Featured News
Stay on top of the latest business news from across Asia. Here we bring you a selection of the latest articles on economic, regulatory, tax, HR, and payroll developments published on our respective regional platforms.
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China Briefing
An Introduction to Doing Business in Hong Kong 2024
This publication, updated in April 2024, is designed to introduce the fundamentals of doing business in Hong Kong. This guide covers corporate establishment, tax and audit, HR and payroll, and cybersecurity and data protection.
France-China Relations: Trade, Investment, and Recent Developments
As French President Emmanuel Macron makes an official visit to China this week, we discuss the latest bilateral trade and investment data and key diplomatic developments between the two countries.
Filing Individual Tax Returns in Hong Kong: A Complete Guide
Hong Kong's Inland Revenue Department has issued the Individual Tax Return for the year of assessment 2023/24. Individual taxpayers are advised to start preparations early and allocate sufficient resources to meet the deadline.
China Introduces New Policy Measures to Facilitate the Movement of Residents
China's National Immigration Administration has introduced a range of measures to simplify entry and exit procedures, extend business stays, and address tourism needs, aligning with the vision of a more integrated Greater Bay Area.
India Briefing
Double Taxation Avoidance Agreements (DTAAs) and Your India Investment Strategy
India has double taxation avoidance agreements (DTAAs) in place with over 90 countries, with certain tax treaties offering lower withholding tax (WHT) rates on certain types of income. This article examines how DTAAs can impact foreign firms and their India investment strategy.
India-Spain DTAA Notification: Lowered Tax Rates and Key Provisions
India has announced that tax rates on royalties and fees for technical services under the India-Spain DTAA will be capped at 10%, a rate lower than domestic laws, as per a most-favored nation basis, according to a March 2024 notification.
India-Mauritius DTAA Amendment Closes Tax Avoidance Loophole
India and Mauritius have agreed to abide by recent DTAA revisions, which include a PPT clause to prevent any unjustified tax avoidance.
Foreign Tax Credit in India: What You Need to Know
India Briefing guides you through the mechanism of Foreign Tax Credit in India and how taxpayers can avoid paying double tax.
Vietnam Briefing
Choosing the Right Location for Your Business in the Asian Market
Investors opt for a multi-country benchmarking service to identify the most suitable location by comparing key attributes across markets.
Common Transfer Pricing Issues and How to Rectify Them
Vietnam's tax authorities have identified several transfer pricing (TP) and tax evasion issues over the years. Here's what firms should be aware of to ensure they are compliant.
Top 6 FDI Locations in Vietnam in 2023 and Why
These Vietnamese provinces received the most foreign direct investment in 2023. Here’s a short overview and why.
Is Vietnam a Market Economy? U.S. Considers Status Upgrade
The U.S. is debating whether to upgrade Vietnam's non-market economy status to a market economy to support President Biden's aim of fostering a "friend-shoring" relationship and diversifying supply chains away from China, potentially ending high duties on Vietnamese imports.
ASEAN Briefing
Insights into Malaysia's Standing in the 2024 Emerging Asia Manufacturing Index
The Emerging Asia Manufacturing Index 2024 report published by Dezan Shira & Associates provides insights into the factors that influence the manufacturing sector in emerging Asian countries such as Malaysia.
Vietnam’s Updated Telecommunications Law Takes Effect July 1
Vietnam's updated telecommunication law, designed to align with the current digital economy, will take effect on July 1, 2024. Specific provisions regarding data centers, cloud computing, OTT services, and network number fees will become effective on January 1, 2025.
New Thai Law Targets Cross-Border Data Flows
Thailand's PDPC issued two regulations on cross-border data transfers which broaden options for companies conducting lawful cross-border transfers.
Navigating ESG Grant Opportunities for Singaporean Businesses
The Singapore government provides an array of grants and incentives to help companies stay consistent with ESG metrics and transform into low-carbon businesses.