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India Briefing
Tax Advisory for Remote Workers in India: Optimizing Savings
12/10/2024We discuss key tax considerations, compliance requirements, and strategies to optimize savings for remote workers in India.
Vietnam Briefing
Driving Growth: Business Opportunities in Vietnam's North-South High-Speed Railway Project
12/10/2024We explain how Vietnam's North-South high-speed railway project will upgrade its underdeveloped rail system and boost logistics performance.
ASEAN Briefing
Apple’s US$1 Billion Bet on Indonesia: Local Compliance and Market Growth
12/10/2024Apple’s US$1 billion investment aims to meet Indonesia’s local content rules, lifting the iPhone 16 ban and boosting market growth in Southeast Asia.
Middle East Briefing
UAE Introduces Domestic Minimum Top-up Tax from 2025, Considering Incentives for Innovation and High-Value Employment
12/10/2024The UAE Ministry of Finance has announced pivotal amendments to Federal Decree-Law No. 47 of 2022 on the Taxation of Corporations and Businesses, including the introduction of the domestic minimum top-up tax (DMTT) and proposed tax incentives to boost R&D and create high-value employment.
China Briefing
New Guide for Cross-Border Personal Data Transfers in the GBA: A Roadmap for Compliance and Security
12/09/2024The Technical Committee for Information Security Technology (TC260) has released a new guide to standardize cross-border personal data transfers between the Chinese Mainland and Hong Kong within the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). This guide introduces enhanced security standards and mutual recognition mechanisms, aiming to facilitate smoother data flows while ensuring robust protection of personal information.
India Briefing
India’s Electronics Manufacturing: Tackling Challenges, Seizing Opportunities
12/09/2024India's electronics manufacturing sector is evolving, fueled by government initiatives, rising domestic demand, and a focus on self-reliance.
Vietnam Briefing
Vietnam’s Top Investors and FDI Beneficiaries – January to November 2024
12/09/2024Vietnam’s top investors in 2024 (January-November) were Singapore with US$9.14 billion, followed by South Korea, China, Hong Kong, and Japan, dominating 77 percent of total investments.
Vietnam Briefing
Vietnam-Singapore Partnership Advances with Focus on Sustainability, Investment, and Trade
12/09/2024Vietnam and Singapore seek to upgrade bilateral ties to a comprehensive strategic partnership, focusing on sustainable economic cooperation, legislative collaboration, and emerging sectors like green logistics and clean energy.
China Briefing
US-China Relations in the Biden Era: A Timeline
12/09/2024Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
Middle East Briefing
Kuwait Proposes 15% CIT in 2025 Amid Phased Tax Reform
12/09/2024The draft Business Profits Tax Law introduces major changes to the corporate income tax regime in Kuwait. MNCs should note compliance rules.
Middle East Briefing
Saudi Arabia Takes Steps Towards Environmental Sustainability: COP16 and National Green Initiatives
12/09/2024Saudi Arabia offers numerous business and commercial opportunities for foreign investors, especially as the Kingdom undergoes a transformative shift towards sustainability, diversification, and modernization.
Middle East Briefing
Israel’s Osek Za’ir: A Simplified Tax System for Small Businesses
12/09/2024The Osek Za’ir tax system promises to save time, reduce costs, and provide small business owners in Israel with much-needed financial relief.