Continuous non-compliance of the OECD’s Economic Substance requirements by companies located in British Virgin Islands (BVI) or Cayman Islands may eventually subject such companies to be compulsorily STRIKE-OFF. By re-domiciling to Labuan, such companies may maintain the status quo of your BVI or Cayman Islands company.
On 6 April 2020, our Prime Minister has announced a supplementary stimulus package valued at RM10 billion which is specially targeted to support small and medium enterprises (SMEs). SMEs are a key driver of the country's economy which contribute to more than two thirds of total employment in the country and almost 40 percent to the economy.
This Alert presents the Frequently Asked Questions (FAQ) about the enhanced Wage Subsidy Programme (WSP) which was announced on 6 April 2020 and replaces the previous programme announced on 27 March 2020.
ShineWing provides M&A advisory services for international clients in domestic and cross-border transactions. We offer comprehensive one-stop service at every stage of the transaction, tailored to the specific needs of diﬀerent types of clients.
The standards have been raised to make the sustainability reporting mandatory for all companies listed on Main Market and Ace Market to report their environmental, social and governance (“ESG”) practices from the financial years ending 31 December 2017 and 31 December 2018, respectively.
You might have more important business strategies to execute - "bigger fish", by outsourcing business processes, it can help to redeploy your valuable resources towards "bigger" fish" to achieve your strategic goals and objectives.