Knowledge base

Using sound trademarks as a successful marketing tool

Nowadays, the evolving technology created the urge for many businesses to find alternative and sophisticated ways to uniquely identify their commercial products or services.


ACRA announce important reforms to the Singapore Companies Act

ACRA announced that they will be making legislative changes to the Singapore Companies Act which will be taking effect in two phases; the first phase is effective from the first of July, with the second phase to be implemented in the first Quarter of 2016.


Shareholders’ Agreements in Cyprus

A Shareholders’ Agreement (SHA) is a confidential legal document distinct from all other statutory documents of a corporation, applicable in cases where there are more than two shareholders and it is essentially an agreement between all the Company Shareholders that covers how the business is going to operate.


Registration of charges in the Republic of Singapore

The Accounting and Corporate Regulation Authority (ACRA) of the Republic of Singapore defines the Charge as "a form of security interest usually taken by a lender or creditor (“chargee”) to secure the repayment of a loan”.[1]


Foundations vs. Trusts

A Foundation is a non-governmental and non-profit organisation which is usually created by an individual or a business and whose funds are managed by its own Trustees or Directors, either as a non-profit corporation or as a charitable trust. One common type of a Foundation is a Family Foundation.


The amendment of the Assessment & Collection of Taxes Law in Cyprus

The amendments of the Assessment and Collection of Taxes Law 78/2014, made on the 20th of June, 2014 with regards to the Law 4/1978, is a clear demonstration of the Cyprus Government’s commitment to the reforms proposed by the Troika.


Requirements for company liquidation in Singapore

There are various conditions a company must fulfil in order to be struck-off legitimately. One of the conditions is that the company must have filed all the tax returns until the date of the strike off. The Directors and Shareholders must ensure that any outstanding income, tax returns, accounts and tax computation have been submitted up to the date of cessation.


FATCA and its preliminary effects on Cyprus and Singapore banks

The Foreign Account Tax Compliance Act (FATCA) is a U.S. law with the purpose to detect and impede the evasion of tax by U.S. persons including individuals who live outside the country. The purpose of FATCA is to eliminate and discourage offshore tax evasion by citizens or residents.


Liquidation and voluntary winding up of a Singapore company

A Singapore company might decide to wind up as a result of various reasons and such procedures may be a challenging and lengthy task. The difficulties faced and time to complete is dependent upon many factors, including how well the company has been managed and administered throughout its existence, the method chosen for closing down and who performs such a processes.