Beeshma Advisory PVT. LTD

10/03/2024

The atmosphere is something you can only feel in person and will be in awe for it.

26/02/2024

MCCIA Pume International Business Summit 2024

25/02/2024

21/02/2024

Quick coffee break after a hectic day of back to back meetings!

11/02/2024

Singapore withholding Taxes!

09/02/2024

Good to visit UAQ FTZ after a long time!

27/01/2024

Mexico has emerged as the new hotspot for customer experience management (CXM) that enhances customer engagement across multiple touchpoints. TCS and Infosys have had a presence in Mexico for over a decade now. Recently, LTIMindtree opened a 100-seater facility in Mexico City. HCLTech, which set up operations in Mexico 14 years back, expanded its footprint in Guadalajara two years back. The company is hiring 1,300 people in the next two years to strengthen its current employee base of 2,400 people in the country. GlobalLogic, a Hitachi Group company, opened a new engineering and a sales centre in Mexico. The centres are located at Guadalajara and Mexico City.

India Business News: Discover how Mexico is becoming the preferred destination for Indian IT companies, offering geographical proximity, cultural compatibility, and a skilled workforce. Learn about the expansion plans of TCS, Infosys, LTIMindtree, HCLTech, and GlobalLogic in Mexico.

22/01/2024

5 Reasons to get the Tax Residence Certificate in Singapore

Proof of Tax Residency: A Tax Residence Certificate in Singapore serves as official documentation proving that an individual or company is a tax resident in the country. This is crucial for establishing your tax status with local and international authorities.

Avoidance of Double Taxation: Holding a Tax Residence Certificate can help in avoiding double taxation on income. Singapore has an extensive network of Double Taxation Agreements (DTAs) with various countries, and the certificate can be used to claim benefits under these agreements.

Business Transactions: For businesses, having a Tax Residence Certificate can facilitate smoother cross-border business transactions. It provides evidence to foreign business partners and tax authorities that your company is considered a tax resident in Singapore.

Access to Tax Treaties: Singapore has a network of tax treaties with many countries to promote international trade and investment. The Tax Residence Certificate is often required to access the benefits outlined in these treaties, such as reduced withholding tax rates on certain types of income.

Banking and Financial Purposes: Some financial institutions may require a Tax Residence Certificate when opening accounts or engaging in financial transactions. It serves as a formal document indicating your tax residency status and is useful in various financial dealings.

It's important to note that specific requirements and benefits may vary based on individual circumstances, so consulting with a tax advisor is advisable to ensure accurate and up-to-date information for your situation

Please reach out to us for further assistance [email protected]
Sathya Prakash Shaswat Misra

20/01/2024

5 Reasons to Set up a Delaware Corporation!

Tax Advantages: Delaware offers favorable tax conditions for corporations, including no sales tax and no corporate income tax on out-of-state transactions. This can result in potential cost savings for your business.

Flexible Corporate Laws: Delaware's corporate laws are well-established and business-friendly. The state provides a flexible and predictable legal framework, which is conducive to attracting investors and conducting business efficiently.

Court of Chancery: Delaware has a specialized business court, the Court of Chancery, known for its expertise in corporate matters. This can provide a quicker resolution to corporate disputes, fostering a business-friendly environment.

Privacy Protections: Delaware offers privacy protections for officers and directors of corporations. It allows the use of nominee officers and directors, providing an additional layer of privacy for those involved in running the company.

Established Corporate Precedents: Many investors and businesses prefer Delaware corporations due to the established legal precedents and well-developed case law. This can contribute to a more stable and predictable legal environment for your company.

It's crucial to consult with legal and financial professionals to ensure that setting up a Delaware corporation aligns with your specific business goals and circumstances.

Please do reach out in case you need further assistance.

[email protected]

Shaswat Misra Sathya Prakash

20/01/2024

5 Advantages of Company Registration in USA by Foreigners!

Limited Liability: Forming a corporation in the USA provides limited liability protection to its owners (shareholders). This means that the personal assets of shareholders are generally protected from the company's debts and liabilities.

Access to Capital: Corporations have various avenues to raise capital, such as issuing stocks and bonds. This can make it easier for the company to attract investors and secure funding for business expansion or other financial needs.

Tax Advantages: While tax laws can be complex and subject to change, corporations often enjoy certain tax advantages, such as the ability to deduct business expenses. Additionally, corporations may have more flexibility in structuring compensation and benefits for owners.

Perpetual Existence: Unlike sole proprietorships or partnerships, a corporation's existence is not tied to the life of its owners. A corporation has perpetual existence, making it easier to transfer ownership, raise capital, and maintain continuity even if shareholders change.

Credibility and Prestige: Operating as a corporation can enhance the credibility and prestige of a business. Many investors, partners, and customers view corporations as more established and reliable entities, which can contribute to building trust and attracting opportunities.

It's important to consult with legal and financial professionals to understand the specific implications and requirements for your unique situation.

Please reach out to us [email protected]

Shaswat Misra Sathya Prakash