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Middle East Briefing
Saudi Arabia Expands E-Invoicing Regime to Cover More Businesses in 2025: Key Details
10/18/2024More businesses will be subject to e-invoicing compliance in Saudi Arabia by 2025 as the 15th and 16th waves of integration get implemented by March 1 and April 1, respectively. We discuss the criteria of applicability and how businesses can prepare.
India Briefing
India and Ireland: Strengthening Economic Ties with a Joint Economic Commission
10/17/2024India and Ireland are working towards taking their economic partnership to new heights as they negotiate the establishment of a joint economic commission, set to be formalized by the end of 2024.
China Briefing
China to Pilot Water Tax Nationwide: What Does It Mean for Businesses
10/17/2024Starting from December 1, 2024, China will implement a pilot water tax nationwide, replacing the current water fee charging mechanism. The cost burden of water usage for residents and general industrial and commercial activities will remain unchanged.
Vietnam Briefing
Vietnam’s Digital Infrastructure Strategy: Opportunities for Foreign Investors
10/17/2024Vietnam’s Digital Infrastructure Strategy, approved in October 2024, identifies priority areas for investment, providing clear guidance for foreign firms looking to engage with Vietnam's growing digital economy.
India Briefing
India's Fintech Sector Secures US$778 Million in Funding in Q3 2024
10/17/2024India’s fintech sector witnessed substantial growth in Q3 of 2024, securing US$778 million in funding, a 66% increase compared to Q3 2023.
China Briefing
Transit Visa Exemptions in China: 24-Hour, 72-Hour, and 144-Hour Options
10/17/2024Foreign travelers have several options for transit visa exemptions when traveling through China between two different countries, including 24, 72, or 144 hour transit visa exemptions.
China Briefing
China's Outbound Investment Trends: Sources, Destinations, and Key Sectors
10/16/2024China’s outbound investment (ODI) is surging from already-record levels. In 2023, China's ODI rose by 8.7 percent to reach US$177.3 billion, making it the third-largest source of ODI globally.
India Briefing
India Mandates Audit Trail Compliance for All Companies: Understanding the Obligations
10/16/2024We provide an overview of audit trails, detailing the mandatory compliance requirements under Indian corporate laws, the responsibilities of companies and auditors, and the penalties for non-compliance.
Vietnam Briefing
Vietnam’s On-Spot Export and Import Regime
10/16/2024The management of on-the-spot export and import activities in Vietnam has exposed certain shortcomings, prompting the government to plan reforms to align with international standards and ensure fairness across different types of businesses.
ASEAN Briefing
Malaysia Public Holidays: Essential Dates for 2025
10/16/2024Explore Malaysia's public holidays with our complete guide, covering national events like Hari Raya, Chinese New Year, and state-specific holidays.
Middle East Briefing
UAE Amends VAT Executive Regulations, Effective November 15
10/16/2024The UAE has made substantial changes to its Value Added Tax (VAT) Executive Regulations, effective from November 15, 2024, carrying implications for businesses across various sectors, especially trade and financial services.
Middle East Briefing
UAE to Address India’s Concerns Over Increased Silver, Platinum Alloy, and Dry Date Imports Under CEPA
10/16/2024The United Arab Emirates (UAE) has agreed to address India's concerns over a significant rise in imports of silver products, platinum alloy, and dry dates, taking advantage of lower tariffs under the India-UAE Comprehensive Economic Partnership Agreement (CEPA).