Business updates and special topic events, specially curated to for global foreign investors in Asia

June 20, 2024

20 June 2024	View in Browser

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

ASIA EDITION


TOP STORIES THIS WEEK:


Guide to HR Compliance and Best Practices in China – New Publication

The Guide to HR Compliance and Best Practices in China explains key considerations for foreign employers from hiring to staff management and compliance with legislative updates and data security laws.


Vietnam Sets Record for Newly Established Firms in the First Five Months of 2024

Nearly 65,000 firms entered Vietnam’s market in the first five months of 2024, marking the highest record ever with a 4.5 percent year-on-year increase.


IT/ITES in Karnataka Get Labor Law Exemption for Five More Years

Karnataka has extended the exemption for IT/ITES and knowledge-sector companies from certain provisions of the Industrial Employment (Standing Orders) Act for five more years, beginning June 10, 2024.


Indonesia’s VAT Rate to Increase in 2025: How Businesses Can Get Ready

The Indonesian government is expected to impose a 12 percent value-added tax (VAT) in 2025, an increase of 1 percentage point from the current VAT rate.


Economic Substance Regulations in the UAE 2024: Key Insights and Deadlines

The UAE’s Economic Substance Regulations require entities engaged in specified activities to submit annual notifications and reports. We discuss the compliance requirements and deadlines for 2024.

We hope you're enjoying this Asia Edition.

To receive any of our other complimentary regional editions, including China, ASEAN, Vietnam, India, or Middle East you can add or change subscriptions. Or newly subscribe a friend.


COMPLIMENTARY BUSINESS RESOURCES:


From Recruitment to Retention: India HR Insights for 2024

This issue offers an essential guide for foreign invested firms to attract and retain the best talents in India’s dynamic hiring environment.


Complying with Vietnam’s Personal Data Protection Decree

This report dives into the respective regulations that encompass Vietnam's personal data protection regime, with particular emphasis on the Personal Data Protection Decree.


An Introduction to Doing Business in Hong Kong 2024

This comprehensive guide is ideal for investors entering the Hong Kong market and for existing businesses to stay informed.


UPCOMING EVENTS FOR ASIA:


[SP] La Nueva Ley de Sociedades de China: ¿Qué Necesitas Saber a Partir del 1 de Julio 2024?

Webinario \| Lunes, 24 de Junio de 2024 \| 10:00 – 11:00 AM Madrid / 5:00 – 6:00 PM China


India HR & Payroll 2024: Essential Insights for Global Businesses Expanding into India

Webinar \| Tuesday, June 25, 2024 \| 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time


Indonesia's Top 5 Investment Sectors: Key Considerations and Challenges

Webinar \| Tuesday, June 25, 2024 \| 2 PM Jakarta / 3 PM China / 9 AM CET

Subscribe | Preferences | Unsubscribe | Terms of use | About us