"I love ASIA BRIEFING"

2022-05-08 02:14:37

× About Us Dezan Shira & Associates Personnel Publication Store Asiapedia Events Media Pack Connect with Us × × News from ASEAN Briefing Malaysia’s Border Reopening: Boost for Tourism Sector, Hiring in Palm Oil Industry The Philippines’ Border Reopening: Implications for Businesses Thailand Flexible Plus Program: Attracting High-Net-Worth Investors Thailand Issues Tax Incentives for Investments in Local Startups Indonesia Bans the Export of Palm Oil, Impacting Global Food Prices Malaysia to Increase Minimum Wage from May 1, 2022: What are the Implications for Businesses? News from China Briefing China Coronavirus Updates: Latest Developments and Business Advisory How to Deal with Labor Disputes Under the Shanghai Lockdown: FAQs US-China Relations in the Biden-Era: A Timeline How Can Expats Complete Annual Individual Income Tax Reconciliation amid China’s COVID-19 Curbs? Human Genetic Resources in China: New Draft Regulation Are US, EU, and UK Based Editorial Fit for Purpose When Trying to Understand China? News from India Briefing Bangladesh Trade, Development & Economic Prospects In The Emerging Asian-European Supply Chains Calculating Income Tax for Foreign Nationals in India Introduction to the Social Security System in India India’s Drone Industry: New PLI Application Window till May 20, 2022 India’s Corporate Compliance Calendar for FY2022-23: Mandatory Forms and Due Dates India's PLI Scheme for Textiles: Full List of Beneficiaries News from Vietnam Briefing Vietnam Business Operations and the Coronavirus: Updates Vietnam’s Shipping Industry: Proposed Upgrade to Regional Container Fleet What is Vietnam’s Mining Capacity for EV Batteries? COVID-19 in Vietnam: Travel Updates and Restrictions How to Source Industrial Suppliers in Vietnam? Vietnam’s Power Development Plan Draft Incorporates Renewables, Reduces Coal News from Russia Briefing Top 15 Countries Whose Economies Depend On Russian Trade Kazakhstan Likely To Avoid Worst Of Russian Economic Slowdown Asian Exporters Scramble To Access Russian Consumer Markets Russia Looks To Cash In On Afghanistan Opportunities India Negotiating With Russia To Buy 20 Million Barrels Of Discounted Oil And Enter Russian Markets Exited By The EU Russian Economy To Absorb Sanctions And Move Into Growth By 2024-30 Depending Upon Industry News from Silk Road Briefing Brazil’s Da Silva Proposes A Latin American Currency ‘To Be Free Of The US Dollar’ European-Asian Geopolitics – The Implications Of Shifting Supply Chains In Wake Of The Russia-Ukraine Conflict Iran, Turkmenistan Plan Increasing Trade, Investment And Cooperation Ties Asian Development Bank Steps In To Alleviate Azerbaijan-Georgia Rail Bottlenecks Turkey’s Gemlik Port Transshipments Shoot Up March & April China’s Belt & Road And Beyond – May 2 2022 SUBSCRIBE More Information Latest Asia News By Region: ASEAN China India Vietnam Russia Silk Road COVID Go to: Publications Media How Can Expats Complete Annual Individual Income Tax Reconciliation amid China’s COVID-19 Curbs? 2022-05-05 The recent lockdowns in multiple cities in China make it difficult for foreign residents stranded abroad to return, while many within China decide to leave. Nevertheless, foreign residents need to pay attention to the annual individual income tax reconciliation requirements, the failure of which may cause unnecessary consequences. In this article, we provide guidance on how foreigners can complete their annual individual income tax reconciliation in China. Featured Business News Silk Road Briefing European-Asian Geopolitics – The Implications Of Shifting Supply Chains In Wake Of The Russia-Ukraine Conflict 05/05/2022 The Russia-Ukraine conflict is imposing significant changes on global geopolitics and is re-arranging the Eurasian political and supply chain map with considerable impact. In this article we examine the key areas that will be subject to significant alterations that directly affect the EU, including Bulgaria, Croatia, Hungary, Italy and Romania and non-EU members Albania, Bosnia, Kosovo, Moldova, Montenegro, Serbia, and Turkey. India Briefing India’s PLI Scheme for Textiles: Full List of Beneficiaries 05/04/2022 The Indian government has approved the Production-Linked Incentive (PLI) Scheme for Textiles – focusing on manmade fiber (MMF) apparel, MMF fabrics, and products of technical textiles to enhance India’s manufacturing capabilities and exports. We provide a full list of the 64 applicants that have been selected as beneficiaries under India’s PLI Scheme for Textiles – useful knowledge for foreign investors looking to partner with Indian textiles manufacturers. Vietnam Briefing Vietnam’s Shipping Industry: Proposed Upgrade to Regional Container Fleet 05/05/2022 Vietnam is located on an important maritime transport route in the East-West hemisphere, accounting for more than 80 percent of global freight volume. In 2021, despite the effects of the pandemic, the volume of container cargo through the country’s seaports reached 24 million TEUs, up 7 percent year on year. Nevertheless, with higher freight rates and supply chain issues, significant investment is needed to develop the country’s shipping fleet and ports. China Briefing Human Genetic Resources in China: New Draft Regulations 05/04/2022 Newly released rules stand to make regulation of human genetic resources in China more stringent. Human genetic resources refer to genetic materials and data, such as organs, tissues, cells, genomes, and genes, and are used for research for biopharmaceuticals, medical devices, and other scientific purposes. Vietnam Briefing What is Vietnam’s Mining Capacity for EV Batteries? 05/04/2022 Vietnam has an abundance of high-quality nickel reserves that, in recent years, have become increasingly attractive to international mining companies. The electric vehicle explosion has engendered soaring demand for raw materials, such as nickel, which is a key component in the lithium-ion batteries that power electric motors. Now, with the combined plans of Australian mining outfit, Blackstone Minerals, and local conglomerate Vingroup, Vietnam is set to become a hub for lithium-ion battery manufacture and even EV production. India Briefing India Notifies New Form for Taxpayers Filing Updated Tax Returns 05/04/2022 India’s income tax department has notified a new form, ITR-U for taxpayers filing their updated tax returns. The move seeks to reduce lengthy adjudication timelines and use of resources for improper tax filing and is based on the self-assessment of taxpayers. In the new form, ITR-U, the taxpayer will need to provide the exact reason for filing the updated income tax return (ITR) and the amount of income liable to tax. However, they will not be required to provide a break-up of that income. 05/06/2022 How to Deal with Labor Disputes Under the Shanghai Lockdown: FAQs China Briefing 05/06/2022 Malaysia’s Border Reopening: Boost for Tourism Sector, Hiring in Palm Oil Industry ASEAN Briefing 05/06/2022 Calculating Income Tax for Foreign Nationals in India India Briefing 05/06/2022 Introduction to the Social Security System in India India Briefing 05/06/2022 Vietnam Business Operations and the Coronavirus: Updates Vietnam Briefing 05/06/2022 India’s Drone Industry: New PLI Application Window till May 20, 2022 India Briefing The Bigger Picture Russia Briefing The Top 15 Countries Whose Economies Depend On Russian Trade 05/05/2022 The Statistica website has produced an excellent graphic illustrating which countries depend most on Russian trade. This is a useful tool for analyzing risk and opportunity. Three EU economies face serious exposure, while Central Asia dominates. Russia Briefing Asian Exporters Scramble To Access Russian Consumer Markets 05/03/2022 The recent events in Ukraine and the subsequent pulling out of the Russian consumer market by mainly EU businesses, either via sanctions or by Government pressure and media opinion has left a huge gap in the Russian consumer market that principally Asian exporters are now rapidly looking to fill. As most of the West’s sanctions on Russia have been energy focused, this has left opportunities to sell non-energy sectoral products to Russia in markets vacated by the Europeans. Russia has a middle class consumer base of 43 million with higher income levels than China, India, Brazil, South Africa, and most of Asia. Silk Road Briefing Iran, Turkmenistan Plan Increasing Trade, Investment And Cooperation Ties 05/04/2022 Turkmenistan is strategically situated between China, Central Asia and access to European markets and has immense potential as a Eurasian transit hub. The Turkmenbashi port on the Caspian Sea provides access to the INSTC and markets in Iran as well as west to the Caucasus, Turkey and European Union, north-west to Russia, east to Afghanistan and Uzbekistan, and south via Iran to the Middle east, East Africa, India, Pakistan and South Asia. Iran – Turkmenistan bilateral trade grew by 84% in 2021. Russia Briefing Kazakhstan Likely To Avoid Worst Of Russian Economic Slowdown 05/04/2022 Kazakhstan looks like a safe haven following Russian political fallout, as being a member of the Eurasian Economic Union (EAEU) together with Russia, is expected to be able to ride through the worst of the economic slowdown Russia is and will experience during 2022/23, according to Sophia Donets and Andrei Melashchenko, economic analysts for Russia and the CIS at Renaissance Capital Investment. Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia. CONTACT OUR PROFESSIONALS HERE Publications Downloads Download Now Online Country Guides Explore Country Editorial Comment Looking For China Big Idea Style Intelligence? Find SupChina Tedious? Paying For Sinocism? There are Alternatives! Read Article Never miss an update ASEAN Malaysia’s Border Reopening: Boost for Tourism Sector, Hiring in Palm Oil Industry 05/06/2022 We discuss how Malaysia's border reopening will benefit the tourism and palm oil production industries and list the updated entry requirements. 04/21/2022 Tax Incentives for Pharmaceutical Manufacturers in Malaysia: How Can Businesses Qualify? Tax & Accounting 04/15/2022 Cambodia Delays Capital Gains Tax to 2024: Impact for Businesses and Individuals Tax & Accounting 04/06/2022 Singapore to Reap Long-Term Benefits Under RCEP Economy & Trade 05/04/2022 The Philippines’ Border Reopening: Implications for Businesses Industries 05/03/2022 Thailand Flexible Plus Program: Attracting High-Net-Worth Investors Economy & Trade 05/02/2022 Thailand Issues Tax Incentives for Investments in Local Startups Tax & Accounting Jump to ASEAN: Economy & trade Tax & Accounting Legal & regulatory Industries Human Resources and Payroll Country Guide Portal Singapore Vietnam Indonesia Publications Audit and Compliance in ASEAN: Prepare for 2022 Annual Audit and Compliance in Vietnam: Get Ready for 2022 A Guide to Exporting from Vietnam Doing Business In ASEAN 2022 China How to Deal with Labor Disputes Under the Shanghai Lockdown: FAQs 05/06/2022 In this article, we walk you through the official guidance in Shanghai on how to deal with some typical labor disputes during the pandemic and lockdown. 05/04/2022 Human Genetic Resources in China: New Draft Regulation Industries 04/28/2022 Obtaining Dormant Company Business Status in China During Trade Difficulties: What You Need to Know Legal & Regulatory 04/25/2022 China’s First Ever Private Pension Scheme - What You Need to Know Industries 05/07/2022 China Coronavirus Updates: Latest Developments and Business Advisory Economy & Trade 05/06/2022 US-China Relations in the Biden-Era: A Timeline Economy & Trade 05/05/2022 How Can Expats Complete Annual Individual Income Tax Reconciliation amid China’s COVID-19 Curbs? Tax & Accounting Jump to China: Economy & trade Tax & Accounting Legal & regulatory Industries Human Resources and Payroll Country Guide Portal Why China Company Establishment Taxation Human Resources and Payroll Accounting and Operations Publications Annual Audit and Compliance in China: Get Ready for 2022 Tax Incentives in China Doing Business In China 2022 India India’s Corporate Compliance Calendar for FY2022-23: Mandatory Forms and Due Dates 05/05/2022 We list certain mandatory corporate compliances to be observed every year by all businesses registered in India, irrespective of their entity structure. 05/04/2022 India Notifies New Form for Taxpayers Filing Updated Tax Returns Tax & Accounting 05/04/2022 India's PLI Scheme for Textiles: Full List of Beneficiaries Industries 05/02/2022 What is ONDC? India's Plan to Take on E-Commerce Giants Amazon, Flipkart Economy & Trade 05/06/2022 Bangladesh Trade, Development & Economic Prospects In The Emerging Asian-European Supply Chains Economy & Trade 05/06/2022 Calculating Income Tax for Foreign Nationals in India Tax & Accounting 05/06/2022 Introduction to the Social Security System in India Human Resources & Payroll Jump to India: Economy & trade Tax & Accounting Legal & regulatory Industries Human Resources and Payroll Country Guide Portal Why India Company Establishment Taxation Human Resources and Payroll Accounting and Operations Publications Transfer Pricing in India Doing Business In India 2022 Vietnam Vietnam’s Shipping Industry: Proposed Upgrade to Regional Container Fleet 05/05/2022 Vietnam Briefing highlights a proposal to upgrade its regional container shipping fleet underlining the industry's role in alleviating supply chain issues and high freight rates. 05/06/2022 Vietnam Business Operations and the Coronavirus: Updates Human Resources & Payroll 08/06/2019 Port Infrastructure in Vietnam: 3 Regional Hubs for Importers and Exporters Economy & Trade 07/16/2021 Vietnam’s Transport Infrastructure Plan: 3 Proposals for Implementation Economy & Trade 05/04/2022 What is Vietnam’s Mining Capacity for EV Batteries? Industries 05/04/2022 COVID-19 in Vietnam: Travel Updates and Restrictions Human Resources & Payroll 05/03/2022 How to Source Industrial Suppliers in Vietnam? Economy & Trade and Industries Jump to Vietnam: Economy & trade Tax & Accounting Legal & regulatory Industries Human Resources and Payroll Country Guide Portal Why Vietnam Company Establishment Taxation Human Resources and Payroll Accounting and Operations Publications Annual Audit and Compliance in Vietnam: Get Ready for 2022 A Guide to Exporting from Vietnam Doing Business In Vietnam 2022 Russia Russia Briefing Top 15 Countries Whose Economies Depend On Russian Trade 05/05/2022 05/04/2022 Kazakhstan Likely To Avoid Worst Of Russian Economic Slowdown 05/03/2022 Asian Exporters Scramble To Access Russian Consumer Markets 05/03/2022 Russia Looks To Cash In On Afghanistan Opportunities 05/02/2022 India Negotiating With Russia To Buy 20 Million Barrels Of Discounted Oil And Enter Russian Markets Exited By The EU 05/01/2022 Russian Economy To Absorb Sanctions And Move Into Growth By 2024-30 Depending Upon Industry 04/28/2022 Iran-Russian Bilateral Trade Increased In March-April Jump to Russia: Economy & Politics FDI & Foreign Trade Tax & Accounting Business Industry Publications An Introduction to Doing Business in Russia 2021 Belt and Road Initiative Silk Road Briefing Brazil's Da Silva Proposes A Latin American Currency 'To Be Free Of The US Dollar' 05/05/2022 05/05/2022 European-Asian Geopolitics - The Implications Of Shifting Supply Chains In Wake Of The Russia-Ukraine Conflict 05/04/2022 Iran, Turkmenistan Plan Increasing Trade, Investment And Cooperation Ties 05/03/2022 Asian Development Bank Steps In To Alleviate Azerbaijan-Georgia Rail Bottlenecks 05/02/2022 Turkey's Gemlik Port Transshipments Shoot Up March & April 05/01/2022 China’s Belt & Road And Beyond – May 2 2022 04/28/2022 China Begins Using Caspian & Black Sea Routes For European Trade Jump to Belt & Road Initiative: Economy & trade Tax & Accounting Legal & regulatory Industries Publications Identifying Opportunities Within the Belt and Road Initiative WHO WE ARE Asia Briefing publishes articles, magazines, and guides on doing business in Asia. It has been produced by Dezan Shira and Associates since 1999. ASIA BRIEFING DEZAN SHIRA & ASSOC. ASK US A QUESTION About Us Overview History Personnel News Events Subscription Corporate Services Accounting Audit and Financial Review Business Advisory Business Intelligence Corporate Establishment Due Diligence HR and Payroll Intellectual Property Mergers and Acquisitions Outbound Direct Investment Risk Management Tax Technology Contact Us Enquiry Form Careers International Desks Social Media Our Offices Partnerships Resources Asia Briefing Asiapedia Asiaadmin Asiamerger ©1992-2022 Dezan Shira & Associates All Rights Reserved. Terms of Use Privacy Policy Back to top