財産管理
Wealth planning is a lifelong roadmap designed to structure, protect and preserve your assets so that you may pass them on to the next generation. To find out more, please download our factsheet here.
The China-US trade war and Southeast Asia
The renewed trade tensions between the US and China will bring about some near-term volatility, but could benefit the Southeast Asian region Since his inauguration in 2016 the Trump administration has ratcheted up tariffs on Chinese goods which have been reciprocated from Beijing. The latest tariffs included 25% on US$200 billion (RM832 billion) worth of Chinese goods, taking effect earlier this month. While this trade war is between the two world superpowers, it will inevitably have spill over effects into Southeast Asia. On a macro level, any disruption in global trade is not a good thing and will no doubt harm some of the region’s more export-orientated economies, especially those […]
Three taxes, three jurisdictions
When it comes to corporate tax rates, Asia varies widely with some countries operating very complex tax regimes, others preferring to keep things simple and low The Philippines tax rate stands at 30% yet there are numerous schemes and exemptions available for companies. Malaysia’s tax rate is now at 24% with an effective tax rate even lower and Indonesia reduced its tax rate from 28% to 25%. Among the region a few jurisdictions stand out for their low and simple tax rates: Hong Kong Hong Kong is one of the leading business and finance centres in Asia with many firms attracted to the city due to its location near China […]
Asia’s $22 Trillion problem
Asia will see the fastest billionaire population growth in the world over the next few years, this will create its own set of problems A recent report released by Knight Frank LLP showed that the number of billionaires in Asia will rise by 27% between 2018-2023 to 1,003, making up a third of the world’s billionaire population. We will also see a significant increase in the number of Ultra-High Net Worth Individuals (UHNWIs). This is obviously good news and shows that despite slowdowns elsewhere in the world and continued global uncertainty, there is still growth and prosperity to be had in Asia. However, this new cohort of billionaires and UHNWIs […]
Interview in The Edge Malaysia: How to not lose it all
Asia is said to be the world’s fastest growing region when it comes to the wealthy, but this will be meaningless if they do not start planning to preserve their wealth effectively, says Alain Esseiva, Alpadis Group CEO in an interview with The Edge Malaysia More information can be found here.
Alpadis Group Launches New Office In Zurich And Expands Core Services
Alpadis Group announces the launch of its new Zurich office. The new office will be focused on wealth planning and family office services, providing Alpadis Group with additional capabilities to complement their existing corporate and tax services office in Nyon. For more information please view the Press Release here (German version available Here)
Starting up in Asia: speed, expansion and regulations
In today’s globalised world, market access is more important than revenue and profit – at least in the early stages of a company’s journey. For entrepreneurs with innovative and unique ideas, the key is to get those ideas to as many markets as possible, as fast as possible. One only needs to look at the lightening-fast expansion of Uber and GRAB to know that once a company is entrenched within a market and has that ‘critical mass’ of users, then it is deemed a success. Expansion strategy is key to getting funding and success. Where many start-ups come undone though, especially in Asia, is in the implementation of their expansion […]
Labuan Budget 2019 – key changes in the tax landscape
Singapore and Hong Kong were not the only financial centres that announced their annual budgets recently. The Labuan Budget 2019 announcement, which came late last year, saw a number of changes to the Labuan tax regime (LBATA), which are in line with Malaysia’s desire to comply with prevailing international standards and to reduce Labuan’s use as a tax evasion destination. One change is the abolishment of the option to pay tax at a flat rate. The option of paying a flat rate of MYRM 20,000 per year was abolished and will no longer be available for the Year of Assessment 2019 (payable in 2020). Previously, Labuan entities with a “Trading […]
Understanding ‘substance’ and what it means for your company
Whether you are a multinational company with many offices dotted around Asia, or a smaller structure, the term ‘substance’ could be a lot more important than you think. While Substance is a well-known tax concept, it is rarely if ever included in international agreements and treaties. However, since the Organisation for Economic Co-operation and Development’s (OECD) recommendations to the G20 on Base Erosion and Profit Shifting (BEPS), the importance of substance has increased. Simply put, substance is the extent to which a company or organisation has operational and economic activity in a country. For example, if the company has an office, transactions, employees and other infrastructure then it is deemed […]
Alpadis Group acquires KPMG’s Labuan Trust Company business
This asset purchase will allow Alpadis Group to cement its position as one of the leading service providers in Labuan, able to offer a high level of service and ensure regulatory compliance for its clients in this jurisdiction. This asset purchase will allow Alpadis Group to cement its position as one of the leading service providers in Labuan, able to offer a high level of service and ensure regulatory compliance for its clients in this jurisdiction. Download here our press release