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The Advantages Of A UK Subsidiary
The UK is one of the best places on Earth to have a business. This makes many overseas companies seek to enter the UK market.
Registration of Title to Land at Abuja Geographic Information System, Nigeria
The Federal Capital Territory (FCT) Abuja, Nigeria’s capital is gradually becoming a renowned city in Africa. In recent times, there has been an influx of people into the city and its real estate development and construction sectors are developing at a tremendous pace.
FREE VISA FOR LIFE WITH COMPANY SETUP STARTING AT AED 14,500
Looking to set up your UAE company? How about a visa for life? It might sound too good to be true, but it’s a reality. And the offer ends October 31st.
4 Red Flags You Should Watch Out for When Hiring a Web Design Team
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UK showcases green dozen at Global Investment Summit
The Government reveals the 12 businesses from across the UK who will showcase their green technology and innovations at the Global Investment Summit.
Foreign Exchange Settlement of Foreign Debt Funds
The Shanghai Branch of the State Administration of Foreign Exchange implemented rules for further promotion of foreign exchange administration reform in the China (Shanghai) Pilot Free Trade Zone (the “SHFTZ”) that took effect on 17 December 2015.
The rules state that enterprises (excluding financial institutions) in the SHFTZ are allowed to make foreign exchange settlement of their foreign debt funds, and the procedures for foreign exchange receipts and payments under current items shall be further simplified.
Trading of Recognised Hong Kong Funds by Individuals
The Ministry of Finance and two other departments jointly issued the Circular on Relevant Tax Policies for the Mutual Recognition of Funds between the Chinese mainland and Hong Kong (the “Circular”) for implementation with effect from 18 December 2015.
The Circular specifies that income from the price margin in trading of recognised Hong Kong fund units by mainland individual investors shall be temporarily exempt from individual income tax for three years from 18 December 2015 to 17 December 2018. It also states that individual income tax shall be withheld and paid by the mainland agents of such Hong Kong funds at a tax rate of 20% for proceeds obtained by individuals from the distribution of recognised Hong Kong funds.