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| Dear Friends of Zetland, |
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| We are now into the last quarter of 2018. We continue to be busy at Zetland and there are some recent staff changes – with more to come before year-end. |
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We welcome Samantha Chia to head up Zetland’s Singapore office from Su Lee Chan who has moved on after over ten years of excellent service. Samantha is a highly experienced Chartered Secretary and is fluent in English, Mandarin, Cantonese and Malay. Samantha will be contacting clients who use our Singapore office in due course. Samantha’s role will be primarily business development in addition to running the office.
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| This month’s newsletter includes an article written by Matthew Lloyd of Professional Wills Limited – a well established Hong Kong company specialising in will writing and a trusted partner of Zetland. Matthew points out the importance of having wills in each jurisdiction in which an individual holds assets and also the need to carefully plan and keep wills current in the light of changing circumstances. Zetland Trust Limited – our Hong Kong licensed trust company offers estate and succession planning solutions for clients. Please contact us for more information.
| Yours sincerely,
James C Sutherland
Chairman
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| One Will or More? |
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Professional Wills Ltd and their team of 4 qualified Will writers specialize in multi-jurisdictional Wills and have been writing Wills in Hong Kong and around the region for the last 12 years.
This introductory article provides an insight into some of the many issues encountered with Wills and estate planning for international workers.
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| Zetland Joins the Belt and Road Service System |
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On September 15th, Phoebe Luo, the general manager of Zetland China, attended the “Belt and Road” investment trade risk prevention and dispute mediation theme forum held at the National Convention Center.
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| China Amends the Individual Income Tax Law |
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On 31th August 2018, the Fifth Session of the Standing Committee of the National People's Congress voted on the decision to amend the Individual Income Tax Law, the seventh major overhaul since the introduction of the China Personal Income Tax Law in 1980.
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| Singapore : Legislative Changes Relating to Annual General Meetings and Annual Returns |
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As part of on-going efforts to keep Singapore business friendly and competitive, legislative changes relating to Annual General Meetings (AGM) and Annual Returns (AR) timelines that will reduce the regulatory burden of companies have been implemented with effect from 31 Aug 2018.
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| Belize - Establishing Your Foundation |
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Zetland is able to assist with the establishment of foundations in Belize, whether it is for protection of personal wealth from financial and political instability of your local jurisdiction, tax planning for inheritance assets or estate management.
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