Eltoma Legal & Corporate Services

Eltoma Legal & Corporate Services Established in 2004 and operating from 3 offices located in Cyprus, Singapore and Hong Kong

Eltoma Corporate Services was established by highly qualified finance and corporate management professionals. Our head office is located in Limassol, Cyprus and our three other offices are located in Moscow, Singapore and Hong Kong. We aim to provide all our valued clients a personal, cost effective and efficient service. Eltoma Corporate Services offers a select number of jurisdictions in which t

o operate. We are constantly analysing and reviewing the jurisdictions in which we operate in order to ensure we inform our clients of the latest innovations and changes in taxation and company law. This results in a knowledgeable, professional and comprehensive service being provided to all our international business clients. At Eltoma Corporate Services we provide completely independent and professional advice ensuring we implement the best international tax planning solutions for our clients. It is imperative that the long-term management and administration of a company is thoroughly considered at the inception in order to provide the best structure. Eltoma Corporate Services facilitate this with in-depth, expert knowledge coupled with innovative and resourceful solutions. Our website provides a thorough review of the services Eltoma provides and an overview of the jurisdictions Eltoma offers. However if you do not find the information you are looking for or have any queries regarding our services please contact us and we will be happy to discuss your requirements.

The EU right-to-repair regime has moved from policy direction to operational reality.From 31 July 2026, national measure...
03/09/2026

The EU right-to-repair regime has moved from policy direction to operational reality.

From 31 July 2026, national measures transposing Directive (EU) 2024/1799 apply across EU Member States. The reform is not simply a warranty update. It sits at the intersection of consumer law, circular-economy policy, product design, spare-parts access, software governance and after-sales service.

The practical point for businesses is important: this is not a universal right to repair every product. The producer-side duty is targeted. It follows the product categories and repairability requirements set out in EU law, including Annex II and the relevant ecodesign rules.

At the same time, the regime changes the practical incentives around repair. Where repair is selected during the seller-liability period, the period is extended by at least 12 months. Outside that framework, consumers may be able to request repair from the producer for covered products, either free of charge or for a reasonable price.

The reform also creates a more transparent repair market. Repairers may use the European Repair Information Form, and where it is supplied, the stated conditions are binding for at least 30 days. The EU online repair platform is also expected to strengthen visibility for repairers, refurbishers and related service providers.
For manufacturers, importers, distributors, retailers and repair businesses, the message is clear: repair readiness is now a compliance and operating-model issue.

Companies should review:
• which product lines fall within the regime;
• which entity is responsible for repair obligations in each route to market;
• whether spare-parts pricing and access rules are defensible;
• whether software, firmware or hardware controls create unjustified repair barriers;
• whether customer-service workflows distinguish seller remedies from producer repair;
• whether environmental claims about repair are supported by evidence.

The direction of travel is clear. Repairability is becoming part of product governance, consumer protection and market access. Businesses that treat the new rules as a narrow warranty issue may miss wider risks across design, distribution, service networks and documentation.

The more strategic opportunity is to build durable service models around longer product lives, certified refurbishment and transparent repair access.

Read the article: https://www.eltoma-global.com/knowledge-base/eu-right-to-repair-2026-new-repair-duties-eltoma

Nominee directors in Hong Kong are often misunderstood.A nominee appointment may support legitimate administration, cont...
21/08/2026

Nominee directors in Hong Kong are often misunderstood.
A nominee appointment may support legitimate administration, continuity or governance arrangements. But it should never be treated as a passive name on the register, a way to create anonymity, or a way to transfer responsibility away from the real decision-makers.

Under Hong Kong company law, a nominee director is still a director. Once appointed, the person occupies a formal office and may be expected to understand the company’s business, approve matters responsibly and act with proper care, skill and diligence.

This is particularly important in a regulated TCSP and AML/CFT environment. Banks, corporate service providers and professional advisers will look beyond the formal appointment and ask:
• who ultimately owns and controls the company;
• who gives instructions to the nominee director;
• why the nominee arrangement is needed;
• who approves payments, contracts and bank mandates;
• whether the arrangement is properly documented;
• whether ownership, governance, tax, banking and compliance records are consistent.

A nominee director may appear on the public record, but the real AML/CFT question remains: who owns, funds, controls and instructs the company?
For foreign investors, there is also an important practical point. A Hong Kong private company does not generally need a Hong Kong-resident director merely because the shareholder is outside Hong Kong. In many cases, appointing the actual business owner or operating manager may be simpler and more transparent.
Where a nominee director is genuinely required, the arrangement should be clear, documented and reviewable. It should include a written scope, confirmed authority, a proper instruction process, access to relevant company information and a complete ownership and control chart.

The practical message is simple: nominee arrangements may provide flexibility, but they do not provide anonymity and they do not remove responsibility.

Read the article: https://www.eltoma-global.com/knowledge-base/hong-kong-nominee-directors-aml-cft-compliance

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Tuesday 06:00 - 18:30
Wednesday 06:00 - 18:30
Thursday 06:00 - 18:30
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