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News Across Asia

India Briefing

India Considers Relaxing Forex Rules for SEZ Services in Critical Sectors

12/19/2024

India is exploring easing foreign exchange payment rules for domestic companies availing SEZ services in defense and space sectors.

Vietnam Briefing

Q&A: Personal Income Tax Finalization in Vietnam

12/19/2024

We touch on some frequently asked questions on the personal income tax (PIT) finalization obligations of employers and employees in Vietnam, including deadlines.

ASEAN Briefing

Why BYD, GAC Aion, and Citroen are Betting Big on Indonesia’s EV Market

12/19/2024

Learn why BYD, GAC Aion, and Citroen are investing in Indonesia's EV market, driven by tax incentives and the country’s rich nickel reserves.

ASEAN Briefing

Navigating Data Protection Laws in ASEAN-6: A Guide for Foreign Investors

12/19/2024

Comply with data protection laws in ASEAN-6 markets—Indonesia, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. Key insights for investors.

ASEAN Briefing

Tax Implications for 13th Month Pay and Christmas Bonuses in the Philippines

12/18/2024

Learn how 13th Month Pay and Christmas bonuses are taxed in the Philippines. This guide covers the tax-exempt threshold, calculation examples, and practical tips for employees and employers.

India Briefing

India’s SEBI Tightens Rules, Reporting Norms for Foreign Portfolio Investors

12/18/2024

India's SEBI has introduced a framework that limits foreign portfolio investors (FPIs) from issuing offshore derivative instruments (ODIs) with derivatives as their underlying assets with the goal of improving transparency and preventing market manipulation.

China Briefing

China’s Economy in November 2024: Mixed Signals amid Persistent Challenges

12/18/2024

China's economy showed mixed performance in November 2024, with industrial production and exports showing resilience, while retail sales and fixed asset investment underperformed, amid ongoing challenges.

Vietnam Briefing

Overtime Regulations and Compensation in Vietnam

12/18/2024

Understand current regulations on working hours, circumstances when overtime is triggered, and compensation for a variety of overtime working hours in Vietnam.

Middle East Briefing

An Introduction to Doing Business in the UAE 2025 - New Publication Out Now

12/18/2024

An Introduction to Doing Business in the UAE 2025 is your definitive resource for understanding and succeeding in one of the world’s most vibrant business environments.

China Briefing

China Further Expands the 144-Hour Visa-Free Transit Policy- A Complete Guide

12/18/2024

China has expanded the 144-hour visa-free transit to a 10-day stay, adding 21 new ports and increasing the total number of visa-free entry/exit points to 60 across 24 provinces.

Middle East Briefing

Qatarisation Law No. 12/2024: Implications for Qatar’s Construction Sector and Private Enterprises

12/18/2024

Qatar’s new Qatarisation Law No. 12/2024, effective from April 2025, will necessitate strategic adjustments to recruitment, training, and compliance frameworks for private sector firms.

India Briefing

Switzerland to Suspend MFN Clause for India under DTAA from January 1, 2025

12/17/2024

Switzerland has announced its suspension of the Most Favored Nation (MFN) status for India under their DTAA over differing interpretations on their tax treaty provisions. Starting January 1, 2025, dividend payments from Swiss entities to Indian investors will be taxed at 10 percent, up from 5 percent.

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