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Middle East Briefing
Compliance Requirements After Incorporation in the UAE
07/02/2024We discuss some of the reporting tasks and compliance obligations that companies must manage after incorporating a business in the UAE.
China Briefing
China Issues Judicial Interpretations on the New Company Law's Applicability and Retrospective Effect
07/02/2024The final version of the 2023 China Company Law came into effect July 1, 2024 and the Supreme People's Court has issued judicial interpretations regarding the application and effectiveness of the Company Law. While adhering to the principle that laws do not apply retroactively, the Interpretations clarify situations where provisions of the New Company Law take precedence.
India Briefing
India, U.S Extend Equalization Levy Deadline on E-Commerce Transactions
07/01/2024India and the US agreed to extend the equalization levy on e-commerce until June 30, 2024, with the aim to maintain stability in digital business operations between the two countries.
Middle East Briefing
Freshworks Inc. Expands Presence in MEA with New UAE Data Center Powered by AWS
07/01/2024Freshworks' partnership with Amazon Web Services (AWS) is integral to its strategy in Middle East & Africa (MEA), and is representative of how companies in the UAE are investing in digital infrastructure to provide advanced customer and employee service solutions while ensuring regional data compliance.
Vietnam Briefing
Vietnam Government Extends 2% VAT Reduction on Specific Goods and Services till End of 2024
07/01/2024The Vietnam government issued Decree 72/2024 on June 30 to extend the 2% VAT reduction on specific goods and services till the end of 2024.
ASEAN Briefing
Updates to Employment Permits for Professional Foreign Workers in Singapore
07/01/2024Singapore's Ministry of Manpower provides a range of employment permits for professional expatriates planning to work in the country.
Middle East Briefing
Facilitating Trade and Connectivity between UAE and India: Updates Linked to the IMEEC
07/01/2024India and the United Arab Emirates (UAE) are set to launch an online platform for streamlined port clearance processes under the IMEEC.
China Briefing
China's Revised Company Law in Effect from July 1, 2024: Key Details Here
07/01/2024The revised Company Law includes major changes to company capital rules, corporate governance structures, shareholder rights, and liquidation procedures.
ASEAN Briefing
Malaysia-Singapore Economic Relations: Trade and Investment Outlook
06/29/2024Malaysia and Singapore's strong trade, strategic projects, and sector collaborations enhance regional growth and connectivity, positioning them as key ASEAN players.
China Briefing
China-Poland Bilateral Relations: Trade and Investment
06/28/2024We discuss China-Poland bilateral diplomatic relations, trade and commercial engagements, tax and multilateral treaties, and the scope of bilateral investment protection.
ASEAN Briefing
Indonesia's Positive Investment List: Sectors Open and Restricted to Foreign Businesses
06/28/2024Indonesia's Positive Investment List allows 100% foreign investment in over 200 business lines, with several incentives for priority sectors.
China Briefing
China-Serbia Bilateral Relations: Trade and Investment Outlook
06/28/2024As a result of recent negotiations between China and Serbia, the Free Trade Agreement (FTA) between the two countries will take effect on July 1, 2024.