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China Monthly Tax Brief: November 2025

2025-12-05
In this China Monthly Tax Brief for November 2025, we highlight key taxation developments relevant to businesses. November saw several significant tax and regulatory developments that continue to shape China’s broader efforts to refine enforcement practices, improve administrative predictability, and strengthen support for businesses, particularly foreign-invested enterprises.

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China Briefing

Non-fixed-Term Labor Contract in China: Rules Further Clarified Under Judicial Interpretation II

12/04/2025

Non-fixed-term labor contracts in China offer employees strong job security, but they pose unique challenges for employers.

India Briefing

India Opens PLI Applications for Bulk Drug Manufacturing till December 26, 2025

12/05/2025

India is intensifying its push for pharmaceutical self-reliance through expanded PLI schemes and support for bulk-drug manufacturing, with the sixth application round opening on November 26, 2025.

Vietnam Briefing

How Vietnam Plans to Improve Urban Air Quality: Insights for Businesses

12/03/2025

The newly introduced National Action Plan on Pollution Remediation and Air Quality Management outlines detailed objectives to enhance air quality in Vietnam’s major cities.

Middle East Briefing

The Middle East–Latin America Investment Corridor: Strategic Expansion, Sectoral Momentum, and the Safeguards Investors Need

12/05/2025

Investment from the Middle East (and especially the UAE) into Latin America is accelerating across agritech, energy transition, fintech, and infrastructure, creating one of the world’s most dynamic new capital corridors.

ASEAN Briefing

Understanding Withholding Tax on Royalties, Dividends, And Service Fees in The Philippines

12/04/2025

Foreign investors evaluating the Philippines must consider how withholding tax affects the movement of profits, intellectual property income, and service fees across borders.

China Briefing

Company Law Draft Judicial Interpretation Part III: Nominee Shareholding, Investor Rights Protection, and Equity Transfer

12/03/2025

This is the third article in our series on the Supreme People’s Court’s draft judicial interpretation of the Company Law, released in September 2025, covering the section on nominee shareholding in China and the protection of investor rights.

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Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.

India

India Briefing

India Expands Small Company Definition, Easing Compliance for Businesses

12/05/2025

India has increased the financial thresholds for classifying a small company under the Companies Act, 2013, reducing compliance burdens for expanding businesses and widening access to simplified reporting and audit exemptions for companies.

 

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It has been produced by Dezan Shira and Associates since 1999.

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