Ready! 2022 HK Company Audit Peak is coming!
HONG KONG Every year, Hong Kong Companies shall complete the profit tax return and submit it to Inland Revenue
US-China Travel Fast-Track Program to Start in
The American Chamber of Commerce in China said that a US-China travel fast-track program, which allows for US business people and
The Highlights of 2022 Lin-gang FTZ Innovation
Lin-gang Special Area At the beginning of New Year 2022, as the business investment agency, Elite Stage was invited
Negative List for Market Access to Be Further
Negative List China will continue to shorten the negative list for market access this year, as part of the
China Lowers Tariffs on 954 Products from January
the Customs Tariff Commission of the State Council (‘the commission’) will adjust import and export tariffs on selected goods in 2022
Trading Companies, Check out the Export Tax Refund
To encourage exports, the Chinese government formulated and implemented a series of policies of which the export tax rebate is one
How to Prepare for an Effective Annual Audit in
Whether an audit is effective or not makes a big difference in a company’s governance and development in the long run,
China’s Medical Devices: Industry Key Market Entry
China healthcare industry is currently ranked the second largest in the world behind the US. The market has grown at a consistently
5 Things to Avoid HK Company Bank Account Frozen
Whether you are going to open your very first bank account for your Hong Kong company or you have luckily opened
How to Do With Work Permit if Changing the Job in
If a foreigner working in China changes his employer, he shall first cancel his existing work permit. After cancelling the original
China’s Tax Incentives: An Overview of Key
China’s tax incentives are preferential tax policies offered by its local and/or central governments to incentivize or encourage a
Attention! Hong Kong Has Tigntened the Registry
The government has tightened registry searches in Company Registry and Land Registry – people will have to provide their name
China’s New Tax Deferment Measures and
Tax deferment measures for manufacturers, individual businesses, unincorporated firms. According to the executive meeting, the following taxes for
The Analysis of Minimum Wages in China in 2021
Minimum wages in China continue to grow. So far, in 2021, the provinces of Heilongjiang, Hubei, Jiangsu, Jiangxi, Ningxia,
How to Open a Bank Account for Foreign Companies
Setting up a company in China’s appealing market may be subject to varied requirements, depending much on the business entity chosen
Income Tax Rate of These 3 Places in Mainland is
Have you got the news that at the end of this year, the previous taxation policy of eight tax
By Early 2022, Borders Might Open If Vaccination
China may open its borders after it vaccinates over 85 percent of its population by early 2022, said Gao Fu,