News Across Asia - Page 139

China Briefing

Registered Capital in China: A Comprehensive Guide for Foreign Businesses [2024 Update]

01/11/2024

Determining registered capital in China is an essential process for corporate establishment. Here's what foreign companies need to know.

China Briefing

Increasing and Decreasing Registered Capital in China - A Guide for FIEs [2024 Update]

01/11/2024

Changing registered capital in China is a complex procedure, but may be necessary in certain situations. We provide a step-by-step guide to handling the procedures.

India Briefing

Investment Spotlight on Western India: Gujarat vs Maharashtra

01/10/2024

Both Gujarat and Maharashtra offer investors advantages and challenges. The choice of the optimal location depends on various factors such as business goals, sector-specific interests, market prospects, supplier connections, local partnerships, regulatory and financial considerations, and risk tolerance.

China Briefing

Annual Filing of Stamp Tax on Business Account Books before January 15: FAQs

01/10/2024

China taxpayers must complete stamp tax declaration and payment by January 15 if there has been an increase in tax items, such as "paid-in capital" and "capital reserve," in the 2023 business account books.

Vietnam Briefing

Investment Opportunities in Refrigerated Transportation in Vietnam

01/10/2024

Refrigerated transport is in demand in Vietnam on the back of rising interest in imported foods that need to be kept cool. Here’s where foreign firms should think about investing.

ASEAN Briefing

Singapore Cybersecurity Draft Amendment Bill: Public Consultation Ends Jan. 15

01/10/2024

The Cyber Security Agency (CSA) of Singapore is seeking views on the draft Cybersecurity (Amendment) Bill until January 15, 2024. We list key threats that are being addressed by the Bill.

Middle East Briefing

UAE Criteria to Determine Natural Persons Subject to Corporate Tax

01/10/2024

We discuss the applicability of corporate tax on natural persons in the UAE, that is individuals conducting a business or business activity, as well as key exemptions.

Middle East Briefing

The UAE F&B Market: Opportunities for Businesses

01/10/2024

The UAE's F&B market, the Gulf's second-largest after Saudi Arabia, thrives on consumption driven by an affluent local population, large expat presence, and the country's role as a regional commercial hub attracting millions of global visitors yearly.

Middle East Briefing

Dubai Ban on Single-Use Plastic Bags Began on January 1

01/10/2024

Dubai has introduced a phased ban on single-use products in its market, starting with single-use plastic bags from January 1, 2024. We list key details for businesses to pay attention to for compliance.

China Briefing

China’s 2024 Catalogue for Guiding Industry Restructuring

01/09/2024

The 2024 Catalogue for Guiding Industry Restructuring, announced by China's NDRC, marks a strategic shift by focusing on high-tech industries and environmental priorities. Businesses are urged to grasp the dual emphasis, align with evolving policies, and capitalize on emerging opportunities in the dynamic economic landscape.

Vietnam Briefing

Vietnam’s Business Climate Stabilizing: EuroCham Q4 Survey

01/09/2024

EuroCham Vietnam’s Business Confidence Index for the fourth quarter of 2023 has been released. Here’s what it reveals about the current business climate in Vietnam for firms doing business with Europe.

India Briefing

India’s Tax Authority Issues Notification for Non-Resident Investors in Financial Products via IFSC Units

01/08/2024

The Ministry of Finance notification delineates the criteria for the recognition of investment in a financial product by non-residents, particularly when the income is deposited in the non-resident's account with the Offshore Banking Unit of the IFSC, as specified in section 80LA.