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 […]
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 […]
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 […]
Alpadis Group acquires Louvre Fiduciary (HK) Limited in Hong Kong
Alpadis Group have purchased Louvre Fiduciary (HK) Limited in Hong Kong, with all operations, employees and customers integrating into Alpadis Group. This expansion will allow us to further increase our range of services. The integration of Louvre Fiduciary (HK) Limited employees and operations will be ably led by the Managing Directors of our Hong Kong […]
Hong Kong’s new licensing regime to raise industry credibility
Alpadis Group CEO Alain Esseiva explains how the new licensing regime will put quality Trust and Company Service Providers (TCSPs) on a par with major financial institutions. Alpadis Group CEO Alain Esseiva explains how the new licensing regime will put quality Trust and Company Service Providers (TCSPs) on a par with major financial institutions, and […]
Trusts in Hong Kong
A thorough modernization of the trust legislation has enabled Hong Kong to become one of the leading trust hubs in the world. To find out more about the benefits of setting a trust in Hong Kong, download here our factsheet. A thorough modernization of the trust legislation has enabled Hong Kong to become one of […]
Hong Kong will introduce a two-tier profits tax system
Under the new proposal, the first HK$2 million of profits earned by a company will be taxed at half the current tax rate. On 11 October 2017, Carrie Lam, the Chief Executive of Hong Kong, delivered her Policy Address at the Legislative Council. Among the tax measures announced was the introduction of a progressive profits […]
Hong Kong’s anti-money laundering moves will not work without due diligence from firms
Alain Esseiva says government proposals to introduce legislation to prevent illicit transactions are welcome, but proactive action and vigilance by financial services firms are the best safeguard. Alain Esseiva says government proposals to introduce legislation to prevent illicit transactions are welcome, but proactive action and vigilance by financial services firms are the best safeguard. More […]
In catch-up game, Hong Kong risks overstepping the mark
Hong Kong’s beneficial ownership regime needs to be tweaked with a scalpel, not a sledgehammer. More information can be found here.