Topics

Jan. 17 – Foreign-invested commercial enterprises, commonly known as FICE, are fast becoming an ideal way for foreign investors to enter China’s Mainland market. Previously, foreign companies could only form trading companies on their own if they registered in the country’s Free Trade Zones. However, as part of China’s WTO commitment to let foreign-invested enterprises […]

Jan. 17 – The new issue of India Briefing Magazine, titled India’s Taxes for Foreign-Invested Entities, is out now available as a complimentary PDF download on the Asia Briefing Bookstore. Recent tax amendment controversy creates an excellent opportunity to provide an overview of the relevant taxes for foreign-invested entities in India, including the most important […]

Jan. 16 – On September 12, 2012, Singaporean Deputy Prime Minister and Minister for Finance Tharman Shanmugaratnam and Vietnamese Minister of Finance Vuong Dinh Hue signed a second Protocol to amend the existing double taxation agreement (DTA) between the two countries. The DTA entered into force on January 11, 2013 in Singapore, and will be […]

Individual income tax finalization for foreigners in China By Eunice Ku Jan. 14 – Individual income tax (IIT) is normally withheld from wages or salaries by employers and paid to the tax authorities on a monthly basis (within 15 days of the end of each month). An annual IIT declaration should be submitted to tax […]

Jan. 11 – At the end of the year, in addition to completing corporate income tax (CIT) finalization, enterprises must complete personal income tax (PIT) on behalf of their employees. Following the finalization process at the end of the fiscal year, or when terminating the investment project in Vietnam, foreign investors are allowed to remit […]

Complimentary Download, Co-Written By Dezan Shira & Associates Jan. 9 – The U.S. Commercial Service has just published the third edition of the popular China Business Handbook for the year 2013, with chapters contributed by selected foreign investment firms, including Dezan Shira & Associates. “The China Business Handbook looks closely at important e-commerce trends, explores […]

In the first issue of Asia Briefing magazine, we focus on the new dawn that ASEAN free trade brings to the entire region, as well as the dramatic added impact of pan-Asian free trade agreements such as the Regional Comprehensive Economic Partnership.

In this issue of China Briefing Magazine, we discuss annual compliance requirements for China foreign-invested entities and detail the full audit processes for representative offices, wholly foreign owned enterprises, and joint ventures in China.

Op-Ed Commentary: Chris Devonshire-Ellis Jan. 4 – Recent media commentary has been suggesting that the business environment in China has worsened for foreign investors over the past year. Although China is still evolving as an emerging market, I disagree with the basic premise that it is becoming tougher, and even unwelcoming, to foreign investors. A […]

Understanding the complex regulatory approval process for China’s outbound foreign direct investments By Chet Scheltema, Frank Yang, and David Chan from Dezan Shira & Associates Dec. 31 – Times are changing for the global financial community. China was the largest investor in developing economies in 2010 and 2011, with total outbound foreign direct investment (OFDI) […]