The annual confirmation for Individual Income Tax (IIT) special additional deductions 2025 will end soon. Individuals, including expatriates in China, should check their eligibility for these deductions before December 31.
The healthcare market in China presents an alluring opportunity for global investors, but it is highly regulated and fiercely competitive. We discuss key business prospects and strategic considerations for foreign investors.
China has initiated a new round of foreign investment relaxation pilots in selected cities, permitting foreign investment in cell and gene therapy as well as wholly foreign-owned hospitals.
The growing trade and investment relationship between China and Denmark not only reflects mutual economic interests but also highlights the complementary strengths of each nation.
Vietnam's new Decree No. 147/2024 introduces stringent regulation for internet services, imposing stricter compliance on onshore and offshore providers and reshaping access, content moderation, and user data management.
Effective December 1, 2024, foreign nationals entering China will no longer be required to obtain a physical Foreigner’s Work Permit. Instead, they can apply for an electronic social security card via a designated app.
India's PAN 2.0 Project will modernize India taxpayer services with a unified portal, QR code-enabled PAN cards, and paperless processes, enhancing business compliance and operational efficiency.
The Red River Delta province of Nam Dinh is set to expand its industrial landscape with the establishment of two new industrial clusters: Thang Cuong and My Thuan.
The Vietnam-South Korea Investment Cooperation Forum 2024 discussed expanding SME collaboration and integrating Vietnamese SMEs into global value chains. The Vietnamese government urged South Korean businesses to support this integration and establish R&D centers in Vietnam.