News Across Asia

An Introduction to Doing Business in ASEAN 2024 – New Publication from Dezan Shira & Associates

This Guide covers the fundamentals of investing in ASEAN, including market entry, company setup, tax and audit, and HR and payroll.

China Issues Special Measures to Ease Market Access in the Hengqin Cooperation Zone

Recently unveiled guidelines for the Guangdong-Macao Cooperation Zone in Hengqin focus on enhancing financial services, promoting tourism, driving innovation, and expanding healthcare access. Noteworthy initiatives include market access relaxation measures like establishing Sino-foreign cooperative art colleges, wholly owned medical institutions from Hong Kong and Macao, and facilitating medical beauty services. These measures also underscore a strategic commitment to economic dynamism within the Greater Bay Area.

Recent Changes to Form 10F: A Guide for Non-Residents Seeking to Claim DTAA Benefits in India

Recent amendments to Form 10F procedures in India require electronic filing as a mandatory compliance to successfully claim DTAA benefits.

China’s Three-Years Action Plan to Boost the Business Environment in the Greater Bay Area

China unveiled a new Three-Year Action Plan for the Guangdong-Hong Kong-Macao Greater Bay Area, aiming to boost financial sector openness and market access in key zones like Hengqin and Nansha.

An Introduction to Doing Business in Vietnam 2024 – the Latest Guide from Dezan Shira & Associates

The latest guide from Dezan Shira & Associates, titled “An Introduction to Doing Business in Vietnam in 2024”, is out now and currently available to subscribers as a complimentary download in the Asia Briefing Publication Store.

NIO's $2 Billion Funding by CYVN: Catalyzing New Narratives for China and the Middle East

Bac Ninh Master Plan for 2021 to 2030 Approved

Bac Ninh has become a hive of manufacturing in recent years and is still drawing huge investments from foreign firms. In this light, the Vietnam Briefing takes a look at what key decision-makers have planned for the future of the province.

China’s Revised Measures for the Administration and Registration of Formula Foods for Special Medical Purposes

China has unveiled a set of revised measures governing the administration and registration of formula foods for special medical purposes, effective January 1, 2024. These changes mark significant updates to the registration mechanism, responsibility system, and penalties in place.

Renewable Energy Manufacturing Potential in Southeast Asia

Southeast Asia has the potential to be a global leader in renewable manufacturing while simultaneously achieving its economic growth targets.

Greater Bay Area Preferential IIT Subsidy for Foreign Talent in 2023/24

Zhuhai's application deadline is January 5, 2024. Zhaoqing will close applications on January 20, 2024. Guangzhou's application will end on February 29, 2024. Jiangmen and Zhongshan's applications are yet to start.

Saudi Mutual Fund Opens Doors to Chinese Investors for the First Time

India’s Industry and Trade Promotion Body Releases Year-End Report for 2023

DPIIT, India's trade & industry promotion body, highlights key schemes and economic milestones that facilitate the country's foreign investment climate, including support for export-oriented production, reduction of compliances, expanding the industrial base, and financing for startups and MSMEs.