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2024.03.28 India
Preliminary Licenses and Registration required by Foreign Investors in India
In order to conduct any business activities in India by a foreign investor, it is imperative to register an entity either by way of Private Company or a Limited Liability Partnership (“LLP”) so as to create a separate legal entity with perpetual existence with the advantage of minimal personal liability to promoter and initial investors of Company and the LLP.
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2024.03.27 China
China’s New Rules to Ease Data Cross-border Transfer
On March 22, 2024, the Cyberspace Administration of China officially announced the Regulations on Facilitating and Regulating Cross-border Data Flow (“Regulations”) and took effect upon the date of announcement. According to the previous regulatory requirements for data outbound transfer, there are three main methods for data outbound transfer: security assessment, standard contract, and protection certification.
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2024.03.18 China
Unlocking Opportunities in the Yangtze River Delta
The Yangtze River Delta stands as a beacon of opportunity for foreign companies seeking advantageous tax policies, robust development projects, and strategic market access within China. This region, encompassing Shanghai and the provinces of Jiangsu, Zhejiang, and Anhui, has been a key driver of China's economic growth, with ambitious plans to further solidify its position as a global economic powerhouse.
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2024.03.15 China
Key points of capital reduction from the perspective of new company law
The new Company Law was amended and passed on December 29, 2023, and will come into effect on July 1, 2024. The new law shortens the deadline for subscribed capital contributions, allowing companies to adjust their registered capital according to their operational conditions. This article starts by focusing on the key provisions of the new law and analyzes the essential points of the capital reduction process, providing practical recommendations.
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2024.03.14 Vietnam
Vietnam Labor Law: What to know when sending Local staff for Training abroad
Today, many enterprises based in Vietnam have a growing demand to send their local staff overseas to join vocational trainings or education programs, aiming to cultivate a high-quality workforce to serve management tasks and specific professional duties of the organization.
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