14 APRIL 2021View in Browser
 
 
 
 

This week's primary foreign investment news
from our ASEAN, China, India, Russia, Belt & Road and Vietnam Briefings.
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HEADLINES: China Extends Business Tax Cuts To 2023 / Key I.T. Considerations for Your China Backoffice / China HR Restructuring: Legal and Management Issues / Indonesia's Financial Tech Sector / Malaysia's Investment Corridor / Opening Bank Accounts in Vietnam / India's Pharmaceutical Industry / Minimum Wages in India 2021 / India's Push to be a Growth Engine for Asia / London & Moscow Pursuing Similar Asian Trade Strategies

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CHINA
China Extends Business Tax Cuts Until 2023
China’s State Tax Administration and the Ministry of Finance have extended a package of expired or to-be-expired preferential tax and fee policies and rolled out new structural tax and fee cut measures, aiming to offset the impact of the government’s post-pandemic economic policy adjustments.
 
Key I.T. Considerations and Solutions for Back Office Automation in China
Our guide for solutions for back-office automation in China, including key considerations such as accessing trustworthy support and reliable information resources on-the-ground, knowledge of IT software and service options unique to China, legal compliance, and cyber and data security concerns.
 
HR Restructuring in China: Legal and Management Considerations
The success of a company often hinges on its ability to recruit, retain, and realize the added value and potential of its employees. HR restructuring in China can be a tripwire for foreign companies given the country’s strict labor laws and regulatory standards. We spotlight top considerations.
 
ASEAN
Opportunities In Indonesia's Financial Technology Sector
Indonesia’s fintech industry is one of the most competitive and dynamic in ASEAN as evidenced by the emergence of four unicorns and one decacorn in the industry. The fintech industry is one of the most funded sectors and is dominated by peer-to-peer lending and e-payment platforms.
 
An Overview of Malaysia's Investment Corridors
Malaysia is home to five investment corridors (a type of special economic zone), which offer their own distinct investment roadmaps. These corridors shift focus away from already developed regions and redirect investments into less-developed rural areas.
 
Setting Up and Opening a Bank Account in Vietnam
Banking is one of the first decisions that will determine how investors choose to remit their profits to their parent companies.
Understanding which kind of banking account to operate is crucial for investors doing business in Vietnam.
 
INDIA
India's Push to be a New Growth Engine in Asia
Despite its potential, India has been perceived as a complex country by investors. Several factors influence their perception, such as bureaucratic restrictions, delays in land acquisition, contract enforcement, inconsistent policies, complex tax structures, and complicated labor compliances. But this is now changing.
 
Investment Opportunities in India's Pharmaceutical Industry
India’s pharmaceutical industry is among the leading global producers of cost-effective generic medicines and vaccines, supplying 20 percent of the total global demand by volume and 62 percent of the global demand for vaccines.
 
A Guide to Minimum Wages in India 2021
Foreign investors in India can have a challenging time comprehending and calculating the minimum wage as they differ in every state, and are categorized under multiple criteria, such as region, industry, skills level, and nature of work.
 
RUSSIA
No Russia-UK Deal, But Moscow & London Are Following Similar Asia Trade Strategies
The UK is following an identical path to Russia in developing trade relations with India, ASEAN, and East Asia. Corporates from both could team up to take advantage of each other’s strengths, some including Free Trade Agreements one has but the other doesn’t.
 
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UPCOMING EVENTS IN THIS MONTH
 
Chinese Trademark Law and Trademark Protection in China - University of Padova (Italian)
Webinar | April 15, 2021 | 10:45-12:00 Rome Time
 
Vietnam's Integration into Global Value Chains - How does Vietnam Differ from its Regional Peers?
Webinar | April 15, 2021 | 1:00 PM EST / 10:00 AM PST
 
Master Global Management for China (GMC) 2021 – Tax, Accounting and Audit
April 19, 2021 | Ancona, Italy
 
Crash Course on Starting a Business in the Philippines in 2021
Webinar | April 21, 2021 | 4:00 PM Philippines Time
 
Indonesia’s Omnibus Law
Webinar | April 22, 2021 | 9:00 AM Rome Time
 
Crash Course on Doing Business and Investing in China's Greater Bay Area: Part 1
Webinar | April 27, 2021 | 5:00 PM EST / 2:00 PM PST
 
Crash Course on Doing Business and Investing in China's Greater Bay Area in 2021: Part II
Webinar | May 4, 2021 | 5:00 PM EST / 2:00 PM PST
 
Reclutamento, audit dell’HR ed assunzioni temporane delle risorse umane in Cina
Webinar | May 7, 2021 | 11:00 AM Central European Time
 
 
 
 
 
 
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