Alpadis Group are open for business in Kuala Lumpur
Based in the heart of Kuala Lumpur, the team of highly experienced experts will provide corporate services to local and international companies looking to enter Malaysia and expand their operations Recently crowned as the best country in the world to invest in or do business for 2019, Malaysia is an attractive place to set up a company. Despite trade tensions between China and the USA Malaysia’s economy is forecast to expand 4.3-4.8% in 2019 thanks in no small part to a diversified and developed economy. A mainstay of the economy is manufacturing, Malaysia is the seventh largest electrical and electronics (E&E) exporter in the world today, for example, contributing 38% […]
Wealth planning – start the conversation now
Global growth over the past few decades has generated a record amount of wealth in many parts of the world. Global growth over the past few decades has generated a record amount of wealth in many parts of the world. Asia is home to 48,245 ultra-high net worth individuals (as of 2018), according to Knight Frank. Europe is home to approx. 70, 627 UHNWIs and is expected to see the number of billionaires increase by 18% by 2023 Yet whether in Asia or Europe, there are lots of challenges that wealthy families face when looking to maintain and grow their wealth, including global economic uncertainty and other risks. These risks […]
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 […]
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)
15 questions with Ken Vui Chau, CFO of Alpadis Group
Ken is Alpadis Group’s CFO, based in Labuan, Malaysia. Below he shares his thoughts on super heroes, his maths teacher and why we should look forward to the future: 1. In a short paragraph, please describe what you do at Alpadis Group. I am the CFO, in charge of the financial matters of Alpadis Group 2. Briefly describe a typical working day. Lots of discussion and interaction with colleagues, problem solving and decision-making actions throughout the day 3. What is your favourite thing about your career? Building a business 4. Do you have any productivity tips at work? Solve the easy ones first and focus on the difficult ones so […]
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 […]
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