JR & Firm

JR & Firm Corporate Consultancy

Singapore's new carried interest tax exemption just raised the stakes for Hong Kong's own bill — currently before lawmak...
09/03/2026

Singapore's new carried interest tax exemption just raised the stakes for Hong Kong's own bill — currently before lawmakers and expected to reach a vote before the end of 2026.

The debate inside Hong Kong's fund industry isn't just about whether to pass it. It's about whether the scope is wide enough to matter. A narrow exemption can distort structuring decisions as much as no exemption at all.

For PE and hedge fund managers choosing between the two hubs, the shape of this legislation — not just the headline — is what counts. Our team helps fund managers model the structure before the vote, not scramble after it.

For company formation, onshore and offshore banking, licensing, corporate structuring, work and residence permits in China, Hong Kong, Singapore and other jurisdictions, contact JR & Firm at [email protected], book a consultation at www.jrandfirm.com/appointments, visit www.jrandfirm.com, or WhatsApp us at +86 130 4068 8804.

Dubai Municipality has restructured 20 services and permits — affecting businesses and residents across the emirate.For ...
09/02/2026

Dubai Municipality has restructured 20 services and permits — affecting businesses and residents across the emirate.

For companies with municipal approvals in Dubai, this is the moment to check: does your permit portfolio still map correctly to the new service framework? Restructuring often means new portals, updated documentation requirements, or reclassified service categories.

A proactive review before your next renewal is far cheaper than a rejection after it.

For company formation, onshore and offshore banking, licensing, corporate structuring, work and residence permits in China, Hong Kong, Singapore and other jurisdictions, contact JR & Firm at [email protected], book a consultation at www.jrandfirm.com/appointments, visit www.jrandfirm.com, or WhatsApp us at +86 130 4068 8804.

70 of the Global Fortune 500 have their regional HQ in Hong Kong. There is a reason for that — and it is not just presti...
09/02/2026

70 of the Global Fortune 500 have their regional HQ in Hong Kong. There is a reason for that — and it is not just prestige.

Hong Kong sits at a genuinely rare intersection: common law jurisdiction, free capital movement, and direct access to the mainland Chinese market through CEPA. For a startup or growing business, that means one entity can hold IP, raise international capital, and still qualify for preferential market access into China.

At the Global Unicorn Summit this week, Hong Kong's Chief Executive described the city as a 'golden gateway' — for overseas companies entering the mainland, and for mainland unicorns going global. The structure supports both directions.

If you are weighing where to base your regional holding company, the entity type and ownership structure matter far more than the incorporation fee. That is where we start every conversation.

For company formation, onshore and offshore banking, licensing, corporate structuring, work and residence permits in China, Hong Kong, Singapore and other jurisdictions, contact JR & Firm at [email protected], book a consultation at www.jrandfirm.com/appointments, visit www.jrandfirm.com, or WhatsApp us at +86 130 4068 8804.

Intra-group guarantee fees: the Dutch tax authorities just published their most detailed guidance yet.The CGVP memorandu...
09/02/2026

Intra-group guarantee fees: the Dutch tax authorities just published their most detailed guidance yet.

The CGVP memorandum (released May 2025) sharpens the line between implicit group support — which cannot be charged — and an explicit guarantee, which must be priced at arm's length.

Get that distinction wrong and you face either an underpayment or a recharacterisation challenge. Both create audit exposure.

If your structure runs through a Dutch holding entity, this guidance is worth a close read.

For company formation, onshore and offshore banking, licensing, corporate structuring, work and residence permits in China, Hong Kong, Singapore and other jurisdictions, contact JR & Firm at [email protected], book a consultation at www.jrandfirm.com/appointments, visit www.jrandfirm.com, or WhatsApp us at +86 130 4068 8804.

The 2010 OECD Transfer Pricing Guidelines — published 22 July 2010 — were the first major revision to the framework sinc...
09/01/2026

The 2010 OECD Transfer Pricing Guidelines — published 22 July 2010 — were the first major revision to the framework since 1995. Two changes still shape cross-border tax audits today: profit-based methods were elevated to primary tools, and a new Chapter IX established how business restructurings must be priced between related parties. If your group has shifted functions, risks, or IP across borders, that chapter is where tax authorities start their analysis.

For company formation, onshore and offshore banking, licensing, corporate structuring, work and residence permits in China, Hong Kong, Singapore and other jurisdictions, contact JR & Firm at [email protected], book a consultation at www.jrandfirm.com/appointments, visit www.jrandfirm.com, or WhatsApp us at +86 130 4068 8804.

Misconception: in a Chinese tax investigation, authorities can demand any information they want.Reality: Chinese tax law...
09/01/2026

Misconception: in a Chinese tax investigation, authorities can demand any information they want.

Reality: Chinese tax law explicitly protects three categories from mandatory reporting — state secrets, commercial secrets, and personal privacy.

Knowing where the boundary sits is half the compliance job. The other half is having a process ready before the request arrives.

Our tax team helps businesses operating in China map exactly what must be disclosed, what is protected, and how to respond correctly when the authority comes calling.

For company formation, onshore and offshore banking, licensing, corporate structuring, work and residence permits in China, Hong Kong, Singapore and other jurisdictions, contact JR & Firm at [email protected], book a consultation at www.jrandfirm.com/appointments, visit www.jrandfirm.com, or WhatsApp us at +86 130 4068 8804.

Hong Kong's banks just raised their accessibility standards — again.The Hong Kong Association of Banks has released the ...
09/01/2026

Hong Kong's banks just raised their accessibility standards — again.

The Hong Kong Association of Banks has released the Second Edition of its Practical Guideline on Barrier-free Banking Services, covering branches, digital platforms, phone banking, and document design.

For businesses banking in HK: this shapes how your onboarding works, what formats are accepted, and how complaints are handled. For fintech and licensed operators: accessibility is now a supervisory expectation, not an afterthought.

Know the framework. It gives you leverage.

For company formation, onshore and offshore banking, licensing, corporate structuring, work and residence permits in China, Hong Kong, Singapore and other jurisdictions, contact JR & Firm at [email protected], book a consultation at www.jrandfirm.com/appointments, visit www.jrandfirm.com, or WhatsApp us at +86 130 4068 8804.

Is your UAE entity structure ready for blockchain-based payments — or still built for a world that no longer exists?DMCC...
08/31/2026

Is your UAE entity structure ready for blockchain-based payments — or still built for a world that no longer exists?

DMCC and Tether have signed an MoU to develop blockchain payment infrastructure, tokenisation frameworks, and digital asset settlements across DMCC's ecosystem of 26,000+ member companies.

For businesses entering Dubai, this is not just a tech story. It is a signal about where corporate banking and cross-border payments are heading in one of the world's fastest-moving free zone environments.

We help clients form UAE entities and set up banking that fits the actual commercial environment — not just the one from three years ago. Explore options at jrandfirm.com.

For company formation, onshore and offshore banking, licensing, corporate structuring, work and residence permits in China, Hong Kong, Singapore and other jurisdictions, contact JR & Firm at [email protected], book a consultation at www.jrandfirm.com/appointments, visit www.jrandfirm.com, or WhatsApp us at +86 130 4068 8804.

Foreign R&D doesn't replace domestic innovation — it funds it. But US tax rules treat the two as competitors.Under Secti...
08/31/2026

Foreign R&D doesn't replace domestic innovation — it funds it. But US tax rules treat the two as competitors.

Under Section 174, foreign R&D must be amortized over 15 years vs. 5 for domestic. The result: US multinationals pay a structural premium on global research that feeds directly into American production and M&A competitiveness.

If your R&D spans borders, your entity structure and IP holding arrangements now carry real tax consequences. We help companies get the structure right.

For company formation, onshore and offshore banking, licensing, corporate structuring, work and residence permits in China, Hong Kong, Singapore and other jurisdictions, contact JR & Firm at [email protected], book a consultation at www.jrandfirm.com/appointments, visit www.jrandfirm.com, or WhatsApp us at +86 130 4068 8804.

A client setting up in China asked us: if we overpay tax in RMB, do we get RMB back — or can we request USD?The answer f...
08/31/2026

A client setting up in China asked us: if we overpay tax in RMB, do we get RMB back — or can we request USD?

The answer from China's State Taxation Administration is clear: refunds are issued in RMB, regardless of how the original payment was funded.

For foreign-invested companies, that means a tax refund and an offshore remittance are two separate processes. The RMB arrives first; converting and transferring it abroad requires a second round of bank documentation and SAFE compliance.

Knowing this in advance shapes how you structure your China treasury — and avoids surprises when the refund finally clears.

For company formation, onshore and offshore banking, licensing, corporate structuring, work and residence permits in China, Hong Kong, Singapore and other jurisdictions, contact JR & Firm at [email protected], book a consultation at www.jrandfirm.com/appointments, visit www.jrandfirm.com, or WhatsApp us at +86 130 4068 8804.

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