In this week’s Asia Investment Brief, we look at labor market trends in the Philippines, why firms in India should hire more women, the Belt and Road in Kazakhstan, and FDI strategy in Vietnam.
China’s State Administration of Taxation (SAT) clarified its preferential corporate income tax (CIT) policies for small and low-profit enterprises in an announcement released on July 13.
On July 6, China announced a campaign to inspect local governments and departments, signaling the central government’s resolve to implement core policies.
Foreign investors sometimes reach a point where their representative office is no longer suitable for facilitating their business in China. In such cases, foreign investors must formally close down their representative office.
Social insurance exemption for foreigners can be a valuable asset to save on unnecessary costs in China. However, many companies are not aware of the benefits available to them, while those who do are often unsure as to how to go about applying.
US businesses operating in China remain optimistic about their growth prospects despite the ongoing trade war between the two countries, according to a new report from the American Chamber of Commerce in Shanghai.
Read more about e-commerce in Thailand, obtaining environmental approvals in India, the Belt and Road in Turkmenistan, and economic growth in Vietnam through the first half of 2018.
When related party transaction deviations are found in a year-end review, tax professionals will voluntarily make precautionary adjustments to minimize the risk of being investigated by the tax authorities.