On 30 April 2019 the Economic Substance Regulation (ESR) was introduced in the UAE to align the country with the global standards to prevent Base Erosion and Profit Shifting (BEPS). According to the UAE legislation, the ESR is applicable to 9 business activities called “Relevant Activities” but all businesses licensed in the UAE shall have […]
Following the release of Budget Statement 2020 last February (the ‘Budget 2020’), the global COVID-19 crisis has hugely worsened, rapidly affecting, among others, the economy in Singapore and globally. Singapore Government has promptly reacted, implementing several measures to support Singapore companies and individuals, to save jobs and to help businesses in preserving their cash flow […]
The Coronavirus outbreak that first developed in Wuhan and quickly spread to the entire country has triggered a range of disruptive consequences for the supply chain of a multitude of domestic and foreign companies in China, also generating significant change in terms of consumers’ behavior and preferences.
近年来，中国的综合国力不断提升，日趋频繁的贸易活动也加强了国际人才流动的必要性。不论是为了下一代的教育或是营商，申请一个海外的身份或居留权的优势变得越来越明显。富德林综合了部分主流国家的居留项目，从法规、税务、申请手续等不同方面提供了分析。 欢迎细阅附件的信息，并随时与我们联系info@fidinamgw.com Dubai_Residency_by_Incorporation
On 18 February 2020, the Singapore Ministry of Finance has delivered the Budget Statement for the Financial Year (“FY”) 2020. We are pleased to highlight here below the main tax and employment changes that may impact businesses in Singapore. As preliminary remark, it must be noted that Budget 2020 has been presented against the backdrop […]
Yesterday, 26 February Financial Secretary of the HKSAR Government, Mr. Paul Chan, published his 2020/2021 Budget. In a nutshell, new relief measures for supporting enterprises include: introducing a concessionary low-interest loan under the SME Financing Guarantee Scheme, under which 100% guarantee will be provided by the Government. The application period will last for six months. […]
Fidinam (Australasia) Real Estate Pty has successfully acquired a commercial office building in Melbourne Australia on behalf of its clients. 22 William street comprises a 5,700 square metre office building, with some 20 tenants, purchased for $52m AUD. The building originally built in 1922, has undertaken a number of additions and refurbishments over it almost […]
I. The main measures concerning individuals: Evolution of the income tax scale The 2020 Finance Law’s main objective is to lower income tax especially in regards to the middle class workforce. The rate of taxation for the first taxable bracket will indeed go from 14% to 11%. Withholding tax payments made from January 1, 2020 […]