News Across Asia

China's Data Center Sector: Industry and Regulatory Insights

China's data center ecosystem is largely contributing to the country's rapid rise as a global technology powerhouse. This article explores the catalyst factors behind its remarkable growth, influential players in the ecosystem, and key regulatory frameworks.

Tax-Exempt Fringe Benefits for Expatriates in China Extended till End of 2027

China's IIT preferential policy allowing some non-taxable fringe benefits for expatriates is extended till the end of 2023; it was set to expire in 2022.

VAT Refunds for Software Developers in Vietnam

According to Circular No. 13/2020/TT-BTTTT, businesses engaged in software development must follow stipulated procedures to be able to enjoy incentives related to VAT refunds.

China's IIT Preferential Policy for Expatriates Extended to End of 2027: Key Points

China has extended individual income tax benefits for foreigners, such as on rental and education expenses, till the end of 2023.

The UAE Regulates Its Cryptocurrency Market From August 31st 2023

Understanding the Role of Independent Directors in Indian Companies

Independent directors, per India regulations, play a pivotal role in balancing corporate interests and maintaining ethical oversight. Qualifications are stringent, there are limits on directorships, and appointments involve board approval.

China’s New Stamp Tax Law: Compliance Rules, Tax Rates, Exemptions

China’s new Stamp Tax Law takes effect July 1, 2022, and will trigger simplification of tax compliance, changes to some tax rates, and new exemptions.

China’s IIT Special Additional Deductions: An Explainer

China has implemented special additional deductions under the new IIT Law since 2019, and now it decided to raise the deduction standards on expenses for raising and educating kid and supporting elderly.

Shifting Attitudes and Expectations for Work in China's Post-Pandemic Era

We discuss how companies can navigate changes in the Chinese work culture and employee expectations in the aftermath of COVID-19.

Singapore PM Visits Hanoi for Trade and Investment Talks

Singapore’s Prime Minister stopped by Hanoi this week to discuss the ongoing and fruitful bilateral trade between the two Southeast Asian nations. Here’s a quick overview of how that trade is progressing.

Audit and Compliance in Thailand: A Guide for Foreign Investors

All companies in Thailand must prepare financial statements for their assigned accounting period to the Ministry of Commerce.

UAE Wants To Invest In BRICS New Development Bank