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2023.12.05 India
Invest in India: All You Need to Know About Stamp Duty
Contracts play a vital role in establishing business relations between the foreign investor and domestic entity. They also serve as a backbone for all business transactions and maintaining commercial relationships. After drafting of a contract in accordance with the law laid down under the Indian Contract Act, 1867, it becomes essential that the contracts are enforceable. In order for the contract to be enforceable it is essential that proper stamp duty has been paid.
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2023.11.28 China
Invest in China - The Chinese Individual Tax Subsidies for Expats in GBA
Investing in China can be influenced by various factors, including tax incentives and subsidies provided to expatriates in regions like the Greater Bay Area (GBA). The Chinese government has been implementing initiatives to attract foreign talent and foreign direct investments to the GBA by offering tax subsidies and incentives to eligible expats.
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2023.11.20 Vietnam
Vietnam Labor Law 2023: Decree 70 on Foreign Employees
Vietnam is actively seeking to bolster its ability to attract high-caliber international talent while simultaneously safeguarding the interests of its domestic workforce.
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2023.11.14 India
Understanding Indian Contracts for Foreign Investors
Commercial contracts in India as well as in any other country are a legally binding agreement that regulate business relationships between entities or individuals, which involve the performance of the matter prescribed in the contract. Under such contracts, parties are obligated to do or restrain from doing stipulated acts and usually include binding terms, in regard to all aspects of business such as hiring, wages, leasing, insurance, loans, termination and employee status and safety. In this article we would like to highlight the most common types of contract that local and foreign companies are frequently involved in while doing business with India, by representing their main characteristics.
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2023.11.08 China
Invest in China: Exploring Beijing's "Two Zones"
This year marks the third year of construction for the Beijing’s “Two Zones”. Since Chinese President Xi announced support for the development of a national integrated demonstration zone for greater openness in the services sector and the establishment of a pilot free trade zone characterized by scientific and technological innovation, openness in the services sector, and the digital economy at the opening ceremony of the 2020 China International Fair for Trade in Services (CIFTIS), Beijing has been actively constructing these “Two Zones”.
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