News Across Asia

IASB Allows Temporary Exception to Reporting Requirements for Deferred Taxes Related to BEPS 2.0

The IASB has amended the IFRS accounting standards to allow a temporary exception to reporting requirements for deferred taxes under the Pillar 2 model rules.

How to Open a Corporate Bank Account in Singapore?

We discuss the requirements to open a corporate bank account in Singapore, including the necessary documents, and procedures, and note the country's prominent banking institutions.

India-Vietnam Trade: How West Bengal Plays a Key Role

We discuss how India-Vietnam trade can be boosted by capitalizing on West Bengal's advantageous position, connectivity, and industries.

Foreign Owners Of UAE Property: Pay Tax, Or Become Resident

India Increases Tax Exemption Limit on Leave Encashment for Private Sector Employees

India has increased the tax exemption limit on leave encashment for employees in non-government sectors to INR 2.5 million. It will retrospectively apply from April 1, 2023.

Registering a Franchise in Vietnam

For foreign firms, registering a business and registering a franchise in Vietnam are two different things. In this article, we explore how firms can go about registering a franchise.

India FDI Inflow in FY 2023: Latest Data Analysis on Investment Landscape

In this article, we explore the latest FDI trends in India, focusing on the top states and sectors that received the highest FDI in FY 2023.

A Closer Look at Vietnam's Anti-Money Laundering Law

Vietnam’s updated Anti-Money Laundering Law went into effect in March 2023. The Law aims to prevent financial crimes in the financial system.

China's Jing-Jin-Ji Industrial Cluster: Sector Prospects and Policy Updates

China's Jing-Jin-Ji industrial cluster covers the Beijing-Tianjin-Hebei region and planned efforts are underway to achieve key growth targets.

UAE, Egypt, Sign US$10 Billion Deal For 10GW, World’s Largest Wind Farm Project

India-Iran Multilateral Trade Dynamics and Future Outlook

Iran and India are exploring increased economic integration, focusing on the strategic Chabahar port as a gateway to Central Asia and Europe. Enhanced cooperation through infrastructure projects and energy partnerships holds great promise.

Comparing Singapore Business Entities: Choosing the Right Structure for Your Venture

Foreign companies can set up a variety of business structures in Singapore for their investments.