Reading Time: 6 minutesAround the world there have been numerous cases of cross border email scams where individuals or companies received scammed or spoofed emails that pretend to be from C-suite or senior staff of the company or business partners to wire transfer funds to bank accounts in Asia, a lot of times coming to or going through […]
Reading Time: 3 minutesWe were warned. The Fair Work Ombudsman (FWO) has had professional advisors in its sights for a while now and it appears that in the decision of FWO v Blue Impression Pty Ltd & Ors [2017] FCCA 810, the FWO has got its first scalp, or has it? Is it as frightening to professional advisors as it […]
Reading Time: 8 minutesIntroduction – A lesson to be shared The departure of an employee is a common occurrence and there are many reasons why one would choose to leave his work. Whatever the reason may be, it is not uncommon for an employer to receive requests from prospective employers for references of the departing/departed employee. An employee […]
Reading Time: 7 minutesPrivate limited companies are by far the most popular business structure. According to the Department of Statistics, out of the 26,555 business entities formed in 2018, almost 70% were companies. Why is this business structure so popular, and how does one incorporate a private limited company? This guide will address the advantages of a private limited […]
Reading Time: 4 minutesInstruction 11946 issued by the General Department of Taxation (“GDT”) on the 21st of August 2018 (“Instruction 11946”) provides an important clarification regarding the determination of interest rates between related parties. Since the introduction of Circular 151 in early 2014 Cambodian taxpayers were historically able to receive and extend interest free loans to domestic as […]
Reading Time: 5 minutesIt’s incredibly exciting when you start your own business. You’ve finally done it, made that break away, and all you see are the positives and none of the negatives that lie ahead of you. That’s great. It’s important to be positive. But it’s also important to be realistic. All too often, we see business owners […]
Reading Time: 6 minutesLosing a loved one is never easy, and the sheer volume of legal documents a next-of-kin has to deal with may seem overwhelming. In these cases, a difficult but inevitable situation that arises when dealing with the passing of a loved one is: how does one go about managing the deceased’s assets? Where the deceased […]
Reading Time: 8 minutesChoosing a business structure that suits your enterprise is one of the most important decisions you will make in starting a business. The type of structures that business owners choose are varied. In Singapore, companies are the most popular form of business structure. In 2017, there were approximately 310,000 active foreign and local companies in […]
Reading Time: 5 minutesIntroduction As set out in our October 2017 Newsletter, the Competition Commission (the “Commission”) had commenced proceedings in the Competition Tribunal (the “Tribunal”) against five Respondents, all of which are information technology companies. Last month, the Tribunal handed down its judgment on the 3rdRespondent’s application for orders of discovery against the Commission under CTEA 1/2017(the “Application”). […]
Reading Time: 3 minutesIt is such an exciting experience to start your own business. It is a huge step and there is so much involved. It is common to be completely focused on implementing your ideas to start making money. But there are also legal matters to consider. Here are our top tips to help you on your […]
Reading Time: 12 minutesIntroduction Back in February 2018, The Stock Exchange of Hong Kong Limited (the “Exchange”) issued a consultation paper titled “A Listing Regime for Companies from Emerging and Innovative Sectors” (the “Consultation Paper”) to set out proposals to expand the existing listing regime to facilitate the listing of companies from emerging and innovative sectors, subject to […]
Reading Time: 4 minutesWhile the Competition Commission (the “Commission”) has been active in prosecuting anti-competitive conducts in the provision of goods and services markets as evidenced by the upcoming trials of the first two cases later this year, the city watchdog reveals that since the commencement of the operation of the Competition Ordinance (Cap. 619) in December 2015, […]
