Water & Shark

Home
Singapore
Singapore
Water & Shark

Water and Shark: Globally renowned for client-focused accountancy, legal, and advisory services.

Water and Shark is a renowned global accountancy and legal consulting firm offering a wide range of services, including tax and regulatory, legal, assurance, and advisory services. With a strong reputation for client-centric solutions, we serve a diverse clientele from small businesses to unicorns worldwide. Water and Shark has established itself as a trailblazer and a leading authority in several

key areas, including private client practice, family office management, international tax expertise, international corporate law, risk advisory services, and top-notch assurance services.

02/06/2026

The India - Oman CEPA marks a significant development in India’s growing economic engagement with the Gulf region.

With 99.38% duty-free access for Indian exports, expanded services commitments across 127 sectors, and stronger logistics connectivity to the GCC and East Africa, the agreement creates new opportunities for exporters, manufacturers, service providers, and globally expanding businesses.

For businesses, the opportunity is no longer only about market access. It is about how trade, tax, supply chains, structuring, mobility, and regional positioning are aligned within a broader international growth strategy.

At Water & Shark, we help businesses navigate cross-border expansion through integrated legal, tax, structuring, and international advisory frameworks.

𝙂𝙡𝙤𝙗𝙖𝙡 𝘼𝙙𝙫𝙞𝙨𝙤𝙧𝙨 𝙛𝙤𝙧 𝙂𝙡𝙤𝙗𝙖𝙡 𝘾𝙞𝙩𝙞𝙯𝙚𝙣𝙨™
𝙋𝙧𝙤𝙩𝙚𝙘𝙩, 𝙋𝙧𝙚𝙨𝙚𝙧𝙫𝙚, 𝙋𝙧𝙤𝙨𝙥𝙚𝙧™

01/06/2026

Hong Kong moving ahead of Switzerland in global wealth positioning reflects a wider shift in how international capital is being managed and structured.

Asia is creating new wealth at scale and capital is moving closer to growth, liquidity, and market access. This affects not only banking, but also family office strategy, offshore structuring, investment flows, and long-term asset protection.

For globally connected families and businesses, the focus is now on building structures that reflect where wealth is created, protected, and deployed.

At Water & Shark, we help clients align banking, tax, asset protection, succession, governance, and cross-border structuring within one coordinated global framework.

𝙂𝙡𝙤𝙗𝙖𝙡 𝘼𝙙𝙫𝙞𝙨𝙤𝙧𝙨 𝙛𝙤𝙧 𝙂𝙡𝙤𝙗𝙖𝙡 𝘾𝙞𝙩𝙞𝙯𝙚𝙣𝙨™
𝙋𝙧𝙤𝙩𝙚𝙘𝙩, 𝙋𝙧𝙚𝙨𝙚𝙧𝙫𝙚, 𝙋𝙧𝙤𝙨𝙥𝙚𝙧™

29/05/2026

Corporate control in Singapore is increasingly evaluated beyond incorporation documents, nominee arrangements, and formal ownership structures.

Regulators and authorities now examine who truly exercises influence, strategic control, governance authority, and operational decision-making, particularly across tax residency, AML/CFT compliance, beneficial ownership, and cross-border structuring frameworks.

As businesses and international groups navigate growing regulatory scrutiny, effective structuring requires alignment between ownership, governance, management substance, and legal control.

At Water & Shark, we approach cross-border structuring as a strategic exercise focused on governance clarity, regulatory alignment, long-term continuity, and institutional resilience across jurisdictions.

Read the full blog - https://www.waterandshark.com/blog/beyond-incorporation-how-corporate-control-is-evaluated-in-singapore

𝙂𝙡𝙤𝙗𝙖𝙡 𝘼𝙙𝙫𝙞𝙨𝙤𝙧𝙨 𝙛𝙤𝙧 𝙂𝙡𝙤𝙗𝙖𝙡 𝘾𝙞𝙩𝙞𝙯𝙚𝙣𝙨™
𝙋𝙧𝙤𝙩𝙚𝙘𝙩, 𝙋𝙧𝙚𝙨𝙚𝙧𝙫𝙚, 𝙋𝙧𝙤𝙨𝙥𝙚𝙧™

28/05/2026

Italy’s 7% flat tax regime is gaining relevance for qualifying foreign pensioners considering Europe as a long-term base.

With the eligible municipality threshold expanded from 20,000 to 30,000 residents, the regime may now offer a wider choice of Italian towns while applying a 7% substitute tax on qualifying foreign-source income for up to 10 years.

For globally connected individuals and families, the opportunity should be assessed beyond the headline rate. Tax residency, treaty position, foreign income, banking, reporting obligations, asset ownership, succession, and family priorities must be reviewed together.

At Water & Shark, we help individuals and families evaluate citizenship, residency, and tax pathways with clarity, compliance and long-term intent.

𝙂𝙡𝙤𝙗𝙖𝙡 𝘼𝙙𝙫𝙞𝙨𝙤𝙧𝙨 𝙛𝙤𝙧 𝙂𝙡𝙤𝙗𝙖𝙡 𝘾𝙞𝙩𝙞𝙯𝙚𝙣𝙨™
𝙋𝙧𝙤𝙩𝙚𝙘𝙩, 𝙋𝙧𝙚𝙨𝙚𝙧𝙫𝙚, 𝙋𝙧𝙤𝙨𝙥𝙚𝙧™

26/05/2026

Trust-owned shareholding structures are increasingly becoming an important tool for asset protection, succession planning, governance control, and long-term wealth preservation.

As families and businesses navigate complex ownership, cross-border exposure, and generational transition, effective structuring depends on clear legal frameworks, trustee responsibilities, governance mechanisms, and carefully drafted trust deeds.

At Water & Shark, we approach trust structuring as a strategic exercise focused on protecting wealth, preserving continuity, and building resilient long-term structures across jurisdictions.

Read the full blog - https://www.waterandshark.com/blog/legal-characteristics-of-trust-owned-shareholding-arrangements

𝙂𝙡𝙤𝙗𝙖𝙡 𝘼𝙙𝙫𝙞𝙨𝙤𝙧𝙨 𝙛𝙤𝙧 𝙂𝙡𝙤𝙗𝙖𝙡 𝘾𝙞𝙩𝙞𝙯𝙚𝙣𝙨™
𝙋𝙧𝙤𝙩𝙚𝙘𝙩, 𝙋𝙧𝙚𝙨𝙚𝙧𝙫𝙚, 𝙋𝙧𝙤𝙨𝙥𝙚𝙧

25/05/2026

Hong Kong continues to remain a relevant jurisdiction for businesses looking at regional expansion, investment holding, and cross-border structuring.

With a competitive profits tax regime, territorial taxation principles, no VAT or GST, no capital gains tax, and a treaty network across 40+ jurisdictions, Hong Kong offers a practical framework for globally operating businesses.

However, tax efficiency cannot be viewed in isolation. The real value lies in aligning commercial substance, management and control, banking flows, treaty access, and long-term group structure.

At Water & Shark, we help businesses assess Hong Kong within a wider cross-border framework, ensuring that tax position, governance, and operational design support compliant growth and long-term control.

𝙂𝙡𝙤𝙗𝙖𝙡 𝘼𝙙𝙫𝙞𝙨𝙤𝙧𝙨 𝙛𝙤𝙧 𝙂𝙡𝙤𝙗𝙖𝙡 𝘾𝙞𝙩𝙞𝙯𝙚𝙣𝙨™
𝙋𝙧𝙤𝙩𝙚𝙘𝙩, 𝙋𝙧𝙚𝙨𝙚𝙧𝙫𝙚, 𝙋𝙧𝙤𝙨𝙥𝙚𝙧™

22/05/2026

Strengthening dialogue across the India-Europe corridor requires sustained engagement at the intersection of diplomacy, policy, defence cooperation, and economic strategy.

Sujit S Nair, Senior Partner – Global Policy & Government Relations, Water & Shark, participated in the reception hosted by the Embassy of Hungary in New Delhi on the occasion of Hungary’s Day of National Defence.

The occasion commemorated an important chapter in Hungary’s national history and honoured the legacy and service of the Hungarian Defence Forces in safeguarding the country’s sovereignty and national security.

It was a privilege for Mr. Nair to interact with H.E. Mr. István Szabó Ambassador of Hungary to India, and Lieutenant Colonel Viktor Erdész PhD, Defence, Military and Air Attaché, along with members of the diplomatic, defence, and strategic affairs community.

At Water & Shark, we continue to engage actively in conversations that deepen India-Europe cooperation across policy, trade, investment, strategic affairs, and institutional partnerships. Such platforms reinforce the importance of long-term dialogue, trust-building, and cross-border collaboration between India and European partners.

We extend our appreciation to the Embassy of Hungary for the warm hospitality and meaningful exchange.

🇮🇳 🇭🇺

𝙂𝙡𝙤𝙗𝙖𝙡 𝘼𝙙𝙫𝙞𝙨𝙤𝙧𝙨 𝙛𝙤𝙧 𝙂𝙡𝙤𝙗𝙖𝙡 𝘾𝙞𝙩𝙞𝙯𝙚𝙣𝙨™
𝙋𝙧𝙤𝙩𝙚𝙘𝙩, 𝙋𝙧𝙚𝙨𝙚𝙧𝙫𝙚, 𝙋𝙧𝙤𝙨𝙥𝙚𝙧™

21/05/2026

Water & Shark is pleased to welcome Mr. Abdulla Almarzooqi as Senior Partner, Water & Shark UAE, alongside the formation of Water and Shark Abdulla Almarzooqi Consultants L.L.CFZ as a joint venture entity.

This is an important step in strengthening our presence across the UAE and the wider Middle East through Water and Shark Abdulla Almarzooqi Consultants L.L.C FZ.

With more than two decades of experience across various institutions , Mr. Almarzooqi brings deep institutional understanding, governance expertise, and regional relationships that significantly strengthen our presence across the UAE and the wider Middle East.

Together, we look forward to supporting families, founders, businesses, and institutions with globally aligned, locally grounded advisory across legal, tax, structuring, governance, wealth preservation and strategic growth.

We extend our sincere thanks to Gulf News for featuring this important milestone in Water & Shark’s UAE journey.

Read the full news -https://gulfnews.com/gn-focus/company-news/water-shark-welcomes-abdulla-almarzooqi-as-senior-partner-in-the-uae-1.500540680

𝙂𝙡𝙤𝙗𝙖𝙡 𝘼𝙙𝙫𝙞𝙨𝙤𝙧𝙨 𝙛𝙤𝙧 𝙂𝙡𝙤𝙗𝙖𝙡 𝘾𝙞𝙩𝙞𝙯𝙚𝙣𝙨™
𝙋𝙧𝙤𝙩𝙚𝙘𝙩, 𝙋𝙧𝙚𝙨𝙚𝙧𝙫𝙚, 𝙋𝙧𝙤𝙨𝙥𝙚𝙧™

19/05/2026

Australia’s proposed capital gains changes mark an important planning moment for investors, founders, and globally mobile families.

With the framework expected from July 2027, areas such as capital gains treatment, negative gearing, residency, ownership structures, and liquidity planning may require closer review.

For families and investors with cross-border exposure, the focus is on ensuring that tax position, asset ownership, banking, succession, and mobility planning remain aligned within a clear long-term structure.

At Water & Shark, we help clients bring these areas together into one coordinated framework, enabling informed decisions with clarity, compliance, and long-term confidence.

𝙂𝙡𝙤𝙗𝙖𝙡 𝘼𝙙𝙫𝙞𝙨𝙤𝙧𝙨 𝙛𝙤𝙧 𝙂𝙡𝙤𝙗𝙖𝙡 𝘾𝙞𝙩𝙞𝙯𝙚𝙣𝙨™
𝙋𝙧𝙤𝙩𝙚𝙘𝙩, 𝙋𝙧𝙚𝙨𝙚𝙧𝙫𝙚, 𝙋𝙧𝙤𝙨𝙥𝙚𝙧™

Address

Level 39, Marina Bay Financial Centre Tower 2, 10 Marina Boulevard
Singapore
018983

Website

http://www.waterandshark.com/

Alerts

Be the first to know and let us send you an email when Water & Shark posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Practice

Send a message to Water & Shark:

Shortcuts

Featured

St. Soldier Law College, Jalandhar
Jalandhar,

Want your practice to be the top-listed Law Practice in Singapore?