Chris Devonshire-Ellis’s new book, an examination of Chinese President Xi Jinping’s proposed “Silk Road Economic Belt”, is out now and available for purchase on the Asia Briefing bookstore.
In India, an individual’s income is taxed at graduated rates, depending on his/her duration of stay in India and income level. In this article, we outline the rates and calculation methods for both income sources, and summarize common deductions and inclusions in income for expatriates working in India.
Foreign investors are now allowed to establish wholly foreign owned enterprises in the e-commerce sector all across China, the Ministry of Industry and Information Technology announced, expanding the liberalization of China’s e-commerce sector beyond the Free Trade Zones.
Automobile manufacturing and production has skyrocketed in the past years, most notably in Thailand, Indonesia, Vietnam, and Malaysia. In this article, we outline the primary differences between the markets and their implications on foreign companies looking to invest in the industry.
Hiring competent and qualified staff is an integral step in the establishment of any company, and this is particularly true for foreign enterprises. For companies planning to operate within China, employing Chinese nationals can be particularly useful in overcoming linguistic, legal, and cultural barriers.