×
China Briefing
GBA IIT Subsidy in Shenzhen: Updated Application Rules and Deadline
08/16/2021Shenzhen opens its application channel from August 16, 2021, to September 30, 2021, for the GBA IIT subsidy for overseas talents. Successful applicants can lower their income tax rate to 15 percent.
China Briefing
Will Foreigners be Subject to China Social Insurance in Shanghai?
08/14/2021According to online speculation, foreign employees in Shanghai could be required to contribute to China’s social insurance scheme starting from August 2021.
India Briefing
GST Compliance Requirements, Offenses, and Penalties under India’s GST Regime
08/13/2021We list the GST compliance requirements under the CGST Act, 2017, steps to ease the burden on taxpayers, and penalty provisions for non-compliance.
ASEAN Briefing
US – Vietnam Reach Agreement on Currency, No Tariffs Imposed
08/13/2021Vietnam reached an agreement with the US regarding its practices on currency, marking an end to the dispute, and for Vietnam no threat of tariffs.
Vietnam Briefing
Advance Pricing Agreements in Vietnam: Circular 45
08/13/2021Vietnam’s Circular 45 sets new rules on the Advance Pricing Agreement (APA) mechanism in Vietnam. Circular 45 came into effect on August 3, 2021.
China Briefing
China Removes Didi from App Stores: What We Learned from the Case and China’s Cybersecurity Regime
08/13/2021The ride-hailing giant Didi Global Inc. is subject to a Chinese regulatory probe after its US IPO, offering lessons for cybersecurity compliance in China.
China Briefing
Investing in Zhongshan: Economic Data, Major Industries, and Incentives
08/13/2021Zhongshan City in China's southern Greater Bay Area is set to become a hyper-connected investment base from which to tap into the region's vibrant markets.
ASEAN Briefing
Indonesia’s Batam Receives Two New Special Economic Zones
08/12/2021Indonesia is set to open two new special economic zones in the island city of Batam with the aim to develop the digital economy, data centers, logistics, tourism, and aviation industries.
China Briefing
What is BEPS 2.0? OECD’s Two-Pillar Plan and Possible Impact on Multinational Enterprises
08/11/2021We look at China's position on the consensus around the BEPS 2.0 framework to ensure a fairer distribution of global tax rights.
Vietnam Briefing
Vietnam’s Entry Procedures for Foreign Employees amid the Pandemic
08/11/2021While Vietnam's borders remain closed, it has allowed business professionals, skilled workers, and students to enter the country with special entry permits.
ASEAN Briefing
Circular 45 Sets Out New Rules on Advance Pricing Agreements in Vietnam
08/10/2021Vietnam’s Circular 45 sets the new rules on the Advance Pricing Agreements (APA) mechanism in Vietnam. Circular 45 entered into force on August 3, 2021.
China Briefing
Income Tax Subsidies for Overseas Talents in China's Greater Bay Area: Application Process and Deadlines
08/10/2021Eligible foreign talents should file their applications for IIT subsidies before the 2021 deadlines.