Company News
Latest News
New Minimum Capital Requirement May Soon Be Instituted for Companies Looking to List in Vietnam
Vietnam’s State Securities Commission is looking to increase the minimum capital requirement for companies wanting to list on the nations bourses.
China Tightens Restrictions on Real Estate Purchases by Foreigners
A new circular recently released by the Chinese government reiterates a four-year-old regulation that limits housing purchases by foreigners and imposes more restrictions on the amount and region of the properties.
Minimum Wage Set to Rise Next Year in Vietnam
Starting next year, Vietnam will increase the mandatory minimum monthly salaries for people working at local and foreign companies by between VND100,000 and VND370,000 according to a government statement issued last week.
NGOs in India No Longer Need to Renew Tax Concession Status
India’s Central Board of Direct Taxes announced on Wednesday that non-governmental organizations, charitable institutions and other groups that are eligible for tax benefits and can issue tax benefit receipts to those who give donations will no longer need to renew their tax concession status every three years.
China SAT to Allow Firms to Deduct Losses from Taxable Income
Beginning December 1, 2010, enterprises that have seen an increase in income may make up their losses incurred in previous years, according to a recent announcement made by China’s State Administration of Taxation.
Vietnam Establishes New Economic Zone in Ca Mau Province
The Vietnamese government approved the establishment of a new economic zone in the country’s southernmost province of Ca Mau on October 27, looking to take advantage of the region’s geographical position and existing business environment.
RBI Hikes Interest Rates for Sixth Time this Year
India’s central bank raised interest rates on Tuesday for the sixth time this year, but said that rates will probably remain stable for the next three months.
Customs Adds Extra Administrative Processes for Enterprises Importing Trade Goods
China’s General Administration of Customs has made an amendment to the Measures for Customs’ Supervision over and Administration of Processing Trade Goods, which will be effective December 5, 2010.
New Amendment Set to Alter Vietnam’s Insurance Market
Vietnam’s draft law on the amendments and supplements to the Business Insurance Law will be submitted to the Vietnamese National Assembly for approval at the body’s next meeting, to be held from October 20 to November 27.
India Scraps Foreign Employment Visa Policy While Introducing Another
The Indian government has decided to exchange its current employment visa policy regarding the number of foreign residents a company may employ in favor of a new one.
To learn more about how we can support you, contact one of our local experts.
We provide professional services tailored to Asia´s business environment across the full business cycle.
Talk to experts