News Across Asia

Vietnam’s Food Delivery Services Sector: Opportunities and Challenges

Food delivery services have become increasingly popular in Vietnam, providing customers with the convenience of enjoying a variety of cuisines within the comfort of their homes or workplaces. Here’s an overview of the sector.

Russian Investors Developing ‘Little Moscow’ in Dubai

Important Financial Changes in India Effective October 2023: Impact on Businesses

We discuss key financial changes in India starting October 2023, including TCS rule revisions and updates to debit and credit card regulations.

UAE, Philippines, Sign Aviation Cooperation Agreements

India's OIDAR Taxation Shift: Key Changes Effective October 1

Starting from October 1, 2023, OIDAR services provided for non-business purposes in India will no longer be exempt from GST taxation and will be subject to an 18 percent tax.

Managing Tax Avoidance Arrangements in China: Practical Considerations for Businesses

We introduce tax avoidance arrangements as defined by Chinese tax authorities, discuss standard procedures for special tax investigations related to arrangements lacking reasonable commercial purposes, and provide practical suggestions for mitigating associated tax risks.

Digital Services in India: Tax Applicability and Compliance

In India, 18% GST tax is applicable on digital services categorized as 'OIDAR'. We explain what services are considered OIDAR and relevant GST compliance.

Vietnam's Cybersecurity Administrative Action Draft Decree

The third draft of Vietnam's Cybersecurity Administrative Action Decree (CASD), set to take effect on December 1, 2023, brings forth crucial regulatory changes in the realms of cybersecurity and data protection. Here are the details.

Investing in Indonesia: The 2023 Mid-Year Investment Report

In this H1 2023 Indonesia investment report, we discuss the performance of standout sectors and highlight areas ripe for foreign capital infusion, business development, and trade expansion.

Investment Outlook for India’s Startup Ecosystem in 2023

We explore India's startup investment trends during the funding winter since H2 2022 and the government's definitions of these enterprises.

Exporting from Vietnam to the USA: When You Need a Local Presence

Planning to export from Vietnam to the US? This article outlines how it works and when you should think about establishing a local presence.

Shenzhen Extends Application Deadline for 2021/2022 IIT Subsidy to October 20

Shenzhen has extended the individual income tax (IIT) subsidy application deadline for foreign and in-demand talent to October 20, 2023, from September 30.