As its presence in Asia grows, The Walt Disney Company plans an RTC for the region. It has decided on a location and is already seeking senior staff for the new venture.
Multinational corporations based in Singapore are now officially bound by Beps, but careful planning will eliminate many a pitfall, advises one tax expert.
Singapore might have the pedigree and Hong Kong the proximity to China, but fast-emerging corporate hubs in Southeast Asia are snapping at their heels.
Last May, Hong Kong passed significant tax savings to lure corporates to set up their treasury hubs in the city. All eyes are now on corporate tax filings due in August.