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Tax & Accounting

China Briefing

China Briefing

China Monthly Tax Brief: January 2025

02/07/2025

In this monthly China tax brief for January 2025, we spotlight policies and measures just announced or scheduled for implementation.

China Briefing

Guide to Accounting and Audit in China 2025 – New Publication from China Briefing

01/23/2025

This guide provides foreign businesses with a step-by-step walkthrough of the annual audit and compliance process, along with an introduction to China’s accounting framework. Download it for free!

China Briefing

China Manufacturing Tracker: 2024-25

01/22/2025

Our tracker provides continuous updates on key economic and growth indicators in China’s manufacturing industry. The data for December and the 2024 whole year has now been updated.

China Briefing

Preparing for Chinese New Year 2025: Essential Tips for Businesses

01/16/2025

In this article, we outline essential tips for businesses preparing for the Chinese New Year period, from compliance with labor regulations to financial, tax, and security considerations.

China Briefing

NGO Accounting and Compliance in China: Key Highlights

01/14/2025

In this article, we provide an overview of the current accounting and compliance landscape for NGOs in China, explore the key provisions of the new NGO Accounting System, and highlight the significant changes introduced in the revision.

China Briefing

China Monthly Tax Brief: December 2024

01/06/2025

In this monthly China tax brief for December 2024, we spotlight policies and measures just announced or scheduled for implementation.

India Briefing

India Briefing

Personal Income Tax Changes in India Under the New Regime for FY 2025-26

02/05/2025

India's Union Budget 2025-26 has introduced personal income tax changes under the new regime to spur middle-class spending and boost economic growth.

India Briefing

India’s Union Budget 2025-26 Highlights: Reforms to Drive Economic Growth, Manufacturing, Consumption

02/03/2025

India's Union Budget for 2025-26 introduces key revisions to taxation policies, along with provisions targeting focus industries and MSMEs. The overarching goal is to further simplify business regulations, stimulate middle-class consumption, and promote innovation.

India Briefing

India Clarifies Tax Treaties with Mauritius, Cyprus, and Singapore

01/24/2025

India’s CBDT has issued clarification stating that investments from Mauritius, Cyprus, and Singapore before April 1, 2017, retain favorable capital gains tax rates, even if aimed at tax benefits.

India Briefing

An Introduction to Doing Business in India 2025 - New Publication Out Now

01/08/2025

The 2025 edition of 'An Introduction to Doing Business in India' provides valuable insights for businesses navigating India’s dynamic market, and covers macroeconomic as well as technical considerations like company setup, tax and audit, HR and payroll.

India Briefing

Tax Residency and PoEM in India: An Overview

12/31/2024

We discuss the key aspects of tax residency and PoEM rules in India for businesses operating here to adhere to tax regulations and avoid unforseen tax liabilities.

India Briefing

India's GST Compliance Changes from 2025: What Businesses Need to Know

12/20/2024

Compliance changes under India’s Goods and Services Tax (GST) regime in 2025 include mandatory multi-factory authentication (MFA) for GST portal access and restrictions on E-Way Bill (EWB) generation to curb fraudulent practices. GST registered businesses should note the key requirements and dates of implementation to stay compliant.

Vietnam Briefing

Vietnam Briefing

Vietnam Tax Codes in 2025: An Explainer

02/06/2025

Effective February 6, 2025, Circular 86/2024/TT-BTC will replace Circular 105/2020/TT-BTC, which previously governed tax registration procedures in Vietnam.

Vietnam Briefing

Vietnam’s Personal Tax Code: Key Changes under Circular 86

01/29/2025

Circular 86 will be implemented in two phases: the first phase, effective February 6, 2025, enforces all provisions except for the use of citizen ID numbers in tax-related functions. In the second phase, starting July 1, 2025, ID numbers will officially replace tax codes.

Vietnam Briefing

Vietnam’s New VAT Law: Key Compliance Guidance

01/09/2025

We examine the implications of Vietnam's new Value Added Tax (VAT) Law, set to take effect on July 1, 2025, which introduces significant changes to the country's VAT regulations.

Vietnam Briefing

An Overview of Vietnam’s Environmental Protection Tax in 2025

01/03/2025

On the books since 2010, Vietnam’s Environmental Protection Tax has been a key pillar of Vietnam’s transition to a cleaner, greener economy. In this article, we break down the key details foreign investors should know.

Vietnam Briefing

Q&A: Personal Income Tax Finalization in Vietnam

12/19/2024

We touch on some frequently asked questions on the personal income tax (PIT) finalization obligations of employers and employees in Vietnam, including deadlines.

Vietnam Briefing

Vietnam’s Draft Excise Tax Law: Implications for Stakeholders

12/12/2024

Vietnam's draft excise tax law introduces new bases for calculating the special consumption tax and will impact new goods and services.

ASEAN Briefing

ASEAN Briefing

Indonesia’s Coretax System: Transforming Tax Administration in 2025

01/21/2025

Learn about Indonesia's Core Tax Administration System (Coretax), its benefits, key objectives, and how businesses can prepare for this major change in 2025.

ASEAN Briefing

Audit and Compliance in Malaysia: What's New for 2025

01/20/2025

The Companies Commission of Malaysia has implemented changes to the criteria for audit exemptions.

ASEAN Briefing

Revised Tax Incentive Schemes for Funds in Singapore

01/16/2025

Singapore updates its tax incentive schemes for funds in 2025 with new thresholds and conditions for Sections 13O, 13U, 13D, and 13OA.

ASEAN Briefing

Indonesia’s 12% VAT Increase: What Businesses Need to Know and Prepare For

01/09/2025

Businesses must adjust strategies to manage the impacts of Indonesia’s VAT increase to 12% while ensuring compliance and efficiency.

ASEAN Briefing

What Multinationals Should Know About Singapore’s 15% Tax Rate

01/01/2025

Learn how Singapore's 15% tax rate under BEPS 2.0 impacts multinationals, the revamped tax incentives available, and why Singapore remains a premier hub for global business.

ASEAN Briefing

Tax Implications for 13th Month Pay and Christmas Bonuses in the Philippines

12/18/2024

Learn how 13th Month Pay and Christmas bonuses are taxed in the Philippines. This guide covers the tax-exempt threshold, calculation examples, and practical tips for employees and employers.

Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.
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