Monthly Archives: November 2010

Vietnamese Commercial Banks Increase Interest Rate for Deposits, Lending

Several Vietnamese commercial banks increased interest rate returns on dong deposits to 13 percent per year, as well as offered other incentives to attract new customers and retain existing ones. Continue reading

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India Sees 40% Rise in September FDI Inflows

Bucking a three-month trend of declining foreign direct investment inflows, India received US$2.11 billion in FDI in September, good for a 40 percent rise over the same month last year, according to an official from the industry ministry.
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China’s New Round of Tax Policy Reforms to Target VAT and Personal Income Tax

China is planning to accelerate its taxation policy reform that focuses on economic development mode transformation and income gap reduction. Continue reading

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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. Continue reading

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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. Continue reading

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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. Continue reading

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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.
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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. Continue reading

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Die Welt der chinesischen Unternehmensstempel

Wer in China Geschäfte machen will, wird schnell Bekanntschaft mit offiziellen Siegeln und Stempeln der Firmen machen. Diese Gerätschaften werden von der Verwaltung sowie dem Management von Unternehmen zur Beglaubigung und Autorisation von Dokumenten genutzt. Continue reading

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Umsiedlung Ihrer Gesellschaft mit ausschließlich ausländischer Beteiligung (WFOE): Eine Frage der Organisation

Auf Grund steigender Arbeitskosten in China, besonders in den Küstenregionen des Ostens und Südens, denken viele ausländische Investoren über die logistischen Voraussetzungen einer Umsiedlung Ihrer WFOE nach. Continue reading

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