VCCs can claim exemptions from tax on all income other than interest income from savings or fixed deposits and profits from Shariah-based deposits - for a period of up to five years.
July 4, 2022Companies will be able to maintain a reduced corporate tax rate for three years after listing. The CSE's listing framework was also revamped earlier this year.
November 28, 2021The IFSCA also received approval for a new headquarters building. GIFT City's new gold bullion exchange is expected to launch in January.
November 25, 2021The government has dropped the ball when it comes to supporting the Australian fintech ecosystem, says Dirk Steller, founder of VC firm Seed Space.
August 3, 2021The accumulation of excessive debt may pose a risk to the economic recovery, the FSC said, pledging to introduce measures to rein in household and corporate debt.
February 1, 2021To encourage more active participation in the market, efforts can be made to implement tax incentives and subsidies to address the high costs of certification.
November 27, 2020Prime Minister Yoshihide Suga reportedly plans to quickly address issues concerning taxation, residency requirements and language support to attract foreign talent.
October 13, 2020The government will act as a subordinate investor, meaning that it (namely, taxpayers) will absorb up to 10 percent of any possible losses first.
September 7, 2020The new mutual fund scheme was initiated by the Finance Ministry, offering tax incentives to encourage investors to save and invest.
March 5, 2020The new rules remove stringent tax and minimum public ownership requirements under a 2009 law that prevented the rise of REITs in the Philippine capital market.
January 21, 2020