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Q&A

Why is investing in China in 2017 different from investing in the country a deca...

Why is investing in China in 2017 different from investing in the country a deca...

A decade earlier China had a GDP growth of 14.2 percent on the back of surging manufacturing and exports. Nowadays, China is entering an upper middle income status with more modest but constant growth, based on domestic consumption, services, and hig...

Q&A

What is the registered capital required for a WFOE in China?

What is the registered capital required for a WFOE in China?

The choice of the amount to register as capital is a delicate decision, because if it is too little, the WFOE application might be rejected by officials, and it could put the company at risk of insolvency, while if it is too much the company risks ha...

Q&A

What are the benefits of using a holding company for a WFOE?

What are the benefits of using a holding company for a WFOE?

Foreign investors may use an intermediary holding structure to serve as the formal investor shareholder of its WFOE. This solution can be chosen in order to benefit from preferential tax treatment by setting up the holding company in a region that ha...

Q&A

What is "Make in India?"

What is

Launched on September 25, 2014, “Make in India” is the major economic plan of Prime Minister Narendra Modi’s government.  With the “Make in India” program, Modi hopes to make India one of the predominant manufacturi...

Q&A

What is India's "Smart Cities Mission?"

What is India's

The Indian government expects that by 2030, 40% of its population will live in urban areas, and will contribute 75% of the nation’s GDP.  The “Smart Cities Mission,” is a plan created by the government in an effort to drive Ind...

Q&A

What is the Digital India policy initiative?

What is the Digital India policy initiative?

The Digital India policy initiative was launched in 2015 in an effort to transform India into a digitally empowered society. Under the Digital India plan, the government looks to make headway in areas such as establishing broadband highways, universa...

Q&A

What is the significance of India’s Coal Mines Bill, promulgated in 2015?

What is the significance of India’s Coal Mines Bill, promulgated in 2015?

The Coal Mines (Special Provisions) Bill, promulgated in May of 2015 allows for the e-auction of coal blocks. Whoever wins the bid at these e-auctions, is given the title, rights, and interest over the land, and mining infrastructure that is in place...

Q&A

What is the significance of India’s Aadhaar Act of 2016?

What is the significance of India’s Aadhaar Act of 2016?

Aadhaar is a unique 12-digit registration number issued by the Indian government to every individual resident of India. Under the Aadhaar Act, passed in 2016, all essential government services and benefits will be linked to the Aadhaar number. Any In...

Q&A

How is minimum wage growth calculated in ASEAN countries?

How is minimum wage growth calculated in ASEAN countries?

The calculation of minimum wage growth varies by country, depending on the power of labor unions and on the government. Historically minimum wages in Vietnam were set at the state level, but after 2012 the National Wage Council, formed by representat...

Q&A

Why is minimum wage not always realistic in ASEAN countries?

Why is minimum wage not always realistic in ASEAN countries?

When considering whether to invest in ASEAN countries, investors need to understand that minimum wages are usually not realistic and do not represent the true cost of labor, because of regional variance due to intra-county disparities in development ...

Q&A

What are the working hours/days in ASEAN countries?

What are the working hours/days in ASEAN countries?

All ASEAN countries have a maximum of six working days per week and an eight hour work day; in Brunei, Cambodia, Laos, Malaysia, Thailand and Vietnam this results in a maximum of 48 hours of work per week. In Myanmar and Singapore, though the limit o...

Q&A

How much is paid for overtime in ASEAN countries?

How much is paid for overtime in ASEAN countries?

Overtime entitles workers  in all ASEAN countries to receive overtime wages for work exceeding standard hours. The lowest retribution is given in the Philippines, where an extra 25 percent of hourly wages is granted for overtime, while the highe...

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