China released the much-anticipated policy framework for the three new FTZs. In Part 1 of this article, we provide detailed information of the general plan of the Guangdong Free Trade Zone and discuss the lifted restrictions on foreign investment across a wide array of sectors such as tourism and financial industries.
In China, it is now up to companies (including foreign companies) to contribute to an employee’s social welfare. In this article, we highlight what a firm's obligations are and discuss how the system differs between Shanghai and Beijing.
In this additional article from our magazine "Managing Your Accounting and Bookkeeping in China," we explain how to purchase fapiao paper and how to purchase and install a fapiao printer.
Located on the northwest coast of Java, Jakarta is the capital of Indonesia and the largest city in the country. Strategically located in the archipelago, Jakarta serves as the gateway to the rest of the country. In this article, we the city's key industr
With China recently allowing wholly foreign invested medical institutions in the Shanghai Free Trade Zone, dentistry is one step out of the waiting room. Outside of the FTZ, however, investment remains limited to JVs. Apart from the regular set-up requirements, additional steps need to be taken as well.
We would like to update you on recent regulations on implementation of the new tax law, project investor selection and new tariff lines applied for products imported directly from Japan.
In this week's China Regulatory Brief, we discuss the simplified management rules for obtaining the VAT general taxpayer status, the adjusted monthly minimum wage levels in Tianjin, and the draft amendments to the Patent Law.
This week's China Regulatory Brief covers the first cross-border e-commerce pilot zone to be launched in Hangzhou and the new Guidance Catalogue for Foreign Investment Industries.
As the cost of manufacturing in China continues to rise, the search for ever-more competitive products becomes increasingly important. While higher incomes in China have an upside, the reality is that a combination of rising wages, welfare and operational costs is encouraging the Asian supply chain to move.
There are a number of important ASEAN regional meetings taking place in November, including the Meeting of the Committee of Permanent Representatives to ASEAN and the 25th ASEAN summit, which will also be attended by high level representatives of China, Japan, Korea, India, the United States, and Australia.
There are a number of important ASEAN regional meetings taking place in October, including two events related to intellectual property rights in Manila, and committee meetings on ASEAN-Korea and ASEAN-Japan bilateral relations.
At the most recent meeting of the Ayeyawadi – Chao Phraya – Mekong Economic Cooperation Strategy (ACMECS) organization, tourism officials from Vietnam, Laos, Cambodia, Thailand, and Myanmar agreed on the need to urge their respective governments to ease travel restrictions and push forward on the implementation of a single visa policy for all of the countries. The meeting was held at this year’s International Travel Expo in Ho Chi Minh City (HCMC).