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 […]
CLA Global TS (formerly Nexia TS) Successfully Assisted LS 2 Holdings in its IPO Listing on SGX Catalist Board
Singapore, 25 February 2022 – CLA Global TS (formerly Nexia TS) is pleased to announce that it has successfully assisted LS 2 Holdings Limited (“LS 2” and together with its subsidiaries, “LS 2 Group”) in its initial public offering (IPO) listing on the Singapore Exchange Catalist board. The Singapore-based environmental services provider debuted yesterday 47.5 […]
The Complete Guide To Accounting Services In Singapore
All you need to know about Singapore’s Accounting Firms’ Services: M&A Advisory Singapore, Forensic Support Services, HR Outsourcing Services Singapore For small and large businesses alike, accounting services are essential. Businesses can use the services of an accounting firm to stay on top of local and international accounting, audit and tax standards and achieve financial growth and maintain […]
CLA Global TS (formerly Nexia TS) Named Business for Good Honouree at the Brands for Good Award 2022
Singapore, 17 January 2022 – CLA Global TS (formerly Nexia TS) has been named an Honouree in the category of Business for Good at the Brands for Good 2022 Award Luncheon held earlier today. The award recognises the firm’s approach towards social responsibility in its business and operations through innovative implementation of internal processes to […]
CLA Global TS (formerly Nexia TS) Group CEO & Chief Innovation Officer Appointed as Office Bearer of the ASEAN Federation of Accountants
Singapore, 7 January 2022 – CLA Global TS (formerly Nexia TS) is pleased to share that its Group CEO & Chief Innovation Officer, Mr Henry Tan, has been appointed as the treasurer of the ASEAN Federation of Accountants (AFA) following an announcement on 1 January 2022 welcoming its new office bearers for the period of […]
CLA Global TS (formerly Nexia TS) Welcomes Home the National Women’s Floorball Team after 14th Place Finish at the World Floorball Championships 2021
Singapore, 8 December 2021 – CLA Global TS (formerly Nexia TS) welcomed the National Women’s Floorball Team back home as they returned yesterday from Uppsala, Sweden to compete at the World Floorball Championships 2021 that took place on 27 November 2021. The firm has been part of the Singapore’s team journey since 2017. The team […]
CLA Global TS (formerly Nexia TS) Announces the Admission of Assurance Directors
Singapore, 1 December 2021 – CLA Global TS (formerly Nexia TS) today announced the admission of new Assurance Directors with the appointment of Samuel Lim and Eddy Tan to strengthen its leadership team. The appointments reflect the firm’s commitment to investing in talent to build long-term growth capabilities. Prior to joining the firm, Samuel and […]