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China Briefing
China Lowers Corporate Income Tax Liability for Small and Low-Profit Enterprises
04/20/2021China's tax body has clarified a preferential corporate income tax (CIT) policy for small and low-profit enterprises and individual businesses, in place till December 31, 2022.
ASEAN Briefing
Termination of employment in Singapore
04/20/2021Termination of employment in Singapore can be implemented by either the employee or the employer.
China Briefing
Belt and Road Weekly Investor Intelligence, #25
04/20/2021In this week's edition, we look at BRI linkages between Central and South Asia, Guangzhou's plan to be an RCEP e-commerce hub, and the UK's trade strategy.
China Briefing
How Can Foreigners Enter China Under the COVID-19 Travel Restrictions?
04/19/2021This article offers China entry guidance to the different categories of foreigners based on their visa type, inoculation status, nationality, and so on.
China Briefing
How the UK Can Look to China’s Example in Developing New Global Trade Ties
04/19/2021In his latest op-ed, Chris Devonshire-Ellis makes the case for how the UK could model its post-Brexit trade and investment partnerships along the BRI route.
China Briefing
China and the RCEP: Guangzhou Becomes First City to Issue Special Cross-Border E-Commerce Measures
04/16/2021Guangzhou is the first city in China to issue special policies to help the local business community benefit from the RCEP.
ASEAN Briefing
The Philippines CREATE Act Comes into Effect, Pushing for Accelerated Economic Recovery
04/16/2021The CREATE Act is a time-bound and tailor-made set of corporate and tax reforms to counter the effects of COVID-19 on the Philippines’ economy.
India Briefing
Haryana Reserves 75% Private Sector Jobs for Locals, In Force from May 1, 2021
04/16/2021As the north Indian state of Haryana looks to implement an employment quota in the private sector, we assess the government rationalisation and its potential market impact.
China Briefing
China Raises Pre-Tax Additional Deductions for R&D Expenses of Manufacturing Firms
04/15/2021China has increased the ratio of additional deduction on manufacturing firms’ R&D expenses from 75 percent to 100 percent.
ASEAN Briefing
Changes to Social Security Rates in Indonesia for 2021
04/15/2021Indonesia has increased its social security premiums for Class III participants but has reduced the maximum wage base for pensions for 2021.
India Briefing
GST Applicability on Job Work in India
04/15/2021We explain how India's GST regime benefits manufacturers/suppliers and job workers, what are the rules of compliance, and how the tax incidence is assessed.
ASEAN Briefing
Singapore Faces Succession Setback, but Should be Business as Usual
04/14/2021On April 8, 2021, Deputy Prime Minister Heng Swee Keat announced that he will step aside as the successor to Prime Minister Lee Hsien Loong.