ASEAN Trade in Goods Agreement, TP Rules in India, Setting Up in Vietnam – China Outbound

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Our weekly round up of other news affecting foreign investors throughout Asia.

ASEAN BRIEFING

ASEAN Trade in Goods Agreement: Local Content Requirements

In recent years, tariff reductions have significantly increased the profitability of establishing regional supply chains within the ASEAN region.

To implement operations successfully, careful attention must be paid to rules pertaining to local content and sourcing of inputs.

INDIA BRIEFING

Transfer Pricing in India Explained

Transfer pricing refers to the rules used for pricing transactions within and between enterprises under common ownership or control.

The article explains the arm’s length price, specified domestic transactions, advance pricing agreement, country-by-country reporting, and transfer pricing documentation as implemented in India.

RUSSIA BRIEFING

China Rail Targets Russian Far-East as a “Priority Market”

Chinese SOE China Railway Corporation (CRC) has stated that Russia’s Far Eastern Federal District is currently one of the priority markets for expanding the company’s core operations as part of the Belt and Road Initiative.

The region requires developing a network of railroads, motorways, new bridges and other transport infrastructure key to China’s global shipping routes strategy.

SILK ROAD BRIEFING

How Chinese Contractors are Winning EU Infrastructure Projects

Although the vast majority of the multiple EU infrastructure development projects still go to EU-based contractors, eyes have been raised at the small, but increasing number of big ticket projects being won by Chinese contractors.

China has become far more professional in the past two to three years in competing for tenders than in the past.

VIETNAM BRIEFING

Vietnam Amends Business Registration Rules

On August 23, 2018, Vietnam issued Decree 108/2018/ND-CP on business registration, which amended the previous Decree 78/2015/ND-CP.

Decree 108 has simplified the procedures for business registration and will be in effect from October 10, 2018.

New provisions cover the application process, conversion of enterprises, charter capital, business locations, and other registration procedures.


About Us

China Briefing is produced by Dezan Shira & Associates. The firm assists foreign investors throughout Asia and maintains offices in ChinaHong KongIndonesiaSingaporeRussia, and Vietnam. Please contact info@dezshira.com or visit our website at www.dezshira.com.

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