News Across Asia

China’s Health Foods Market: What Makes it Attractive for Foreign Investors

China's health foods market is benefiting from rising disposable incomes among local consumers who are willing to spend more on foreign products.

Investing in Vietnam's Senior Care Market: Assisted Living and Retirement

Vietnam’s market for aged care services is growing rapidly. Here’s what foreign aged care providers should know when considering entering Vietnam’s aged care market.

Singapore's New COMPASS System Set to Roll Out in September

Singapore will introduce a new points system for Employment Pass applicants in September, in addition to higher qualifying salary thresholds.

UAE Business Owners: Be Careful How Much You Pay Yourself

China’s Average Wages - Trends and Implications for Businesses

Average salaries in China have more than doubled over the last decade, but the stats vary greatly from industry to industry, and the gap between private and non-private sector pay is widening.

Optimizing Tax Benefits with India's Hindu Undivided Family (HUF) Business Structure

This article examines the core structure of a Hindu Undivided Family (HUF). It covers its key characteristics, step-by-step setup process, vital factors to consider, and its associated tax benefits.

India’s Tax Compliance Calendar for Businesses in August 2023

We provide a tax compliance calendar for August 2023 that highlights important India income tax and GST due dates and obligations.

Shipbuilding in Vietnam: Opportunities and Challenges for Foreign Firms

Moving forward, there will be ample opportunities for investment and development in Vietnam's shipbuilding industry. With this in mind, here’s what foreign firms should know.

The Normalization of Saudi – Iran Relations: Economic Capacity, Trade Potential and Outlook

China's Tax Incentives for Small Businesses (Updated)

China endeavors to help small businesses survive and thrive. In this article, we introduce the major tax incentives in China to foster small businesses.

China Clarifies 2023 VAT Incentives for Small-Scale Taxpayers and Lifestyle and Production Oriented Services

China has announced 2023 VAT incentives for small-scale taxpayers and production oriented and lifestyle service industries. Here's what businesses need to know.

China's Tax Incentives for the Manufacturing Sector in 2023

We provide an overview of preferential tax policies aimed at promoting growth, innovation, and investment in China's manufacturing sector.