News Across Asia - Page 57

China Briefing

Asia Transfer Pricing Brief: Q3 2024

10/30/2024

In our Asia Transfer Pricing Brief for Q3 2024, we present the latest updates and new guidelines on transfer pricing from the OECD.

China Briefing

China New Pilot Program Removes Foreign Ownership Caps on Telecom and Data Centers

10/30/2024

China officially launched a new pilot program which allows 100 percent foreign ownership of data centers and value-added telecom services.

Middle East Briefing

Dubai Approves Largest Budget Cycle to Drive Sustainable Growth and Innovation (2025-2027)

10/30/2024

Dubai’s 2025-2027 budget, its largest ever at AED272 billion, focuses on sustainable growth, community welfare, and innovation, supporting major infrastructure, social, and digital transformation initiatives aligned with Dubai’s long-term development goals.

Middle East Briefing

Lulu Retail’s IPO Fully Subscribed, Set to List on Abu Dhabi Exchange on Nov. 14

10/30/2024

Lulu Retail's IPO’s offering size is estimated to fall between 501 and 527 crore dirhams. The final offer price will be confirmed on November 6.

India Briefing

FAQs on the Special Valuation Branch (SVB) in India: A Guide for Importers

10/29/2024

By understanding the role and procedures of the Special Valuation Branch in India, businesses importing goods can effectively navigate the complexities of related party transactions and ensure compliance with Indian customs regulations.

ASEAN Briefing

Navigating Indonesia's New Halal Certification Rules

10/29/2024

Learn about Indonesia's updated halal certification rules under GR 42/2024, including new deadlines and business obligations.

China Briefing

China Takes Top Spot on Asia Manufacturing Index 2025

10/29/2024

For the second consecutive year, China ranks first in the Asia Manufacturing Index, maintaining its leadership despite significant shifts in its production landscape and traditional markets.

Middle East Briefing

Strengthening UAE-India Economic Partnership: The 2024 Bilateral Investment Treaty

10/29/2024

The 2024 UAE-India Bilateral Investment Treaty replaces the 2013 Bilateral Investment Promotion and Protection Agreement (BIPPA) that expired in September this year. We discuss key provisions of the BIT that aims to balance investor protections with state regulatory autonomy.

Vietnam Briefing

Tax Obligations for Resident and Non-Resident Property Owners in Vietnam

10/29/2024

Foreign property owners in Vietnam, both resident and non-resident, are required to adhere to the same tax regulations as Vietnamese citizens.

India Briefing

Why BRICS Matters and India's Strategic Role in the Multilateral Grouping

10/28/2024

India’s engagement in BRICS, as witnessed during the 2024 Kazan Summit in Russia, reflects its dual focus on expanding influence in both Western-led and Global South platforms.

Vietnam Briefing

Special Consumption Tax in Vietnam 2024

10/28/2024

Vietnam's special consumption tax, or excise tax, applies to the production or import of specific luxury and non-essential goods and certain services.

Middle East Briefing

Bahrain to Implement 15% Domestic Minimum Top-Up-Tax on MNEs from January 1, 2025

10/28/2024

Bahrain has introduced a 15% Domestic Minimum Top-Up Tax (DMTT) on profits of Bahraini subsidiaries of large multinational enterprises, effective from January 1, 2025. This marks Bahrain’s first general profit tax beyond the oil and gas sector.