News Across Asia - Page 118

Vietnam Briefing

Vietnam Requires Corporate e-ID for Digital Procedures from July 1, 2025

07/04/2025

As of July 1, 2025, entities in Vietnam will have to create an electronic identification (e-ID), as prescribed in regulations issued in 2024. We explain the requirements and procedures for obtaining a corporate e-ID.

Middle East Briefing

Saudi Arabia and Indonesia Strengthen Trade Ties with US$27 Billion in New Agreements

07/04/2025

Indonesia and Saudi Arabia signed US$27 billion in deals. This builds on bilateral trade that hit US$6.5 billion in 2024.

China Briefing

China's Amended Anti-Unfair Competition Law in Effect October 15 – Key Takeaways for Foreign Companies

07/03/2025

Amendments to the legislation strengthen trademark and trade secret protections while tightening regulations on fraudulent marketing practices.

ASEAN Briefing

Indonesia Eases Import Rules for 10 Key Commodities to Boost Trade and Investment

07/03/2025

Indonesia removes import restrictions on 10 commodities to boost trade and attract investors ahead of major tariff deadlines.

Middle East Briefing

Egypt Introduces Targeted VAT Amendments to Broaden Tax Base

07/03/2025

Egypt has enacted targeted VAT amendments, expanding the tax base in construction, real estate, energy, tobacco and alcohol, while preserving exemptions for essentials and promoting digital invoicing to boost equity and compliance.

China Briefing

China Tax Filing: Apply for Super Deductions of R&D Expenses for H1 2025 in July

07/03/2025

Taxpayers can apply for the super deduction of R&D expenses for the first half of 2025 during the July filing period. This article explains policy regulations, filing timelines, and methods of claiming the deduction.

Vietnam Briefing

Amended Law on Products and Goods Quality: Enhancing Traceability and Compliance

07/02/2025

Vietnam’s revised Law on Product and Goods Quality, effective January 2026, introduces digital passports, stricter e-commerce oversight, and risk-based inspections to enhance product traceability and compliance.

China Briefing

China Grants 10% Tax Credit for Overseas Investors Reinvesting Profits

07/02/2025

China introduced a new tax credit policy allowing overseas investors to claim a 10 percent credit on reinvested profits in qualified domestic sectors. Understand what benefits are available, who qualifies, and how to apply.

ASEAN Briefing

Working Hours and Overtime Regulations in Vietnam: What Foreign Employers Must Know

07/02/2025

Understand Vietnam’s working hour and overtime rules to help your business stay compliant with local labor laws.

India Briefing

India’s Employment Linked Incentive Scheme Targets 35 Million Jobs Over Two Years

07/02/2025

India's Employment Linked Incentive (ELI) Scheme, launched on July 1, 2025, offers incentives to first-time employees and employers. The scheme benefits shall apply to positions created between August 1, 2025, and July 31, 2027.

Middle East Briefing

Dubai Launches First Time Home Buyer Program

07/02/2025

Dubai has launched a digital-first homebuyer program offering UAE residents—both nationals and expatriates—preferential terms on properties.

ASEAN Briefing

Termination and Severance in Vietnam: A Guide for Foreign Employers

07/01/2025

Foreign employers must follow legal grounds, notice rules, and severance pay procedures when terminating employees in Vietnam.