News Across Asia

Setting Up a Business in Nusantara, Indonesia: Investor Requirements, Tax Benefits

We discuss Indonesia’s corporate establishment requirements and tax benefits for investors in Nusantara, the new capital city.

Tax Compliance Calendar for Enterprises in India in June 2023

We provide a tax compliance calendar for June 2023 that highlights important India income tax and GST due dates and obligations.

Government Opens Applications for Semiconductor and Display Fabs under Modified Program from June 1

India has updated its flagship scheme for the semiconductor sector, with a Modified Program seeking fresh applications from new and old applicants starting June 1, 2023.

Renminbi Rising: What Foreign Firms in Vietnam Should Know

The Chinese Yuan is becoming more and more popular in international transactions as the United States dollar appreciates. Here’s what this looks like in ASEAN and Vietnam.

Investing in Wuhan, Hubei Province: China City Spotlight

In this investment profile of Wuhan, Hubei province, central China, we discuss the city’s key economic strengths, industrial ecosystem, supportive policies and incentives, and designated preferential zones to shed light on the opportunities it offers to potential investors.

Japan's Omron Healthcare to Open a Medical Device Factory in Tamil Nadu, India

In Tokyo, on May 30, the Chief Minister of Tamil Nadu, MK Stalin, oversaw the signing of an MoU between Guidance Tamil Nadu and Omron Healthcare. 

UAE Corporate Restructuring, M&A: New Tax Relief Laws

Unleashing Nickel's Potential: Indonesia's Journey to Global Prominence

We look at the foreign investment potential in Indonesia's commodities sector, with a focus on nickel resources and EV battery manufacturing.

UAE Tax Deductible Business Entertainment Expense Allowances

China’s Social Credit System: Scope of Information Collection and Punishments for Untrustworthy Entities

Rules for the implementation of China's social credit system are becoming clearer and businesses need to prepare for strict legal and regulatory compliance.

Updates to China’s Social Credit System: Violations and Restoring Bad Credit

The government released new documents on China’s social credit system for companies, clarifying types of violations and ways to restore bad social credit.

India to Clear M&A Proposals Between 15-60 Days: In Effect June 15, 2023

Fast-track mergers and acquisition (M&A) proposals in India will now benefit from an even more simplified process from June 15, 2023.