New Data Security Risk Assessment Rules for Industry and Information Technology Sectors

Companies processing “core” and “important” data in the industrial and information technology sectors must comply with China data security assessment requirements introduced in 2022. A new set of trial rules clarifies how to conduct these assessments, covering the required scope, submission instructions, and legal liabilities for non-compliance.

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India Briefing

Discussions for a New Electronic Components PLI Scheme in India: What We Are Hearing


India is reportedly planning a new production-linked incentives (PLI) scheme for electronic components, targeting a value addition of 35-40 percent to replace the expired SPECS program and complement existing PLI programs.

ASEAN Briefing

Singapore-China Bilateral Relations: Trade and Investment Outlook


The evolving trade and investment landscape between Singapore and China reflects both enduring cooperation and emerging challenges as intensified industrial competition reshapes key sectors.

China Briefing

China’s National Financing Credit Service Platform: Insights and Impact


In the first half of 2024, China has actively developed a National Financing Credit Service Platform to bolster the private sector by enhancing financial support.

Vietnam Briefing

Vietnam Government Proposes Extending 2% VAT Reduction on Specific Goods and Services till End of 2024


The Vietnam Government has submitted a proposal to the National Assembly to extend the current value added tax (VAT) reduction from 10 percent to 8 percent until December 31, 2024, as outlined in Decree 94/2023/ND-CP in accordance with Resolution No. 110/2023/QH15.

Middle East Briefing

Corporate Establishment in the UAE Mainland – A Guide for Foreign Investors


Setting up a company in the UAE mainland offers numerous opportunities for investors. We discuss key corporate establishment procedures, options for streamlined bureaucracy, and approvals required.

Vietnam Briefing

Vietnam’s 2024 Law on Credit Institutions


The Government of Vietnam and the National Assembly officially approved the draft 2024 Law on Credit Institutions on January 18, 2024, at the fifth extraordinary session of the 15th National Assembly.

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



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It has been produced by Dezan Shira and Associates since 1999.

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