Asia Briefing Business Operational Update

Categories: New newsletter subcribe Age: 19 until 30 year 31 until 64 years 65 and older

3 years ago

Html
Text

05 MAY 2021	View in Browser

This week's primary foreign investment news
from our ASEAN, China, India, Russia, Belt & Road and Vietnam Briefings.
---

HEADLINES: • RECP Ratification • UK & India Reach New Trade Pact • China HR & Payroll Challenges • Investing in Chongqing • India GST Tax Relief • Relocating to Vietnam • Indonesia's New Corporate Licensing • Dezan Shira Open Four New Asia Partner Offices • New Europe-Asia Istanbul Canal • Kazakh Consumers • Turkmenistan Eyes the EAEU

Click here to go straight to the main news page, or if you think your colleagues
should be receiving this then please forward this to a friend and let them know.
Subscriptions are available here

GLOBAL TRADE

What Is The Ratification Status Of The RCEP And When Will It Come Into Effect?

Once ratified by three-fifths of the 15 signatories – namely six ASEAN countries and three non-ASEAN countries, the RCEP free trade agreement will enter into force in 60 days.

DEZAN SHIRA

Dezan Shira & Associates Open Four New Asian Alliance Offices

Firm establishes presence in Bangladesh, Mongolia, Japan & South Korea Dezan Shira & Associates, the pan-Asian foreign direct investment practice, have established formal relations with four new ‘Asian Alliance Partners’ – giving the firm a platform to further develop and assist clients throughout Asia.

INDIA

UK & India Announce New Trade and Investment Deals

As a starting point, the newly announced economic package contains over £533 million of Indian investments into the UK. These will mainly involve funds for the health and technology sectors. However, about £200 million of that amount will be channeled into supporting low carbon growth.

India Announces GST Relief for Taxpayers

India’s GST taxpayers have been granted relief in meeting regulatory and statutory compliances as a brutal COVID-19 wave grips the country. The government announced various relief measures to the taxpayers via notifications on May 01.

CHINA

China's Post Covid Challenges in Traditional HR & Payroll Management

More than ever, management, HR departments, administrators, and employees can be liberated from redundant HR and payroll procedures, by having processes optimized via technology so that their time can be refocused on higher value areas.

Investing in Chongqing, China's Gateway to the West

With relatively cheaper labor, well-developed infrastructure, integrated industrial clusters and supply chains, and sound business environment, as well as benefiting from national policies, Chongqing is standing out as a major destination for foreign investment in China’s central and western regions.

ASEAN

Four Factors To Consider When Relocating Your Business To Vietnam

With global investors moving or diversifying their production, choosing an alternate production base may be challenging especially during a pandemic. Investors in Vietnam should conduct thorough due diligence and ensure that they are well prepared before relocating their production.

Indonesia's New Business Risk Based Corporate Licensing Procedure

Business activities in Indonesia will now be assessed on the scale of the hazards they can potentially create (low risk, medium-low risk, medium-high risk, and high risk).The risk-based business licensing procedure will impact 16 sectors, including defense, energy, and agriculture.

CENTRAL ASIA

Turkish Government Approves Canal Istanbul Project

The Turkish government has approved plans to build a shipping canal in Istanbul as an alternative to Turkey’s internationally used straits connecting Asia to Europe.

Turkmenistan Eyes the Eurasian Economic Union

Turkmenistan has the world’s 4th largest gas reserves, a GDP of about US$120 billion, with a population of some 6 million earning about US$20,000 per annum per capita (PPP). Joining the EAEU would boost revenues, trade, and further unite Central Asia.

Kazakh & Central Asian Consumers Adapting to Hi-Tech Finance Products

Positive implications for take up of New Tech by Central Asian consumers, with the Central Asian e-commerce market growing fast. It is indicative that the Central Asian market is increasingly sophisticated with opportunities for growth.

Not subscribed to Asia Weekly Briefing? Subscription is complimentary. Please click here

UPCOMING EVENTS IN THIS MONTH

How to Repatriate Profits from China: Practical Methods & Strategy Development

Webinar | May 13, 2021 | 3:30 PM China / 2:30 PM Vietnam / 9:30 AM CET

Digitalizing Your Accounting Process - A Way to Improve Internal Controls and Enhance Tax Compliance

Seminar | May 13, 2021 | 3:00 PM - 4:30 PM | Nanjing, China

Debt Funding Options in India – Types, Tax Implications, and Regulatory Regime

Webinar | May 18, 2021 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time

Crash Course on Doing Business in Beijing: New Opportunities for Foreign Investors in 2021

Webinar | May 25, 2021 | 4:00 PM China / 3:00 PM Vietnam / 10:00 AM CET

For daily alerts, follow us on social

			Unsubscribe			About us

©1992-2021 Dezan Shira & Associates All Rights Reserved.

Share on

Other newsletters from Dezshira.com

Asia Briefing’s India Focused Regulatory and Operationa l Business Updates Dezshira.com
Last Thursday at 10:10
India’s Mandatory Special Valuation Branch Regulati ons: Compliance Essentials for Cross-Border Success Dezshira.com
Last Thursday at 08:14
Optimizing Returns: Strategies for Success in India's Service Sector Dezshira.com
Last Wednesday at 10:15

More newsletters from Dezshira.com

Related newsletters

View other categories

New newsletter subcribe