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12 Jul 2022

What is Auditor Independence & Why is it Important?

In October 2001, the world was shocked by the single biggest audit failure in the modern era. Known as the Enron Scandal, the repercussions following its lawsuit and bankruptcy are still talked about today, 20 plus years ahead. The Enron scandal generated much debate as well as legislation designed to improve accounting standards and practices […]

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12 Jul 2022

Getting Started with Financial Shared Service Centre (SSC) for Your Business

As economic globalization accelerates, the use of financial shared services has increased among business alliances, multinational corporations, and other organisations. Some businesses have a parent company and several regional, national, or international subsidiaries that utilise the shared service model.  Shared services allow the regional branch to access the larger pool of resources that are only […]

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04 Jul 2022

Incorporating a Company in Singapore: What You Should Know

Singapore is an island nation with a global footprint. Its excellent strategic location coupled with its outward-looking open economy has made it one of the most sought-after attractions for business around the world. This small island nation with a stable political environment, strong rule of law and a highly skilled workforce has warranted it to […]

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04 Jul 2022

Is Hong Kong Still Relevant Post Pandemic?

Hong Kong has a good track record of dealing with economic shocks. The openness of Hong Kong’s economy makes it sensitive to downturns in trade and investment flows. However, the region has an ability to rebound quickly once conditions change.  Following the sharp 6.1% contraction in 2020, Hong Kong’s economy started to rebound in 2021 […]

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13 Jun 2022

Tax Relief Opportunities to Leverage on for Hong Kong Businesses

Hong Kong is one of Asia’s known tax havens. It has one of the world’s most enterprise-friendly tax schemes that follows a straightforward, low-rate tax structure. Taxation in Hong Kong is proportional to income, while businesses here are subjected to a unique profits tax. And for a lot of prospects looking to start a business […]

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