News Across Asia

Vietnam Regulations for Foreign Investment in Education (2012)

Decree No. 73/2012/ND-CP regarding education management for foreign cooperation and investment was promulgated last September. Accordingly, the forms of foreign investment allowed in education include 100 percent foreign-capitalized educational institutions and associated educational institutions between domestic investors and foreign investors.

Opening a Bar in China – Without Licensing Laws

Vietnam’s Regions and Key Economic Zones

Vietnam is composed of 63 provinces and five centrally-governed cities, which stand on the same administrative level as provinces (namely Hanoi, Ho Chi Minh City, Can Tho, Da Nang and Hai Phong). The General Statistics Office of Vietnam further groups the

Transfer Pricing Key Topic at 5th Int'l Taxation Conference in Beijing

New Issue of China Briefing: Transfer Pricing and Cross-Border Inter-Company Transactions

In this issue, we discuss cross-border inter-company transactions and the documentation you will need to submit to keep up with the increasingly powerful transfer pricing regulation implementation in China. We also include the specific steps a WFOE in China has to undergo in order to remit funds between its headquarters and clients, and alert investors as to when transfer pricing issues and duplicate taxation issues are triggered.

China Briefing Releases New Transfer Pricing Guide

China ROs to be Subject to Transfer Pricing Regulations During 2010 Audit

China Launches World’s Fastest Train Route

Former U.S. President Carter and Henry Kissinger Cement Nixon’s Operatic China Ties

China Promulgates Transfer Pricing Measures

Bartók's Message to the New China Expats

India's Economy Expected to Emerge Strong from Current Crisis

Jan. 6 - They say whatever doesn’t break you makes you. Going by the thought, India’s economy is expected to emerge from the financial crisis as the fourth strongest economy among G-20 countries. Given its robust forex reserves, high GDP growth rate and various fiscal and monetary measures taken to tackle the downturn, India’s economic growth is expected to follow China, Russia and South Korea according to an Assocham study.

The study which takes into account seven economic indicators relating to size of the economy, spending power, tax structure, interest rate policy, budget balances, debt burden and foreign exchange reserves, expects more developed economies to grow at a much slower pace compared to India and her Asian counterparts.