by admin | Sep 16, 2020 | Company Law, Ethics, Tech News
On or about 14 September 2020, the Institute of Singapore Chartered Accountants (ISCA) has strongly encouraged professional accountants are also strongly encouraged to subscribe to the Anti-Money Laundering / Countering the Financing of Terrorism and Targeted...
by admin | Jul 20, 2020 | Company Law, Tech News
On or about 20 July 2020, the Companies Act Working Group (CAWG) was set up by the Accounting and Corporate Regulatory Authority (ACRA) in January 2018 to review areas of the Companies Act (CA). The ACRA now invites the public to provide feedback on proposed...
by admin | Jan 13, 2020 | Company Law, Goods and Services Tax, Income Tax, Tech News
On or about 5 August 2019, the Variable Capital Companies (Miscellaneous Amendments) Bill was tabled in Parliament to introduce a tax framework for variable capital companies (VCCs) incorporated under the Variable Capital Companies Act 2018 (VCC Act). On or about 24...
by admin | Nov 30, 2019 | Company Law, Tech News
On or about 1 October 2018, the Parliament of Singapore passed into law a new type of corporate structure, the Variable Capital Company (“VCC”) that put Singapore in the same league as other global fund hubs like Cayman Islands, Dublin and Luxembourg. The VCC...
by admin | Sep 3, 2019 | Company Law, Income Tax, Property Tax, Stamp Duties, Tech News
On or about 3 September 2019, the Variable Capital Companies (Miscellaneous Amendments) Bill was read for the second time in Parliament on 3 September 2019 by Ms Indranee Rajah, Second Minister for Finance. The Bill comprises two broad categories of proposed...
by admin | Jan 24, 2019 | Company Law, Tech News
The Companies (Amendment) Act 2017 was passed on 10 March 2017 and will be implemented in phases. The first phase which was effected on 31 March 2017, introduces amendments such as the requirement to maintain varies registers at the prescribed places and the remove...