Extended tax deadlines
With consideration of COVID-19 impact on business operation in Hong Kong, the Hong Kong Inland Revenue Department (“IRD”) announced on 4 April 2020 that deadlines for the following tax matters [...]
Year of assessment 2019/20 tax filings time table
In view of pandemic of coronavirus, the operation and public services of the Hong Kong Inland Revenue Department (“IRD”) are greatly affected.
Cayman Islands – EU List of Non-Cooperative Tax Jurisdiction
Effective on 18 February 2020, Cayman Islands has been moved to Annex 1 of the EU’s list of non-cooperative jurisdictions for tax purpose (“Annex 1”) due to not having appropriate measures in [...]
BVI Version 2 of Rules on Economic Substance
On 10 February 2020, BVI ITA published version 2 of Rules on Economic Substance.
Seychelles – Revision of Fees under IBC Acts
Starting on 1 April 2020 the Seychelles Financial Services Authorities will increase the incorporation and renewal fees in relation to Seychelles incorporated International Business Companies.