LGBT Rights in India, State Divestment in Vietnam – China Outbound
Our weekly round up of other news affecting foreign investors throughout Asia.
As an alternative to establishing a Limited Liability Company or investing in an existing local company, foreign investors are permitted to open a Representative Office in Indonesia.
In this article, we discuss the key steps for establishing a Representative Office in Indonesia.
In its section 377 judgment, the Supreme Court of India supported framing LGBT-friendly HR policies.
Read to know about establishing an LGBT-friendly workplace in India, and why inclusive HR policies work for all.
Russia is in the process of making changes to its VAT system, and this will take effect from January 1, 2019.
Business-to-business electronic services providers should be aware of these as they will require foreign providers selling to businesses in Russia to register for and collect VAT and make payments to local authorities.
With the United Nations issuing a stark warning that the world’s governments have just 12 years to deal with climate change or face serious consequences, the mapping of how global warming and its effects will impact upon the planet is now starting to get worked out.
Interestingly, this has huge implications for the Belt and Road Initiative, the countries that are part of this, and China’s infrastructure build.
Divestments have been a major focus for the Vietnamese government as it aims to increase the efficiency of loss-making state-owned enterprises (SOEs).
In addition, divestments are also a significant source of revenue for the government that can help in managing the fiscal deficit and fund economic development plans.