CLA Global TS (formerly Nexia TS) Announces the Admission of Assurance Director

Singapore, 1 March 2021 – CLA Global TS (formerly Nexia TS) today announced the appointment of Lee Tze Shiong as Assurance Director. His appointment complements the growing team of public accountants to meet the increasing demands for assurance services.  Prior to this, Tze Shiong held the position of Assurance Principal where he managed a gamut […]

CLA Global TS (formerly Nexia TS) Announces the Admission of Tax Director

Singapore, 24 February 2021 – CLA Global TS (formerly Nexia TS) today announced the appointment of Shaun Zheng as Director in its growing Asset Management and Private Wealth Tax practice. His appointment comes as part of the firm’s expansion plan to meet the increasing demands for tax advisory and compliance services within the trusts, fund […]

Audit exemption for companies in Singapore

In Singapore, every registered company is required to file financial statements and have their statements and accounting records officially audited every year, unless they are exempted from audit. Companies who need to comply with auditing standards must use a public accountant registered with the Accounting and Corporate Regulatory Authority (ACRA) in order to for the […]

CLA Global TS (formerly Nexia TS) Shanghai Recognised as Class-A Accounting Firm by Shanghai Institute of Certified Public Accountants

Singapore, 9 February 2021 – CLA Global TS (formerly Nexia TS) joins in the celebration with its internationally-oriented associated firm, Shanghai CLA Global TS Certified Public Accountants, for being recognised as Class-A accounting firm in a recent audit review by the Shanghai Institute of Certified Public Accountants (SHICPA). The classification is based on a set […]

Tax Avoidance – A Singapore perspective

In Singapore, it has been publicly observed recently a sharp spike in the number of cases which the Inland Revenue Authority of Singapore (IRAS) has invoked our tax anti-avoidance provision in our domestic tax legislation to counteract tax avoidance arrangements. In a recent tax avoidance case of GCL v Comptroller of Income Tax [2020] SGITBR […]

CEO Interview with Finance Monthly

M&A specialist and his role Henry Tan, Group CEO & Chief Innovation Officer of CLA Global TS (formerly Nexia TS), has been serving as advisor to clients in Singapore and the region. As Group CEO, he manages the firm and grows its footprint to a major player in the market. He has assisted companies especially […]

Update to China’s Security Review of Foreign Investments

This new regulation consists of 23 articles outlining the types of foreign investments subject to security review, as well as the scope and procedures of security review. The goals of the regulation are to enhance the accuracy and transparency of security review, reduce the impact of security review on foreign investment activities, and protect foreign […]

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