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SGL was a key sponsor of the survey conducted by Massey University on behalf of the Franchise Association of New Zealand. The results of the survey provide valuable insights on the size, impact, structure, strategies, challenges and opportunities of franchising companies in New Zealand. On 7 December 2021 the results of the Survey were released and some of the highlights are as follows: There are...

Cybersecurity providers and vendors in Singapore now need to adhere to a new licensing framework, per regulations that recently went into effect. The Cybersecurity Authority (CSA) of Singapore launched the new licensing framework on April 11, 2022, under the country’s Cybersecurity Act. Businesses have six months to apply for the new cybersecurity license as Singapore transitions to the new framew...

We, at Fred-Young & Evans LP are glad to announce that Emmanuel Ekpenyong Esq. FCIArb., our Managing Partner has been listed as the 10 Most Influential Entrepreneurs to Follow in 2022 by the Business Fame Magazine. (Emmanuel Ekpenyong- An Expert in International Trade Advisory - The Business Fame. This is a great milestone in the history of our firm.

By Rossana Chu, Jacky Chan: The Government passed the Employment and Retirement Schemes Legislation (Offsetting Arrangement) (Amendment) Bill 2022 on 9 June 2022 to abolish the use of the accrued benefits of employers' mandatory contributions under the Mandatory Provident Fund (“MPF”) System to offset severance payment (“SP”) and long service payment (“LSP”). While this development is welcome ...

Silence may be deemed consent Article 135 of the Civil Code (Law No. 5/1985) states that (i) no statement may be attributed to a silent person. However, circumstantial silence shall constitute acceptance. And (ii) silence shall amount to acceptance namely in case of previous dealings between the contracting parties that are met by the offer made or where the offer is made to the benefit or the off...

Facts The taxpayer submitted tax returns for the prescribed tax periods as of January 2018, and these returns included supplies related to real estate owned individually to the taxpayer, as well as real estate owned in partnership with another person. The taxpayer’s partner was not added to the tax registration from the beginning due to the absence of his name as an owner in all real estate. The t...

ALERT to non-USA lawyers whose clients intend to do business in the USA or hold bank accounts there: The U.S. Corporate Transparency Act (CTA) will require clients wanting to form new business entities to divulge background information such as governmental identification documents and photographs, home addresses, etc. ("Profile") in order form new business entities. Once implemented, it ...

In international transactions, hidden risks tend to be higher and more versatile than that in domestic transactions, which can be costly if not managed properly. This is especially the case for small and medium sized enterprises (SMEs) with less resources to mitigate risks. In this article, we introduce some typical hidden risks that companies should pay attention to in various market entry modes ...