News Across Asia - Page 6

Vietnam Briefing

Explore Vietnam’s New Law on State of Emergency: A Formalized Framework for Crisis Governance

04/06/2026

Effective July 1, 2026, Vietnam's Law on the State of Emergency formalizes the government’s emergency response powers during crises.

India Briefing

India's Tax Compliance Deadlines for April & May

04/06/2026

FY 2026-27 represents a transition in India’s tax compliance calendar, with the new framework taking effect April 1. Businesses and investors face a dual-responsibility period: closing out obligations for the previous year under the old law while adopting new reporting structures for current transactions.

China Briefing

China’s Strategy for Overseas Investment in the 15th Five-Year Plan

04/06/2026

China's new Five-Year Plan signals a more cautious, technology-driven approach to overseas investment, with greater emphasis on protecting Chinese assets abroad.

India Briefing

US Pharma Tariff 2026: Decoding the 100% Patented Drug Levy and the Generic Exemption

04/03/2026

The US administration under President Donald J. Trump has implemented a 100% tariff on patented pharma products to curb import dependence. While Indian generics are exempt for now, a one-year review and API onshoring rules signal long-term shifts.

China Briefing

China Monthly Tax Brief: March 2026

04/03/2026

March 2026 saw intensive regulatory activity across China’s tax and customs regime, with new national and local policies reshaping incentive access and compliance expectations. FIEs should closely assess both emerging risks and streamlined opportunities arising from these reforms.

Vietnam Briefing

2026 Vietnam Public Holiday Schedule: No Nine-Day April Break Planned

04/03/2026

Vietnam's government has confirmed that there will be no policy to swap working days to extend public holidays in April 2026.

China Briefing

A Guide to Global Minimum Tax in Hong Kong – Compliance Requirements for MNEs (Part II)

04/03/2026

In-scope MNEs must designate filing entities, align GloBE calculations with local requirements, and secure Pillar Two Portal access ahead of the first deadlines.

Middle East Briefing

UAE Commercial Companies Law Amendments: What Investors Need to Know

04/03/2026

The UAE had introduced significant reforms to the Commercial Companies Law, expanding flexibility for LLC share structures, strengthening investor exit rights, and enabling company re-domiciliation between mainland and free zones.

India Briefing

India's EMI Scheme 2026-2028: New Deferred Customs Duty Facility for Eligible Manufacturer Importers

04/02/2026

The Eligible Manufacturer Importers, or EMI scheme, effective from April 1, 2026, to March 31, 2028, allows compliant Indian manufacturers to move from transaction-based payments to a monthly consolidated duty cycle.

China Briefing

China Customs Compliance Alert: GAC’s New Credit Management Rules Effective April 1

04/02/2026

China’s Customs has implemented new enterprise credit management rules effective April 1, 2026, replacing the 2021 regime. The reforms affect all importers and exporters, with material implications for compliance strategy, risk exposure, and access to customs facilitation benefits.

India Briefing

India Refines RELIEF Support for West Asia Exports; Focus on Shipments Till June 15

04/02/2026

India launched the RELIEF initiative in 2026, with a budgetary outlay of INR 4.97 billion, to support exporters amid West Asia disruptions. Explore ECGC insurance tiers and MSME freight reimbursements.

India Briefing

Remote Work in India: Legal Framework, Employee Rights, and Compliance Guide for Employers

04/02/2026

Navigate WFH and remote work compliance in India under the new 2026 Labor Codes. Learn about employer obligations for payroll, provident fund (PF), tax, and employee rights.