Nigeria and Hong Kong signed a Comprehensive Avoidance of Double Taxation Agreement, known as a CDTA. It was a virtual signing, which perhaps explains why it slipped under the radar for many business owners. But the significance of what happened that day deserves a closer look. This is Hong Kong's 59th tax treaty globally, and its fourth signed in 2026 alone. For Nigeria, it is a statement of intent...
News and policy updates
Something significant happened on 22 June 2026 that received far too little attention in the business press. Mexico formally activated trade provisions with the United Kingdom under the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). In plain terms, this means that, for the first time, UK and Mexican businesses are operating under a shared multilateral...
Australia delivered its 2026–27 Federal Budget on 12 May 2026. For most inbound investors and business owners operating in Australia, the headline question isn't whether these changes will affect them. It's how quickly they need to respond. The short answer? Sooner than you think. This budget draws a clear line. It moves away from tax-driven investment structures and toward a harder,...
There is a small island in the Indian Ocean that has quietly been building one of the world's most compelling cases for relocating a business. Mauritius, with a population of just 1.26 million, has long punched well above its weight as a financial hub. But in April 2026, it made its boldest move yet: the official Cabinet approval of a Golden Visa program that is already turning heads among entrepreneurs,...
There are nearly 23 million high-net-worth individuals (HNWIs) worldwide today, as per a leading portal, Asia House. Together, they and their families hold close to US$87 trillion in wealth. Where they choose to put that money, and why they think that way, is shifting fast. This growing emphasis on geography makes jurisdictional risk a defining consideration in long-term wealth preservation. As a...
For the first time in 17 years, South Africa's debt trajectory has stabilised. That sentence alone tells you this isn't just another budget. Finance Minister Enoch Godongwana delivered the 2026/27 Budget on February 26, 2026, and the tone was strikingly different from the chaos that marked 2025's three budget attempts. This one carries optimism, backed by numbers...
Hong Kong just returned to a budget surplus for the first time since 2021. Financial Secretary Paul Chan's message: the city is doubling down on innovation, finance, and integration with the Chinese Mainland. The February 25, 2026, Budget, themed "Driving high-quality, inclusive growth with innovation and finance," includes measures businesses need to understand now. This isn't a...
Running a business in Singapore comes with plenty of perks, from the city's strategic location to its business-friendly environment. But there's one thing every company director needs to master: corporate tax filing. If you're feeling overwhelmed by the acronyms (ECI, anyone?) and deadlines, you're not alone. Let's break it down in plain...
The business landscape in Croatia is about to undergo a digital transformation that will change how companies handle invoicing forever. Starting January 1, 2026, Fiscalisation 2.0 kicks in, requiring all VAT-registered businesses in the country to issue electronic invoices. If you are running a company in Croatia or trading with Croatian partners, this isn't just another regulatory update to glance over....
Dubai launched a transformative initiative that simplifies and enhances the efficiency of doing business across its free zones, the One Freezone Passport. One of the earliest adopters of this initiative is Louis Vuitton, which became the first global brand to benefit from the new system. It expanded its presence from Jebel Ali Free Zone (JAFZA) into the Dubai World Trade Centre (DWTC) in just five working...