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News Across Asia

China Briefing

China Annual (One-Off) Bonus: What is the Income Tax Policy Change?

08/28/2023

We explain the preferential income tax treatment on annual bonus for some tax residents in China (including expatriate staff) - now extended to end of 2027.

India Briefing

Chandrayaan-3: India's Moon Landing Spotlights Space Sector Advancements

08/25/2023

India's successful soft moon landing on August 23 via the Chandrayaan-3 mission showcases its impressive space technology capabilities. The country's space sector is currently witnessing a surge in private sector involvement, particularly by space-tech start-ups. FDI and tax regulations are also welcoming.

China Briefing

Closing Your China Bank Accounts During Company Deregistration: New Instructions and Tips

08/25/2023

We will delve into the recent directives disseminated to Chinese banks by the central authority, the People's Bank of China (PBoC), outlining the stipulations pertinent to the company deregistration procedure.

ASEAN Briefing

Investing in Indonesia’s Nongsa Special Economic Zone

08/25/2023

Indonesia's Nongsa Special Economic Zone, located on Batam Island, offers a variety of opportunities for foreign investors.

Vietnam Briefing

What is a Transfer Pricing Review and Why Do Firms in Vietnam Need It?

08/25/2023

A transfer pricing review provides details on the Vietnam firm's transactions with associated enterprises and compliance with OECD norms.

ASEAN Briefing

Indonesia New Tax Regime for Benefits-in-Kind

08/24/2023

Indonesia’s Ministry of Finance issued Regulation 66 of 2023 (MOF 66/2023) to govern the tax treatment of benefits-in-kind.

China Briefing

A Brief Guide to Hong Kong Company Audits

08/24/2023

We provide an overview of Hong Kong audit requirements for companies, including yearly statutory audits and audits for tax filing.

Vietnam Briefing

Ho Chi Minh City in 2023: A City Ready for Greater Foreign Investment

08/24/2023

Vietnam Briefing profiles Ho Chi Minh City—a booming metropolis in the heart of Southeast Asia.

ASEAN Briefing

Laos Enhancing Cross Border Railway Connectivity with Malaysia, China

08/23/2023

Malaysia and Laos aim to enhance cross-railway cooperation to improve trade through a Memorandum of Collaboration.

India Briefing

India Market Entry Strategy for International Retailers

08/23/2023

International retailers and brands must carefully navigate the market entry requirements in India, such as FDI restrictions and the terms and conditions associated with e-commerce selling, licensing agreements, and franchises.


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