MGI Worldwide’s Post

Jurisdictions in Asia, especially Hong Kong SAR, are emerging as global intellectual property (IP) hubs, driven by attractive tax incentives, strong IP protections, and top talent. In this article, our Alvarez & Marsal experts advise companies considering relocating their IP centers to carefully weigh the benefits against the complexities of cross-border tax implications. Advancing an effective IP strategy requires meticulous planning and a thorough understanding of both local and international tax laws. Read the full article here: https://lnkd.in/gAY7Cs_R Yvette Chan Ansel Yip Bo (Josephine) Zhang Molly Lo #IntellectualProperty #GlobalTax #HongKong

Today, SEAMLESS Legal has opened a new business season with its tax event in Moscow. Maria Kabanova, Counsel, international tax expert, made an overview of the latest tax changes and explain what businesses and various categories of taxpayer should prepare for. The topic also covered some important challenges faced by international groups with Russian participants such as transfer pricing compliance and currency control regulations. Traditionally, the presentation was followed by Q&A session and active discussion.   We were excited to see so many attendees from Russian and international companies. Thank you to all our guests for joining us!  #SeamlessLegal #InternationalTax

EY's latest China Tax and Investment Express, including: (1) Advance Tax Rulings in Beijing and Maoming. (2) Administrative Measures on beneficial ownership information. #internationaltax #China #EY

📊 Recent changes to Mexican tax regulations impose stricter documentation requirements for subsidiaries making payments to related foreign companies for administrative services. 💡 Francisco Bracamonte Prieto from Kreston BSG México provides essential insights on compliance, highlighting the need for detailed contracts and thorough supporting evidence. 🔹 Stay informed and ensure your deductions are protected by reading the full article here: https://buff.ly/3VwWyjC #TaxRegulations #Compliance #TaxLaw #MexicanTax #InternationalBusiness #Subsidiaries #TaxDeductions #AdministrativeServices #BusinessInsights #KnowingYou #KrestonGlobal

If you're considering setting up a business abroad, the foreign tax laws, regulations, and the logistics of setting it up can be pretty confusing! Check out our latest blog post to understand exactly what is required when registering an overseas entity 🔗 https://lnkd.in/eaAGaxP #abbeyaccountants #businessabroad #taxconsultantslondon

🇨🇳 🇮🇪 We’ll be holding a joint event with the Ireland China Business Association next week on Tax and Corporate Law Updates, and will have China based presenters live at Butler and White’s Tavern, while presenters from Ireland will be Zooming in to brief us on recent developments and policy changes in Ireland. Contact me for further information or scan below to register! 🇨🇳 🇮🇪 #taxation #corporatetax #taxlaw #chinatax #tax Cork Chamber Ireland for Finance Asia Matters Enterprise Ireland China

Struggling with EU trade regulations? Recent mandates in Romania are just the beginning. 🌍 Join our webinar with Simon Knivett from Consulting Services to stay compliant and avoid costly penalties. Register now! https://ow.ly/wpKb50SVOmt #GlobalTrade #Webinar #Tax #Compliance #CrossBorder #sovos

𝐓𝐡𝐞 𝟐𝟖𝐭𝐡 𝐕𝐢𝐫𝐭𝐮𝐚𝐥 𝐒𝐭𝐚𝐭𝐞 In Europe we have 2️⃣7️⃣ different #tax systems and 2️⃣7️⃣ trade legislations. This fragmentation is an obstacle to investment and to the full exploitation of the Single Market 🌐💰🤝❓️ Enrico Letta's proposal consists in building a 2️⃣8️⃣th European Virtual State with its own #trade law, and maybe tomorrow its own tax system, and to make this system applicable everywhere in Europe 🗺 By choosing the law of the 28th Virtual State, a company would avoid having to switch from one system to another when operating in different European countries. A single commercial law valid everywhere in the EU 🛒💶 👍🏻 This would be a huge step towards #simplification and #integration. 🖥 And it would be an option, not an imposition 👌➡️ Read Letta's full column published by Corriere della Sera 🖋📰🗞 https://lnkd.in/eJiXGZqC #SingleMarket Laura Sauro Virginia Volpi Laura Morano Andrea Gallo Francesco Di Prisco Delphine LEROY-DEJEAN Édouard Gomet Javier Espinoza

The real cost of ignoring tax advice can be substantial and far-reaching for businesses operating in Hong Kong. Beyond the immediate financial penalties and fines for non-compliance, companies risk damaging their reputation, facing increased scrutiny from tax authorities, and potentially missing out on valuable tax-saving opportunities. Moreover, as Hong Kong's tax landscape becomes increasingly complex with new regulations like the Foreign Sourced Income Exemption (FSIE) regime and transfer pricing rules, the consequences of misunderstanding or misapplying tax laws can lead to long-term financial and legal repercussions that far outweigh the cost of professional tax guidance. Looking for Hong Kong tax guidance? Schedule a free consultation at info@athenasia.com #HongKongBusiness #TaxPlanningHK #StartupHK #OffshoreStrategy #InternationalTax

KPMG was pleased to participate in the ACCA Tax Interest Group 2024 1st Quarterly Meeting. Organised by ACCA Hong Kong , the meeting gathered tax professionals to discuss the latest developments in China and Hong Kong tax. Our partner Stanley Ho shared updates on key Hong Kong tax issues at the event. Attendees also learned from other expert speakers on important China and Hong Kong tax compliance matters and planning opportunities. It was a productive session to exchange insights and stay ahead of changing regulations. #TaxRegulation #HongKongTax #ChinaTax