News Across Asia - Page 25

Middle East Briefing

Tax Considerations for Individuals and Investors Based in Saudi Arabia

02/24/2025

Key taxes applicable to individuals in Saudi Arabia include VAT, social insurance contributions, and Zakat, while various wealth management structures, including trusts and investment companies, offer tax advantages.

ASEAN Briefing

Malaysia’s New Minimum Wage Rate for 2025: What Employers and Workers Need to Know

02/21/2025

Malaysia’s new minimum wage for 2025 brings higher pay rates and new compliance deadlines for employers.

China Briefing

China’s 2025 Foreign Investment Action Plan: Key Measures and Opportunities

02/21/2025

In this article, we explore the key measures outlined in China's foreign investment action plan 2025, their impact on various sectors, and the broader implications for foreign investors.

Middle East Briefing

ADIO Strengthens Abu Dhabi-China Economic Ties with Strategic Agreements

02/21/2025

The Abu Dhabi Investment Office (ADIO) has signed landmark agreements with Fosun International Limited, Wind Information, and Hejun Group to bolster economic collaboration and facilitate investment between Abu Dhabi and China.

India Briefing

BRSR Reporting in India: Key Changes to ESG Disclosures Introduced by SEBI

02/20/2025

In December 2024, the Securities and Exchange Board of India (SEBI) approved key decisions related to the BRSR Core framework, ESG disclosures for the value chain, and assurance requirements.

China Briefing

Personal Information Protection Audits in China: Final Measures Effective May 1

02/20/2025

China’s Cyberspace Administration has unveiled the final rules on conducting personal information protection audits. The new measures, which require fewer companies to conduct less frequent audits than the draft version, offer an opportunity for businesses to strengthen compliance.

Vietnam Briefing

Vietnam’s New VAT Law: Key Compliance Guidance

02/20/2025

We examine Vietnam's new Value Added Tax (VAT) Law, set to take effect on July 1, 2025, which introduces significant changes to the country's VAT regulations, along with recent clarifications by the Ministry of Finance.

ASEAN Briefing

Singapore Budget 2025: What it Means for Businesses

02/20/2025

Singapore’s Budget 2025 introduces tax rebates, workforce grants, and AI funding to help businesses cut costs and drive growth.

ASEAN Briefing

A Guide to Taxation in the Philippines - Updates for 2025

02/20/2025

The Philippines imposes a territorial tax system, meaning only Philippine-sourced income is subject to taxes.

ASEAN Briefing

Investment Opportunities in Timor-Leste's Tourism Industry

02/19/2025

Timor-Leste’s tourism industry offers investment opportunities in hospitality, eco-tourism, and infrastructure.

Vietnam Briefing

Vietnam’s Legal Framework for Probationary Contracts: Implications for Businesses

02/19/2025

The Vietnamese government regulates probationary contracts to protect workers' rights, with a clear legal framework in place for the initial employment phase. This article examines the types of probationary contracts in Vietnam and their corresponding social insurance obligations.

China Briefing

Managing Tax Compliance Risks in China: Fraudulent Invoicing and Misuse of Tax Incentives

02/19/2025

Companies in China must manage VAT invoices and tax incentives carefully to avoid compliance risks. Strong tax risk management and internal controls are essential to minimize liabilities and ensure regulatory compliance.