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Undertakings for Collective Investment in Transferable Securities UCITS is a pan-European Fund product which when established in one EU country can be sold cross boarder within the EU under a…

Since 1 November 2007, companies in Singapore are required to file financial statements with ACRA, and filing financial statements in XBRL. With effect from 3 March 2014, the revised XBRL filing…

Cyprus is a favourable jurisdiction for creating international trusts which are governed by the 1992 International Trusts Law which regulates the establishment and administration of International Trusts. The International Trust Law compliments…

Cyprus Company Law provides for a member led voluntary winding up of a company. In order for this to occur the company must be solvent. The voluntary winding up of…

What is ECI? ECI means Estimated Chargeable Income. It is an estimate of a Singapore company’s chargeable income for the given Year of Assessment (YA). The amount of ECI declared…

For all businesses: This year’s budget did not emphasise on significant tax changes. The government wants to restructure the Singapore economy to achieve quality growth. Businesses that make investments in…

Dear Sir, We have received a letter from IRAS dated xx month xxxx asking your company to register for GST as your turnover has crossed the S$1million mark. What is…

EMPLOYMENT PASS The Ministry of Manpower (MOM) requires foreign highly skilled professionals, Managers, Executives, specialists or entrepreneurs who wish to work in Singapore need an Employment Pass to commence employment. To be considered for an Employment Pass,…

For the retired and the wealthy: Category F immigration permit offers permanent staying in Cyprus without need to obtain any visas, residence permit renewals or re-entry permits. Category F immigration…