China’s foreign investment landscape has experienced pivotal changes this year. The Middle Kingdom can still be a challenging place to do business, but its economy has outperformed expectations. In this issue of China Briefing magazine, we examine how foreign investors can capitalize on China’s latest FDI reforms. First, we outline new industry liberalizations in both China’s FTZs and the country at large. We then consider when an FTZ makes sense as an investment location, and what businesses should consider when entering one. Finally, we give an overview of China’s latest pro-business reforms that streamline a wide range of administrative and regulatory measures.
Dans ce numéro de China Briefing, nous tentons de guider les lecteurs à travers les différentes facettes de la structure WFOE et présentons les réformes mises en œuvre par le gouvernement chinois cette année passée, privilégiant à présent des démarches administratives allégées et un processus simplifié. Nous discutons des avantages que peuvent apporter une structure WFOE dans un contexte chinois changeant, détaillons les critères à satisfaire avant la création d’une telle structure, clarifions étape-par-étape le processus d’incorporation et explicitons la nouvelle règle singulière de la « personne véritablement en charge ».
While fraud is a well-known issue for foreign investors doing business in China, many companies underestimate the risks of fraud occurring from within their own organizations. The answer to limiting exposure to these risks is internal control. In this issue of China Briefing magazine, we explain what makes China’s internal control environment distinct, and why China-based operations need to prioritize internal control. We then outline how to execute an internal control review to gauge organizational resiliency and identify gaps in control points, and introduce practical internal controls for day-to-day operations. Finally, we explore why ERP systems are becoming increasingly integral to companies’ internal control regimes.
In this issue of Vietnam Briefing we detail the structure of Vietnam’s investment landscape and outline of the most prudent market entry models for foreign enterprises seeking to take advantage of ongoing reforms. We highlight opportunities for 100 percent foreign owned investment projects, discuss the utility of representative offices in pursuing market expansion, and showcase the role that joint ventures can play in maximizing access to restricted sectors.
In this issue of ASEAN Briefing magazine, we provide an introduction to the Philippines as well as analyze the various market entry options available for investors interested in expanding to the island nation. We also discuss the step-by-step process for setting up a business entity in the Philippines, highlighting the various statutory requirements for overseas investors. Finally, we explore the potential for Singapore to serve as a viable base to administer investors’ Philippine operations.
In this issue of Russia Briefing, we explain the basics of business set up for foreign investors, from trademark registration, representation, trading mechanisms, and manufacturing. With low corporate tax rates, Russia is set to become the most dynamic of the trade corridors opening up to Asia.
In this issue of ASEAN Briefing, we discuss payroll processing and reporting in Singapore as well as analyze the options available for foreign companies looking to centralize their ASEAN payroll processes. We begin by discussing the various regulations that impact salary computation, and tax and social security calculation in Singapore. We then explore the potential for Singapore to emerge as a premier payroll processing center in ASEAN. Finally we consider the benefits of outsourcing payroll – both Singapore-based and ASEAN-wide – to a reliable third-party payroll processing provider.
In questo numero di Vietnam Briefing delineiamo la struttura di base delle norme contabili in vigore, approfondiamo il tema dei principi contabili vietnamiti esistenti evidenziando le differenze esistenti con i principi contabili internazionali. Infine, il nostro esperto contabile fornisce alcune preziose informazioni per assicurarsi di rispettare le norme vietnamite.
In this edition of Vietnam Briefing, we discuss Vietnam’s current statutory requirements regarding payment, social insurance withholdings, and individual income taxation. We go on to explain the areas where compliance is likely to become a concern for HR managers. Finally, we describe the importance of payroll processing, touching on its adoption in Vietnam, the benefits of outsourcing, and the options available to those seeking to utilize payroll processing services.
In this issue of India Briefing Magazine, we discuss payroll processing and reporting in India, and the various regulations and tax norms that impact salary and wage computation. Further, we explain India’s complex social security system and gratuity law, and how it applies to companies. Finally, we describe the importance of IT infrastructure, compliance, and confidentiality when processing payroll in India.