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China Briefing
China Annual IIT reconciliation in 2025: Appointment Booking Opens February 21
02/24/2025Individual income tax (IIT) taxpayers wishing to complete their annual IIT reconciliation between March 1 and 20 must schedule an appointment through the IIT app starting February 21, 2025.
ASEAN Briefing
Malaysia’s New Minimum Wage Rate for 2025: What Employers and Workers Need to Know
02/21/2025Malaysia’s new minimum wage for 2025 brings higher pay rates and new compliance deadlines for employers.
India Briefing
India's FTA Network: Updates in 2025
02/21/2025India is actively engaging in trade discussions with major partners such as the US, UK, EU, and ASEAN. We bring you the 2025 updates on India's evolving FTA landscape.
China Briefing
China’s 2025 Foreign Investment Action Plan: Key Measures and Opportunities
02/21/2025In this article, we explore the key measures outlined in China's foreign investment action plan 2025, their impact on various sectors, and the broader implications for foreign investors.
Middle East Briefing
ADIO Strengthens Abu Dhabi-China Economic Ties with Strategic Agreements
02/21/2025The Abu Dhabi Investment Office (ADIO) has signed landmark agreements with Fosun International Limited, Wind Information, and Hejun Group to bolster economic collaboration and facilitate investment between Abu Dhabi and China.
India Briefing
BRSR Reporting in India: Key Changes to ESG Disclosures Introduced by SEBI
02/20/2025In December 2024, the Securities and Exchange Board of India (SEBI) approved key decisions related to the BRSR Core framework, ESG disclosures for the value chain, and assurance requirements.
China Briefing
Personal Information Protection Audits in China: Final Measures Effective May 1
02/20/2025China’s Cyberspace Administration has unveiled the final rules on conducting personal information protection audits. The new measures, which require fewer companies to conduct less frequent audits than the draft version, offer an opportunity for businesses to strengthen compliance.
Vietnam Briefing
Vietnam’s New VAT Law: Key Compliance Guidance
02/20/2025We examine Vietnam's new Value Added Tax (VAT) Law, set to take effect on July 1, 2025, which introduces significant changes to the country's VAT regulations, along with recent clarifications by the Ministry of Finance.
ASEAN Briefing
Singapore Budget 2025: What it Means for Businesses
02/20/2025Singapore’s Budget 2025 introduces tax rebates, workforce grants, and AI funding to help businesses cut costs and drive growth.
ASEAN Briefing
A Guide to Taxation in the Philippines - Updates for 2025
02/20/2025The Philippines imposes a territorial tax system, meaning only Philippine-sourced income is subject to taxes.
ASEAN Briefing
Investment Opportunities in Timor-Leste's Tourism Industry
02/19/2025Timor-Leste’s tourism industry offers investment opportunities in hospitality, eco-tourism, and infrastructure.
Vietnam Briefing
Vietnam’s Legal Framework for Probationary Contracts: Implications for Businesses
02/19/2025The Vietnamese government regulates probationary contracts to protect workers' rights, with a clear legal framework in place for the initial employment phase. This article examines the types of probationary contracts in Vietnam and their corresponding social insurance obligations.