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Vietnam Briefing
Vietnam Tops Global Greenfield FDI Project Rankings
07/17/2015Vietnam has come first in a ranking of countries for greenfield foreign direct investment in a study carried out by Financial Times data division fDi Intelligence.
China Briefing
China Regulatory Brief: Simplified Procedures for Work Visa Applications
07/06/2015In this week's China Regulatory Brief, we talk about the simplified procedures for work visa applications, relaxed requirements for foreign talents to obtain a permanent residence permit in China, Shenzhen to abolish company's name pre-approval and the six overseas offices of the Shanghai FTZ.
China Briefing
China's VAT Amongst Highest in Asia
07/06/2015China's basic consumption tax - in this case VAT - is amongst the highest in Asia, which may partially account for its sluggish approach to becoming a consumer driven economy. China's 17 percent rate outstrips developed economies such as Japan at 8 percent, Singapore at 7 percent and India, whose rate approaches 15 percent at the higher end.
China Briefing
Understanding China’s Accounting Practice: Chinese GAAP vs. China’s Tax System
07/03/2015One of the most challenging tasks for foreign investors in China might be to fully understand the financial statements prepared for their entities. In this article, we walk investors through the accounting practice in China, as well as explain the differences between China’s tax system and Chinese GAAP.
China Briefing
The Housing Fund in China - What Investors Need to Know
06/25/2015The Housing Fund is a unique feature of the Chinese welfare system, allowing employees to save money to pay for and maintain their own accommodation. Both employers and employees must make regular contributions into the Housing Fund.
Vietnam Briefing
Visa Waiver for Citizens of France, Germany, Italy, Spain, and the UK - The Real Impact
06/19/2015Vietnam appears to be opening up to foreign tourists by waiving visa requirements for citizens of the five EU countries France, Germany, Italy, Spain and the UK.
China Briefing
China-ASEAN Business Cost Intelligence
06/19/2015Our ASEAN Briefing site has recently completed a detailed nine-part series on the cost of doing business in ASEAN compared with China. The series demonstrates that there is a developmental hierarchy amongst ASEAN nations.
China Briefing
China Regulatory Brief: Relaxed Requirements for Obtaining Permanent Residency in China
06/15/2015In this week's China Regulatory Brief, we talk about the relaxed requirements for foreigners to apply for the permanent residence permit in China, new regulation on approval and filing of investment project, and pre-tax deduction policies for employee's education expenditure.
Vietnam Briefing
Vietnam May Loosen Tourist Visa Restrictions
06/11/2015Vietnam may loosen tourist visa restrictions to allow visa-free entry to tourists from Australia, Canada, France, Germany, India, Italy, New Zealand, Spain, and the UK.
China Briefing
China Outbound: Tax Incentives Boost Investment into Asian Countries
06/01/2015In this edition of China Outbound, we look into the tax policies and certain tax rates implemented in Asian countries. Elsewhere, we explain the "China Plus One" mode and why investors are suggested to move their factories to India.
China Briefing
China Launches New Preferential Tax Policies for Small Low-Profit Enterprises
05/29/2015The development of SMEs contributes over 60 percent to China’s total GDP growth and has become a major drive of the country’s economic advancement. Learn more about the new tax break policies for small low-profit enterprises in China in this article.
China Briefing
China to Maintain Current Local Tax Incentives for Foreigners
05/27/2015Foreign investors can breathe more easily now that the State Council has announced that existing tax incentives will stay in place. The central government had announced earlier that all incentives for foreign investors granted by local governments without State Council approval would be cancelled.