• Hong Kong Proposes to Halve Import/Export Transaction Costs
  With an aim to boost external trade by reducing transaction costs, Hong Kong proposes to reduce its import and export declaration charges (TDEC) by half. May 08 2012.
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• Hong Kong’s Reduction in Profit Tax – What You must Know
  Hong Kong has proposed 75% reduction in Profits tax, waiver of business registration fee and reduction in salaries tax in its recently released annual budget said Nair & Co., which provides international tax consulting for companies expanding overseas.
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• How Does Singapore Budget 2013 Affect Enterprises
  In its 2013 budget, Singapore has announced a 30 % corporate tax rebate, a Wage Credit Scheme, and an innovation credit among other measures to encourage enterprise growth and help employers with rising labor costs. Here’s a look at the key highlights of the budget for the enterprises in Singapore.
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• IFRS Vs GAAP
  IFRS Vs GAAP – know more with Nair & Co. We offer an integrated one point of contact solution to better protect you & your company & takes full care of your international operations.
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• IFRS- the universal language of accounting
  In the U.S., the SEC is deliberating on either giving U.S. companies the option of switching from the U.S. GAAP to IFRS or to mandate the conversion as it prepares to release its road map for convergence between the two. Nair & Co. generally maintains accounting books to the parent company’s chart of accounts. In additionNair & Co. maintains a parallel set of accounting books in local GAAP.
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• Impact of Singapore Budget 2013 on Individuals
  Singapore in its 2013 budget reinforces the government’s commitment to carry on with its drive to develop Singapore’s output and maintain strong growth over the long term. Here is a quick glance at the highlights of the Singapore Budget 2013.
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• Income Tax Hike for Dormant Companies in Italy
  Dormant companies in Italy will be paying a higher corporate tax rate in 2012 as per the new Italian tax law. Companies that can be considered ‘dormant’ will have to pay 38% corporate income tax (IRES) tax rate next year compared to the current rate of 27.5%.
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• Income Tax Preparation Denver – What Raises a Red Flag in IRS Audits?
  Keep the process easy and hire us at Fast Action Taxes, the Denver Tax Accounting Firm. We can help you file on time and make sure it is done correctly. We have vast experience and make sure that any potential red flags are avoided.
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• India Business Guide
  India Business Guide - Nair & Co. helps organization set up and operate in India with legal entity set up support that includes managing the complete legal entity documentation and registration process. We advise companies on India employment laws, help manage payroll, corporate taxes, VAT/Indirect Tax and day-to-day accounting issues.
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• India Extends Due Date for Filing E-forms 23AC (Non-XBRL) and 23ACA (Non-XBRL)
  India has extended the due date for filing of e-form 23AC (Non-XBRL) and 23ACA (Non XBRL) with the issuance of General Circular No.38/2012 dated November 23, 2012.
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• India Passes Finance Bill for 2013-14: Updates from International Tax Consulting Team
  The Indian parliament cleared the Finance Bill on April 30, 2013. It has issued a clarification regarding Tax Residency Certificates (TRC) issued by a foreign government.
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• India Releases Final Version of MCA XBRL Validation Tool
  Indian Ministry of Corporate Affairs has released the final version of MCA XBRL Validation Tool. Effective since October 14th, 2012, XBRL filings of financial statements have been enabled on Ministry of Corporate Affairs website for accounting years beginning on or after April 1st, 2011.
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• India Tax Update: Taxpayers Paying Service Tax beyond Rs. 25 Lakh must File Monthly Returns
  Taxpayers paying service tax of more than INR 25 lakh will now be required to file returns on a monthly basis, instead of twice in a year. The new regulation will not only facilitate better audit but also furnish the government with monthly data on service tax collections.
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• Indian Ministry of Finance Proposes Amendment to Budget 2012-13
  Nair & Co has come up with new Press release , highlighting proposed amendment to the Union Budget of 2012-13 by Indian Ministry of Finance . Read the complete Press release to know more about the proposed revisions.
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• International Accounting And Tax Services
  Nair & Co. provides international accounting services to companies & maintains accounting books of the parent company & a parallel set of accounting books in local GAAP where this is a regulatory requirement.
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• International Accounting Services
  Whether you are following IFRS or GAAP international accounting, Nair & Co generally maintains accounting books to the parent company’s chart of accounts. In certain countries where this is a regulatory requirement, we maintain a parallel set of accounting books in local GAAP.
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• International Business Guide to help you better manage your foreign operations
  The international Business Guide is your first stop to getting timely & accurate Information for International Employment Law. Payroll and HR issues, International Accounting, Corporate Tax, VAT/Indirect Taxes and setting up of foreign legal entities across the globe.
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• Israel Business Guide
  Israel Business Guide - Nair & Co. helps organization set up and operate in Israel with legal entity set up support that includes managing the complete legal entity documentation and registration process. We advise companies on Israel employment laws, help manage payroll, corporate taxes, VAT/Indirect Tax and day-to-day accounting issues.
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• Italy Business Guide
  Italy Business Guide - Nair & Co. helps organization set up and operate in Italy with legal entity set up support that includes managing the complete legal entity documentation and registration process. We advise companies on Italy employment laws, help manage payroll, corporate taxes, VAT/Indirect Tax and day-to-day accounting issues.
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• Italy Presents New Measures for Financial Stability
  Italy has recently announced measures to ensure the financial stability of the economy.
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