News

The application for the fifth round of the Anti-epidemic Fund to help sectors affected by the COVID-19 epidemic situation has already began on 17 January 2022.  The total funding for this round of measures is estimated to be about HK$3.57 billion, and consists of two parts: 1) for premises and individuals directly affected by tightening […]

Background The main aim of a company is to earn profit. Once reached it, the company will be in a position to re-invest the profits for the purposes of conducting certain business activities or to pay a percentage of the profit as a dividend to the shareholders. In simple words, a dividend is a return […]

Starting from 1 November 2021, employers with at least 10 employees are required to notify the MOM of all and each retrenchment, regardless of the number of employees affected.  We will briefly highlight the change and requirement, and if you have any queries or concern to your case, please contact our professionals in Singapore for […]

Influenced by COVID-19 pandemic situation, some expats (i.e. non-Chinese citizens) who obtained Hong Kong (HK) permanent identity cards, may have to depart from HK for a period of time due to health concern or family reunion purpose. Under current immigration policy, if an expat, who has acquired permanent resident status and has been absent from […]

The European Union (EU) announced the inclusion of Hong Kong in its watchlist on tax cooperation effective from 5 October 2021.  The EU considered that the non-taxation of certain foreign-sourced passive income in Hong Kong might lead to situations of “double non-taxation”; in particular, the EU was concerned that corporates with no substantial economic activity […]

In the continuous effort to transit to a new normal, the Singapore Multi Ministry Taskforce and the Ministry of Health have updated the Travel Protocols and allow the entry of fully vaccinated persons from certain countries into Singapore for general travel. Extended Vaccinated Travel Lanes Earlier in September 2021, Singapore launched the Vaccinated Travel Lanes […]

As part of the regular reviews of the border measures, the Singapore Multi Ministry Taskforce and the Ministry of Health have updated the country risk classification and the border measures. For travellers entering in Singapore from 7 October 2021 the new measures will be as follows: The prevailing border measures for incoming travellers will be […]

The Singapore Multi Ministry Taskforce has been closely monitoring the global Covid-19 situation and continues to update the country risk classification and the border measures. Specifically, the Taskforce has updated the Country risk classifications as follow: Category II: Poland and Saudi Arabia has been included in this category. Travellers from these countries may apply to […]

The Hague Convention Abolishing the Requirement of Legalization for Foreign Public Documents, signed at The Hague on 5 October 1961 (also known as the “Apostille Convention”), which replaces the legalization of foreign public documents (such as court documents, official certificates, and identity documents; etc.) with a simplified one-step process, was introduced in Singapore on 16 September 2021. […]