hong-kong-business

The business investment visa in Hong-Kong explained

Foreign Entrepreneurs willing to reside in Hong Kong by creating or joining a business must obtain a business investment visa before beginning to carry-on such commercial activity.   The business investment visa request The Immigration Department which manages the population flows has a strict attitude on the business investment visa relief. It requires to pass an approvability test based on 2 general criteria: •

visa-singapore-answered

Common Questions about the Visa in Singapore answered

Here are some common questions about Visa in Singapore, answered by MBIA. We are here to help you to get a Visa in Singapore, contact us here.   Do I need an Employment Pass or any other relevant work pass if I work without a salary in Singapore? Quick answer – Yes, absolutely The limitation of hiring of foreign manpower is governed by Section

singapore-tax-foreigner

Foreign sourced income received in Singapore : all you need to know

In Singapore, tax resident and non-resident companies are generally taxed in the same manner, but tax resident companies can enjoy certain benefits for their foreign source income in Singapore, such as: Exemption or reduction in tax imposed on specified foreign income that is derived in a jurisdiction that has an Avoidance of double Taxation Agreement with Singapore; Tax exemption on specified foreign income such

hong-kong-capital-reduction

Share capital reduction with court-free process for companies in Hong Kong : How to do

Companies can take advantage of the court-free process in Hong Kong to conduct capital reduction to optimize excess capital, and conduct a share reduction. The Companies Ordinance (Cap. 622) (“CO”)  has introduced a court-free process for reduction of capital of companies. The court free process requires directors to give a solvency statement in order to reduce the company’s capital. The procedures for capital reduction

hong-kong-companies-registry

New inspection regime for Hong Kong Companies Registry explained

Up to now, any person can obtain through a company search information regarding the residential addresses and personal identification numbers of directors and company secretaries of Hong Kong registered companies on the register of the Companies  Registry (“Register”). In light of the growing concern about the availability and use of  personal information, an inspection regime to protect such personal information was  included in the

singapore-work-permit-tax-infos

What are the different types of work passes in Singapore in 2022 ?

Singapore remains a prospective nation for business ventures, both locally and internationally. The city has been consistently recognized as a global business and technology hub with its geographic location. Companies who intend to hire foreigners must ensure that they hold a valid work pass.  Likewise, foreigners who intend to work in Singapore are required to have a valid work pass. Depending on the type