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News Across Asia

China Briefing

Israel's Innovation Aligns with China's Policy Priorities: Unlocking Investment Opportunities

02/14/2024

China and Israel share similar economic priorities, with Israel's strengths in areas such as HealthTech, AgriTech, Greentech, and Cleantech, offering significant collaboration opportunities.

India Briefing

India's New Tax Compliance Law Impacting MSMEs: Section 43B(h) Explained

02/14/2024

We discuss why specified companies could face higher taxable incomes under section 43B(h) of the Income-tax Act, 1961, due to delayed payments to MSME suppliers.

Vietnam Briefing

Taxes for Foreign E-commerce Firms Earning an Income in Vietnam

02/14/2024

Foreign e-commerce firms selling goods or services in Vietnam are now required to pay foreign contractor tax. Here's what foreign firms should know about this latest development.

ASEAN Briefing

Navigating Personal Data Protection in Indonesia

02/13/2024

Indonesia's personal data protection law states the types of legal basis for obtaining and processing personal data as well as the criminal and administrative sanctions for non-adherence.

Vietnam Briefing

Vietnam’s 2024 Land Law: Significant Amendments and Key Changes

02/13/2024

The 2024 amended Land Law in Vietnam brings significant changes to land valuation, rent payments, land use terms, and dispute resolution mechanisms.

China Briefing

Investing in China’s Anti-Aging Market: Trends and Opportunities

02/13/2024

We discuss business prospects in the dynamic anti-aging market in China, which covers various product segments as well as medical and aesthetic treatments, and is popular among all age groups.

Middle East Briefing

UK Rolls Out Two-Year Multiple Entry Visa Scheme to Gulf, Jordanian Citizens

02/13/2024

The UK has expanded a two-year multiple-entry visa scheme to citizens of Bahrain, Kuwait, Oman, the United Arab Emirates (UAE), Saudi Arabia, and Jordan.

ASEAN Briefing

Taxation of Foreign Sourced Income in Thailand Begins in 2024

02/12/2024

Instruction No. Paw 161/2566 states that Thai taxpayers who derive assessable income from abroad must pay tax on that income after bringing such income to Thailand.

India Briefing

Emerging Technologies Supporting Your India Retail Strategy: Location Analytics

02/12/2024

We discuss how technology-enabled tools are allowing retailers to optimize their India market strategy using location analytics.

China Briefing

China Extends 15% CIT Rate to Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone

02/12/2024

Certain businesses in Hetao Shenzhen-Hong Kong Science and Technology Innovation Cooperation Zone (HTCZ) will qualify for a 15 percent corporate income tax (CIT) rate. We discuss the eligibility criteria and explain China's preferential CIT policy.

Vietnam Briefing

Settling Business Disputes: Commercial Arbitration in Vietnam

02/12/2024

Vietnamese law permits the inclusion of dispute resolution clauses in commercial contracts through the Commercial Arbitration Law of 2010. Here's a breakdown of key provisions of the law and what foreign firms should pay attention to.

Middle East Briefing

UAE Economic Outlook 2024: Resilience, Growth, and Strategic Initiatives

02/12/2024

UAE's central bank predicts a 5.7% GDP growth for the country in 2024, supported by the performance of key non-oil sectors like real estate, tourism, and transportation.

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