Labor Contracts in Thailand, Israeli Investment in India, and ASEAN Autos in Vietnam – Asia Investment Brief
Our weekly round up of other news affecting foreign investors throughout Asia:
ASEAN BRIEFING
Thai Labor Contracts: What You Need to Know
While Thailand does not mandate a written agreement between the employer and an employee, it does impose strict labor regulations with regards to working terms and conditions. In practice, therefore, it is advisable for employers to set out written terms and conditions of employment to avoid legal disputes.
INDIA BRIEFING
Israeli investments in technology have typically favored Western nations where cultural barriers and price sensitivity play a diminished role. However, India’s burgeoning startup ecosystem and push for innovation is attracting Israeli tech companies who see potential in India’s rapid digitization.
RUSSIA BRIEFING
President Putin Calls for 13% Profits Tax on Repatriated Funds to be Scrapped
Russian President Vladimir Putin has called for the tax on profits realized overseas then repatriated to Russia to be scrapped. A recent amnesty has been in place, although this expired in mid 2016. Russia’s tax laws counter that a 13 percent tax is due on profits remitted back to Russia.
SILK ROAD BRIEFING
Where the Belt & Road Opportunities Are – The Fastest Growing Silk Road Corridors in 2018
2017 has been an interesting year in Asia, with China’s Belt & Road project really leading the way in influencing governmental policy and a change in thinking across the region.
VIETNAM BRIEFING
Vietnam: Reduced Import Tariffs on Automobiles from ASEAN from 2018
From 2018, Vietnam’s import tariffs on automobiles from ASEAN will be reduced to zero percent, leading to further competition in the country. Read more to know about the import tariffs, the effect on local manufacturers, and the steps government should take to support domestic firms.
Our Briefing updates are written by and provided by the various regional offices of Dezan Shira & Associates throughout Asia. To obtain a complimentary subscription to Asia Briefing please click here. To contact Dezan Shira & Associates concerning foreign investment and assistance in Asia, please email us at asia@dezshira.com
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Dezan Shira & Associates Brochure
Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing legal, tax and operational advisory to international corporate investors. Operational throughout China, ASEAN and India, our mission is to guide foreign companies through Asia’s complex regulatory environment and assist them with all aspects of establishing, maintaining and growing their business operations in the region. This brochure provides an overview of the services and expertise Dezan Shira & Associates can provide.
An Introduction to Doing Business in ASEAN 2017
Doing Business in ASEAN introduces the fundamentals of investing in the 10-nation ASEAN bloc, concentrating on economics, trade, corporate establishment and taxation. We also include the latest development news in our “Important Updates” section for each country, with the intent to provide an executive assessment of the varying component parts of ASEAN, assessing each member state and providing the most up-to-date economic and demographic data on each.
An Introduction to Doing Business in China 2017
Doing Business in China 2017 is designed to introduce the fundamentals of investing in China. Compiled by the professionals at Dezan Shira & Associates in January 2017, this comprehensive guide is ideal not only for businesses looking to enter the Chinese market, but also for companies who already have a presence here and want to keep up-to-date with the most recent and relevant policy changes.
An Introduction to Doing Business in Hong Kong 2017
Doing Business in China 2017 is designed to introduce the fundamentals of investing in China. Compiled by the professionals at Dezan Shira & Associates in January 2017, this comprehensive guide is ideal not only for businesses looking to enter the Chinese market, but also for companies who already have a presence here and want to keep up-to-date with the most recent and relevant policy changes.
An Introduction to Doing Business in India 2017
An Introduction to Doing Business in India 2017 is designed to introduce the fundamentals of investing in India. As such, this comprehensive guide is ideal not only for businesses looking to enter the Indian market, but also for companies who already have a presence here and want to stay up-to-date with the most recent and relevant policy changes.
An Introduction to Doing Business in Singapore 2017
An Introduction to Doing Business in Singapore 2017 provides readers with an overview of the fundamentals of investing and conducting business in Singapore and outlines the city’s role as a trading hub within ASEAN. The guide explains the basics of company establishment, annual compliance, taxation, human resources, and social insurance in the city-state.
An Introduction to Doing Business in Vietnam 2017
An Introduction to Doing Business in Vietnam 2017 will provide readers with an overview of the fundamentals of investing and conducting business in Vietnam. Compiled by Dezan Shira & Associates, a specialist foreign direct investment practice, this guide explains the basics of company establishment, annual compliance, taxation, human resources, payroll, and social insurance in this dynamic country.
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