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News Across Asia

India Briefing

India-Mauritius DTAA Amendment Closes Tax Avoidance Loophole

04/16/2024

India and Mauritius have agreed to abide by recent DTAA revisions, which include a PPT clause to prevent any unjustified tax avoidance.

ASEAN Briefing

Thailand Contemplates Protective Tariffs on Chinese Imports Amidst Surging Trade Deficit

04/16/2024

The Thai government is considering imposing a VAT on Chinese goods priced less than 1,500 baht (US$40) that are routed through Thailand’s free trade zones.

Vietnam Briefing

Vietnam Advisory on Swapping of Working Days Around April 30 and May 1, 2024 Holidays

04/16/2024

Vietnam's labor authority MOLISA has proposed a swap of workdays for the 2024 Reunification Day and International Workers' Day holiday.

China Briefing

A Guide to China’s New Company Law for Foreign Investors – New Publication Out Now

04/16/2024

China's New Company Law has far-reaching implications for businesses. In this publication, we guide foreign investors through the changes of the New Company Law for existing and new FIEs and relevant stakeholders.

Middle East Briefing

Understanding the Dubai Unified Licence: Scope and Benefits

04/16/2024

The Dubai Unified Licence (DUL) is issued to existing and newly established businesses operating with either a mainland or a free zone licence.

Middle East Briefing

Unveiling Opportunities: The United Arab Emirates Emerges as a Prime Destination for Entrepreneurs

04/16/2024

The UAE's tax and regulatory environment and lifestyle indices has ranked it as a prime destination globally for entrepreneurs to launch a startup business in 2024 per a new report.

India Briefing

India-Peru Trade Agreement: Bilateral Negotiations Ongoing

04/15/2024

India and Peru are negotiating a bilateral trade agreement that could lower tariffs, address technical barriers to trade, and introduce a dispute resolution mechanism.

China Briefing

Case Study: Strategy and Timing for Success in Cross-Border Dispute Resolution

04/15/2024

Cross-border disputes have been increasing in China. This case study serves as a practical illustration of the available courses of action for foreign suppliers when their Chinese counterparts default on payments.

Middle East Briefing

Saudi Arabia Gives Status Update on NEOM Projects, Downsizes Area Under 'The Line' to 2.4KM

04/15/2024

NEOM, Saudi Arabia's urban megaproject, has revised its development plans for its futuristic city, ‘The Line’ amidst funding challenges. However, the kingdom remains focused on executing other development projects under NEOM, and shared key targets and timelines.

ASEAN Briefing

Navigating Lao E-Commerce: Understanding the Latest Tax Regulations

04/15/2024

The Ministry of Finance of Laos issued regulation number 0558/MOF which sets out the latest guidance regarding tax obligations for e-commerce and digital platform providers.

India Briefing

India-ASEAN Trade Pact: Tariff Anomalies on Goods to be Reviewed

04/12/2024

The India-ASEAN trade pact is under review, with the former hoping to address tariff irregularities on specific goods within the agreement.

India Briefing

Environmental Compliance for Companies in India: Key Legislation and ESG Guidelines

04/12/2024

The environmental compliance landscape in India poses challenges due to uneven law enforcement. We note key reporting requirements.

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