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India Briefing
Central Bank Digital Currency in India: Everything We Know So Far
08/18/2021The RBI recently provided an update on its implementation plan for the Central Bank Digital Currency as a legal tender, which could materialize by end of 2021.
China Briefing
Belt and Road Weekly Investor Intelligence, #42
08/17/2021This week we focus on the wider implications of the Taliban's recent takeover of Afghanistan and what this means for China and the neighboring countries.
Vietnam Briefing
Why Investors Should Consider Vietnam’s Electric Vehicle Market
08/17/2021Vietnam Briefing highlights the electric vehicle market in Vietnam and the opportunities for investors despite the challenges.
China Briefing
China BITs: How to Use Investment Agreements
08/17/2021China’s Ministry of Commerce released a new guide to help companies understand bilateral investment treaties (BIT). We offer an overview of the guide and explain what rights investors enjoy under a China BIT.
ASEAN Briefing
Philippines and Brunei Sign Double Tax Avoidance Treaty
08/16/2021The Philippines and Brunei have signed a double taxation avoidance treaty that will eliminate double taxation on the income generated from cross-border transactions.
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.