DOING BUSINESS IN SINGAPORE
The gradual shift in the world's economic gravity to the eastern hemisphere has been well leveraged by Singapore, with its strategic location and growing appeal as an international hub for wealth management and financial services. Singapore has topped the world ranking in terms of ease of doing business for close to a decade. Many global businesses benefit from locating their head quarter operations in Singapore.
Dhruva's 'Doing Business in Singapore' publication provides a concise synopsis on the critical aspects of doing business in Singapore with highlights on taxation, audit & accountancy as well as other related business matters.
Singapore News Alert 2020
This alert summarises selected key tax proposals from the Singapore Budget 2020, as well as the major tax developments over the past one year, which may be of interest to businesses and investors operating in Singapore.
Singapore Variable Capital Company (VCC) – At a glance
The launch of VCC framework in Singapore, finally addresses the shortcomings of the traditional corporate fund structure allowing greater ease of entry and exit to investors while providing privacy, tax exemptions and other advantages. VCC framework truly gears up the asset management industry, hitherto setting up funds mostly overseas.
SINGAPORE NEWS ALERT 2019
This alert summarises selected key tax proposals from the Singapore Budget 2019, as well as the major tax developments over the previous year, which may be of interest to businesses and investors operating in Singapore.
SINGAPORE TP FLYER
The Singapore Transfer Pricing (TP) Regulations have seen considerable progress in past six months with a legislative amendment to the Singapore Income Tax Act in October 2017 which mandates preparation of TP Documentation (TPD) followed by the issuance of Income Tax (Transfer Pricing Documentation) Rules 2018 (‘TPD Rules’) and the release of 5th edition to the TP Guidelines in February 2018.
SINGAPORE TP REGULATIONS
The recent amendments undertaken by Inland Revenue Authority of Singapore (IRAS) to the Singapore Income Tax Act (‘SITA’) in October 2017 and the release of Income Tax (Transfer Pricing Documentation) Rules 2018 (the TPD Rules) along with release of the 5th edition to Singapore Transfer Pricing Guidelines (the Singapore TP Guidelines) in February 2018, raises quite a few questions. This document lists out some of the frequently asked questions and provides answers to these FAQs.