Key Considerations for Expatriates Planning to Work in India

2022-05-23

We discuss some of the important tax, HR, and payroll considerations for expatriates when choosing to relocate to India for work or other purposes. This article discusses the types of jobs open to foreign nationals, local living conditions and related concerns, the taxation regime and reporting requirements, and access to social security. This information will hold value for foreign hiring managers as well.

Featured Business News

China Briefing

China Eases its Technology Sector Crackdown: Recent Developments

05/23/2022

Senior officials have signalled the gradual easing of the China tech crackdown through a series of policy documents promoting the sector’s development. This move will alleviate investor concerns and potentially help the country battle current economic headwinds. In this article, we discuss the potential easing of regulatory measures on the technology sector and how events are expected to unfold in 2022 and beyond.

Vietnam Briefing

Vietnam Issues Guiding Regulations on Trade Remedies in RCEP: Circular 7

05/20/2022

Vietnam’s Ministry of Industry and Trade issued Circular 7 on guiding the implementation of trade remedies in the Regional Comprehensive Partnership Agreement (RCEP). Vietnam Briefing details what are trade remedies and how Circular 7 will tackle trade remedy measures for businesses using the RCEP.

China Briefing

Tax Incentives Available to Businesses Impacted by the Shanghai Lockdown

05/23/2022

Over the past two years, China has issued a range of tax policies to help ease the tax burden of businesses hit by the COVID-19 pandemic. As Shanghai continues to battle the worst outbreak of COVID-19 the country has seen since early 2020, the city has begun rolling out additional measures to help struggling businesses. Here we summarize the applicable national and Shanghai tax incentives, rebates, exemptions, and extensions that businesses can access during the current COVID-19 outbreak.

ASEAN Briefing

Moving Away from Oil: How Can Brunei Diversify its Economy?

05/23/2022

Brunei is heavily dependent on its hydrocarbon resource wealth, which provides more than half of the nation’s income. The government has highlighted its concerns about the nation’s oil dependence, which leaves it vulnerable to economic shocks. Brunei sees diversification as integral to its economic development and has outlined plans to reduce oil dependency and develop other industries.

Vietnam Briefing

Tax, Accounting, and Audit in Vietnam 2022 – New Publication from Dezan Shira & Associates

05/20/2022

Vietnam Briefing’s Tax, Accounting, and Audit Guide for 2022, produced in collaboration with our tax experts at Dezan Shira & Associates, aims to provide an overview of taxes for businesses and individuals in Vietnam, as well as fundamental accounting and audit information in the Vietnamese business context. It is a complimentary download. A strong understanding of tax liabilities enables foreign investors to maximize the tax efficiency of their investments while ensuring full compliance with all tax laws and regulations.

China Briefing

China Business Sentiment Surveys: Foreign Companies Remain Committed Despite Headwinds

05/20/2022

Company surveys conducted by foreign chambers of commerce in China have shown that while business confidence is shaken by the recent disruptions, most foreign companies still view the country to be an essential market, key to global competitiveness. In this article, we discuss key concerns highlighted by foreign businesses and what factors will shape the long-term outlook. There continues to be an underlying confidence in doing business in China – illustrated by high FDI inflows and better than expected Q1 results posted by some export-facing businesses.

05/23/2022
Iran Air Cargo & Passenger Transits Up 128% On 2021

Silk Road Briefing
05/23/2022
Thailand Wants To Increase Russia Bilateral Trade To US$10 Billion By 2023

Russia Briefing
05/23/2022
Key Considerations for Expatriates Planning to Work in India

India Briefing
05/23/2022
Foreign Ministers Hold BRICS Plus Expansion Discussions

Silk Road Briefing
05/22/2022
China’s Belt & Road And Beyond – May 23 2022

Silk Road Briefing
05/22/2022
Russian Sanctions Echo The 2018 US-China Tariff War

Russia Briefing

The Bigger Picture

Silk Road Briefing

Iran Air Cargo & Passenger Transits Up 128% On 2021

05/23/2022

The Ukraine conflict has resulted in unexpected increases in trade flows east, with one of the beneficiaries being Iran. This is because the International North-South Transportation Corridor (INSTC), originally intended as a link to boost India-Iran trade, has now become a key part of the far wider Southern Route between Europe and Asia as the EU’s Northern border with Russia remains closed. Iranian INSTC trade routes between Europe and Asia are flourishing but when will the EU be pressured into conducting its trade purely with North America?

Russia Briefing

Thailand Wants To Increase Russia Bilateral Trade To US$10 Billion By 2023

05/23/2022

Thailand and Russia are ready to boost bilateral trade to US$10 billion in 2023, Jurin Laksanawisit, Thailand’s Minister of Commerce Minister said on Saturday. Jurin was speaking after talks with Russia’s Economic Development Minister Maxim Reshetnikov on the sidelines of the APEC meeting in Bangkok. Bangkok is following the trend for ASEAN nations to establish Free Trade Agreements with the EAEU

Silk Road Briefing

Foreign Ministers Hold BRICS+ Expansion Discussions

05/22/2022

Is BRICS+ an alternative to the G20? An online meeting of potential BRICS+ Foreign Ministers was held last Friday (May 20) in which the FMs of Brazil, Russia, India, China, and South Africa (BRICS) were joined by the FMs or representatives from Argentina, Egypt, Indonesia, Kazakhstan, Nigeria, the UAE, Saudi Arabia, Senegal, and Thailand with a view to them joining an expanded organisation.

Russia Briefing

Russian Sanctions Echo The 2018 US-China Tariff War

05/22/2022

Kazakhstan is a clear winner as geopolitics reshape Central Asia, like the impact of the US tariffs on China (a form of sanctions) to spur the country to adopt policies that would develop its own consumer market. Russian reactions to sanctions are already having a similar effect. We can start to look forward to a slew of new investment laws and state development policies from the end of this year and into 2023 as Russia adapts to a new reality and countries such as Kazakhstan (and Uzbekistan) get to share more in Russia's gigantic, if slow-moving potential.

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

CONTACT OUR PROFESSIONALS HERE

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No-One Has Noticed, But Asia Has Moved 9,000km West

May 23rd, 2022 Read Article

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ASEAN

Moving Away from Oil: How Can Brunei Diversify its Economy?

05/23/2022

Brunei sees diversification as integral to its economic development and has outlined plans to reduce oil dependency and develop other industries.

05/19/2022
Why Does the US-ASEAN Special Summit Lack Substantial Value?

Economy & Trade
05/17/2022
What a Ferdinand Marcos Jr Presidency Will Mean for Foreign Investors in Philippines

Economy & Trade
05/13/2022
The RCEP to Encourage Investments in Indonesia’s Downstream Industries

Economy & Trade
05/20/2022
Labuan Companies Amendment Bill 2022: Key Updates

Legal & Regulatory
05/18/2022
Beware the Post-Covid, Partial-Opening Up Of ASEAN

Economy & Trade
05/17/2022
An Introduction to Doing Business in Singapore 2022 – New Publication from Dezan Shira & Associates

Economy & Trade

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China

China Eases its Crackdown on the Technology Sector: Recent Developments

05/23/2022

Is China's technology sector out of the regulatory woods? We look at the signs and discuss the outcomes of recent meetings and language spoken by policymakers.