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News Across Asia

Vietnam Briefing

Vietnam Mandates Centralized Electronic Labor Contracts from July 2026: Key Requirements under Decree 337

12/31/2025

From July 1, 2026, Vietnam’s government mandates that all electronic labor contracts must be digitally managed on a centralized platform.

Middle East Briefing

GCC Economies Outlook for 2026: Growth Projections and Key Drivers

12/31/2025

GCC economies are expected to see stronger growth in 2026, with international institutions projecting expansion of around 4.4–4.5 percent.

ASEAN Briefing

Enforcing Commercial Contracts in the Philippines: An Investor Enforcement Perspective

12/30/2025

See how contract enforcement works in the Philippines and what you must structure to protect your investment and recovery rights.

ASEAN Briefing

How Branch Profit Remittance Tax Applies to Foreign Entities in Vietnam

12/30/2025

Vietnam does not impose a branch profit remittance tax and instead applies corporate income tax and profit remittance rules.

Vietnam Briefing

Exploring the Vietnam International Financial Center: Part 1 – Scope, Governance, and Regulatory Framework

12/30/2025

This article outlines the scope, governance, and regulatory framework of the Vietnam International Financial Center.

India Briefing

Virtual PE Risk: The OECD's 2025 Guidance and India's Position

12/30/2025

The rise of remote work is challenging traditional PE rules based on physical presence. Businesses assessing potential virtual PE presence in India must consider the OECD’s 2025 guidance, India’s virtual PE debate and key judicial rulings.

China Briefing

China Issues Updated Rules on Tax Deduction for Advertising and Promotion Expenses

12/30/2025

China has renewed its existing rules on the pre‑tax deduction of advertising and promotion expenses with no substantive changes. The policy extension will apply from January 1, 2026 through December 31, 2027.

Middle East Briefing

Dubai’s New Year’s Eve Road Closures: What Businesses Need to Know

12/30/2025

Dubai’s phased New Year’s Eve road closures around Downtown and the Burj Khalifa from 4:00 pm will significantly disrupt commuting, deliveries, and customer access, requiring businesses to plan ahead.

Middle East Briefing

Four New UAE's Visit Visas in 2025: All You Need to Know

12/30/2025

The UAE’s 2025 visit visa reforms introduce purpose-specific categories that tighten the link between permitted activities, visa type, and sponsor accountability.

China Briefing

Zhejiang, Jiangsu to Roll Out Minimum Wage Standards from January 1

12/30/2025

This article offers a guide to minimum wages in the Chinese Mainland and discuss how labor costs are affected by changes to the minimum wage levels. The data is current as of December 30, 2025.

Vietnam Briefing

Capital Transfer Taxation and Exclusions Under Decree 320: A Practical Guide

12/30/2025

We explain Vietnam's application of corporate income tax (CIT) to capital transfers under Decree No. 320/2025/ND-CP

China Briefing

China Cuts Import Tariffs to Support High-Tech, Healthcare in 2026 Schedule

12/30/2025

The 2026 tariff schedule seeks to support development of key industries while upholding commitments under China's free trade agreements.

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