Business updates and special topic events, specially curated to for global foreign investors in Asia

March 28, 2024

28 March 2024	View in Browser

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

ASIA EDITION


TOP STORIES THIS WEEK:


Navigating Hong Kong’s Annual Employer’s Return: Compliance and Best Practices

The Annual Employer’s Return filing in Hong Kong begins on the first working day of April and should be completed within one month. Hong Kong employers are advised to start preparations early and allocate sufficient resources...


New China Data Export Regulations Ease Rules for Foreign Companies

The Cybersecurity Administration of China (CAC) has released the final version of a set of regulations aimed at facilitating cross-border data transfer (CBDT) for companies based in China.


India’s Regulation of AI and Large Language Models

India’s Ministry of Electronics and Information Technology (MeitY) has issued new advisory that requires intermediaries and platforms to label all artificially generated media and text with unique identifiers or metadata to...


Vietnam Issues Draft Decree Regulating Foreign Telecom Service Providers

A Vietnam draft decree aims to clarify regulations for foreign telecom providers in data center, OTT, and cloud computing. Public feedback on the draft decree ends April 2, 2024.


A Guide to Estimated Chargeable Income Filing in Singapore

Incorporated companies in Singapore must file an Estimated Chargeable Income (ECI) for each year of financial assessment. ECI is computed by subtracting taxable allowances and deductions from total income


Dubai’s New Tax Regulation for the Banking Sector

The Dubai government has unveiled a new legislation requiring foreign banks operating within the emirate to pay a 20 percent annual tax. We discuss implications and exemptions.

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COMPLIMENTARY BUSINESS RESOURCES:


Corporate Tax Planning for Businesses in Vietnam in 2024

Vietnam has a highly competitive tax structure, which has attracted foreign investors across a spectrum of industries. In this tax report by Vietnam Briefing, we discuss the country’s Corporate Income Tax system, key...


Inside India's Manufacturing Revolution: Strategies and Insights for Business Success

India is emerging as an important manufacturing destination in Asia due to several factors. We discuss market entry strategies for foreign companies and expansion strategies for local players aiming to attract foreign...


Unlocking ESG Reporting Requirements in Singapore

In this latest issue of ASEAN Briefing, we dive into the regulatory requirements of ESG reporting in Singapore before describing what needs to be included in an ESG report. Finally, we discuss the ESG core metrics within an ESG...


UPCOMING EVENTS FOR ASIA:


Decoding China’s 2024 Two Sessions: Takeaways for Businesses - China Time Zone

Webinar \| Thursday, March 28, 2024 \| 9:00 AM Brussels / 4:00 PM China


Unveiling Opportunities in ASEAN for Australian Investors: Key Sectors, FTAs, Country-wise Breakdown and 2024 Prospects

Webinar \| Tuesday, April 2, 2024 \| 3:00 PM AEDT / 11:00 AM Vietnam / 11:00 AM Jakarta

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