CLA Global TS (formerly Nexia TS) Congratulates the Singapore National Women’s Floorball Team for retaining their title at the Women’s Asia Oceania Floorball Confederation (AOFC) Cup 2022
The defending champions – Singapore Women’s Floorball Team celebrating their victory at the Women’s Asia Oceania Floorball Confederation (AOFC) Cup Singapore, 31 May 2022 – CLA Global TS congratulates the Singapore National Women’s Floorball Team for retaining their title at the recent Women’s Asia Oceania Floorball Confederation (AOFC) Cup 2022 after beating Philippines 4-1 […]
CLA Global TS (formerly Nexia TS) Assurance Director Appointed Member of Auditing and Assurance Standards Committee (AASC)
Singapore, 17 May 2022 – Nexia TS is pleased to share that its Assurance Director Mr Lee Tze Shiong, has been appointed as a member of the Auditing and Assurance Standards Committee (AASC) by the Institute of Singapore Chartered Accountants (ISCA). The committee is responsible for developing Singapore’s auditing and assurance standards, in particular […]
CLA Global TS (formerly Nexia TS) Received Appreciation Plaque on Nanyang Business School (NBS) Partners Day 2022
Singapore, 11 May 2022 – In conjunction with Nanyang Business School (NBS) Partners Day 2022, Nexia TS received an appreciation plaque in recognition of the firm’s continued support towards College of Business (Nanyang Business School), Nanyang Technological University, Singapore. The plaque was presented to Ms Loh Hui Nee, Director, Assurance and People & Culture of […]
CLA Global TS (formerly Nexia TS)’ Group CEO Participated in AFA’s Regional Sustainability Assurance Webinar
Singapore, 6 May 2022 – CLA Global TS (formerly Nexia TS)’ Group CEO and Chief Innovation Officer, Mr Henry Tan, represented The ASEAN Federation of Accountants (AFA) in delivering the welcome speech at the recent Regional Sustainability Assurance Webinar themed ‘The State Of Play In Sustainability Assurance’ held on 26 April 2022. Organised by AFA […]
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 […]
CLA Global TS (formerly Nexia TS) Embraces Digital Transformation by Adopting Interactive Digital Name Card Solution – Bumpp
Singapore, 7 April 2022 – With the new hybrid modes of working and its ongoing effort in adopting digital technologies, CLA Global TS (formerly Nexia TS) implemented the use of digital name card solution by start-up – Bumpp. With effect from April 2022, CLA Global TS (formerly Nexia TS) will stop using physical paper cards […]
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 […]