To all future aspiring Singapore Family Offices!

To akkWith effect from 18 April 2022, funds that are managed and / or advised directly by a family office which is:- An exempt fund management company which manages assets for or on behalf of the family(ies); and Is wholly owned or controlled by members of the same family(ies), must meet, in addition to the […]

Singapore Budget 2022 – Supporting Today, Strengthening for Tomorrow

On the Road to Economic Recovery As Singapore continues to grapple with living alongside COVID-19 and other headwinds that continue to have a negative impact on global economies, there is a certain level of cautious optimism brewing along the horizon as the country plans and prepares itself for the road out of the COVID-19 pandemic. […]

Overview of GST Rate Change with effect from 1 January 2023

GST Rate Increase in Two-Step Approach The Minister for Finance Singapore has recently announced in the Singapore Budget 2022 that the envisaged GST rate increase will be carried out in a two-step approach: From 7% to 8% with effect from 1 January 2023; and From 8% to 9% with effect from 1 January 2024. To […]

China Revises Rules for Company Dissolution

In late December of 2021, even as the Standing Committee of the People’s Congress released a draft of a new revision to the China Company Law, the responsible ministries released Announcement [2021] Number 48, titled Announcement on Promulgation of the Guidelines on Business Deregistration (Announcement 48), which took effect on December 28, 2021 and details […]

Transfer Pricing

Transfer Pricing Services Transfer pricing has been gaining attention by the tax authorities as well as businesses with the slew of recent updates to the transfer pricing regulations and guidelines, both internationally and in Singapore. To name a few, the Organisation for Economic Co-operation and Development (“OECD”) updated the OECD Transfer Pricing Guidelines in January […]

CLA Global TS (formerly Nexia TS) Renews Title Sponsorship with the National Women’s Floorball Team and Named the First Supporting Partner for the Singapore U19 National Women’s Floorball Team

Singapore, 8 March 2022 – CLA Global TS (formerly Nexia TS) and the Singapore Floorball Association (SFA) are pleased to announce the renewal of sponsorship for the Singapore Women’s Floorball Team for the year 2022/2023 – continuing a successful relationship since 2017. The partnership has also taken a step further for CLA Global TS (formerly […]

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