Welfare Payments in China to be Redefined as Taxable Income - Updates | Dezan Shira & Associates

About Us
About Us

Careers

News

Media and Partners

Personnel

Client Success Stories

About Us

Who We Are

Company Overview

Asia Briefing

Asian Alliance

History

Our Brands

With over 30 years of expertise, Dezan Shira & Associates guides international investors and businesses through Asia's complex business landscape as your partner for growth.

Contact our local experts Success stories

Careers

Careers

Our Core Values

Career Opportunities

Internship Positions

Meet Our People

Explore career opportunities with Dezan Shira & Associates and join a dynamic team driving business success across Asia.

Join our team

News

Company News

All company news

Dezan Shira & Associates Europe Desk Joins LEA Global European & MENA Regional Conference 2026 in ParisMay 13, 2026

Dezan Shira & Associates’ Marco Förster Provides Insights on Vietnam’s Investment Landscape at Swiss-Viet Economic Forum 2026 Pre-Event WebinarMay 12, 2026

Dezan Shira & Associates Shares Practical IP and AI Insights with Kazakhstan and Uzbekistan Delegations in ShanghaiApr 29, 2026

Stay updated with key milestones and developments from Dezan Shira & Associates.

Our latest company updates

Events

Latest Events

See our upcoming events

Thursday, June 12, 2025Unlocking Growth in Vietnam: A Strategic Opportunity for Australian Businesses

Tuesday, June 17, 2025Future-Ready in ASEAN: Strategic Advantages of the Johor-Singapore Special Economic Zone

Tuesday, June 24, 2025Fast-Track to Indonesia: Scale Without Setting Up a Company

See all our upcoming events

Join our events to gain insights on business developments across Asia, featuring expert speakers discussing the latest industry trends.

See all our upcoming events Subscribe to our newsletter to receive updates in your inbox

Media and Partnerships

Media and Partnerships

Media

Partnerships

Explore our media presence and strategic partnerships that enhance our reach and strengthen our service offerings across Asia and beyond.

Contact our local experts Success stories

Client Success Stories

Client Success Stories

Our Clients

Brochures

Case Studies

Expert Series Videos

Explore how Dezan Shira & Associates has empowered clients across Asia with tailored solutions and strategic insights across markets and industries.

Learn how we help businesses thrive in Asia

Personnel

Personnel

All personnel

China

Dubai

Germany

Hong Kong SAR

India

Italy

Indonesia

Mongolia

Singapore

Vietnam

United States

Discover the talented professionals who lead Dezan Shira & Associates, driving our mission to support your business growth across Asia.

Meet our team
Services
Accounting

Audit and Financial Review

Business Advisory

Business Intelligence

China Outbound | 境外直接投资

Corporate Establishment

Government and Economic Development

HR and Payroll

Mergers and Acquisitions

Risk Management and ESG

Tax

Technology

All Our Services

Accounting

Accounting

Our Accounting Services

Digital Expense Management

Offshore Accounting Services

Treasury Management

Virtual CFO and Interim Finance

Our accounting services ensure accurate financial planning, management and compliance for your business in Asia.

Contact us today View our corporate brochures Success stories

Audit and Financial Review

Audit and Financial Review

Our Audit and Financial Review Services

Financial Statement Audits

Financial Reviews and Advisory

Yearly Statutory Audits

Our audit and financial review services ensure compliance, accuracy, and transparency in your business’s financial practices across various jurisdictions in Asia.

Contact us today View our corporate brochures Success stories

Business Advisory

Business Advisory

Our Business Advisory Services

Commercial Advisory

Contract Advisory

Intellectual Property

International Expansion

Labor and Employment Advisory

Our business advisory services offer strategic guidance to help you navigate challenges and seize opportunities in Asia’s complex markets. Partner with us for expert insights and solutions.

Contact us today View our corporate brochures Success stories

Business Intelligence

Business Intelligence

Our Business Intelligence Services

Supply Chain and Tariff Advisory

Business Partner Matching

Cross Country Benchmarking

Location Analysis and Site Selection

Market Entry Strategy

Market Research and Market Study

Leverage our business intelligence services to optimize your strategy with our expert analysis, gain actionable insights, make informed decisions, and stay ahead in Asia’s competitive markets.

Contact us today View our corporate brochures Success stories

Corporate Establishment and Governance

Corporate Establishment and Governance

Our Corporate Establishment and Governance Services

Corporate Governance

Corporate Structuring

Corporate Secretarial

Nominee Director

Outbound Direct Investment

Professional Employer Organization

Our corporate establishment and governance services ensure your business is set up efficiently and operates within requisite legal frameworks across Asia.

Contact us today View our corporate brochures Success stories

境外直接投资

境外直接投资

境外直接投资咨询

中文事务部

并购

公司设立与治理

商业智能

税务服务

风险管理、合规与ESG

我们的境外投资咨询团队致力于为有意拓展海外业务的中国及亚洲企业提供专业且全面的服务。

联系我们

HR and Payroll

HR and Payroll

Our HR and Payroll Services

asiaadmin® - Your HR and Payroll Solution for Asia

Executive Search and Recruitment

Human Resources

Payroll

PEO and Global Staffing Solutions

Our HR services in Asia ensure your business meets local compliance, attracts top talent, and implements effective HR strategies for sustained growth.

Contact us today View our corporate brochures Success stories

Mergers and Acquisitions

Mergers and Acquisitions

Our M&A Services

Due Diligence

Initial Offer and Negotiation

Post-Merger Integration

Signing and Deal Closing

Target Research and Identification

Navigating an M&A transaction in Asia successfully requires overcoming unique regulatory, transparency, and other “emerging market” factors. We specialize in dedicated and cross-functional M&A project support.

Contact us today View our corporate brochures Success stories

Risk Management, Compliance and ESG.

Risk Management, Compliance
and ESG

Our Risk Management and Compliance Services

Sustainability and ESG Compliance

Fraud Prevention

Financial Statement Audits

Risk Advisory and Fraud Investigations

Special Purpose Reviews

Yearly Statutory Audits

Business Health Check

Businesses require dependable solutions to ensure strong risk management and compliance. We help create sustainable value in Asia by better addressing areas of operational, financial, and reputational risk.

Contact us today View our corporate brochures Success stories

Tax

Tax

Our Taxation Services

Corporate Tax

Indirect Tax (including VAT, GST etc.)

Individual Income Tax

International Tax, Cross-Border Tax and Transactions

Transfer Pricing

Tax planning considerations and regulations are complex and often changing, particularly in emerging markets. We help companies expertly navigate Asia’s corporate, indirect, individual, international tax, and transfer pricing domains.

Contact us today View our corporate brochures Success stories

Technology

Technology

Our Technology Services

Cloud Applications

Cybersecurity and Audit

Digital Expense Management

Data Privacy and Compliance

ERP and Information Systems

IT Infrastructure and Integration Services

Transformation and Cloud Services

Lightweight ERP Service Bundle

Virtual CIO and Advisory Services

Operating in Asia requires navigating local technology solutions, compliance regimes, and languages. We provide resources and solutions that businesses need to stay ahead of the curve.

Contact us today View our corporate brochures Success stories

Government and Economic Development

Government and Economic Development

Our Government and Economic Development Services

Business and Market intelligence

In-Market Representation

Trade Missions and Trade Shows

Overseas Office Staffing Solutions

Our services support economic development organizations with practical expertise in Asia, enabling them to deliver stronger results for trade, investment, and regional growth.

Contact us today View our corporate brochures Success stories

Education

Energy and Cleantech

Food and Beverage

Government

Healthcare

Information Technology

Manufacturing

Professional Services

Retail and Consumer Brands

Education

Education

How We Can Help

FEATURED INSIGHTS

China’s Education Sector: Latest Trends and Policies

Investing in India's Education Market

Cambodia Issues Tax Incentives for the Education Sector

Education in Vietnam: Opportunities and Challenges

Investors in Asia's growing education sector face restrictive caps, evolving regulations, and technological disruptions. Our expertise helps you navigate these challenges successfully.

See how we can support your business

Retail and Consumer Brands

Retail and Consumer Brands

How We Can Help

FEATURED INSIGHTS

China Eases Foreign Ownership Restrictions for Theme Park, Cinema, and Entertainment Exhibition Operators

India’s Skill Gaming Industry: Investment Outlook and Regulatory Landscape

Swiftonomics: Fueling Singapore’s Entertainment Hub Growth

The Video Game Industry in Vietnam: Opportunities and Challenges

Asia's retail and consumer Brands industries are booming, driven by new trends and innovations. We help you navigate the complex market and regulatory landscape.

See how we can support your business

Energy and Cleantech

Energy and Cleantech

How We Can Help

FEATURED INSIGHTS

China Offers Special Equipment Tax Incentive for Green and Digital Development

Investing in India’s Green Economy

Prospects for Electric Battery Production in Indonesia

ESG Strategy a Key Focus Area for Foreign Businesses in Vietnam

The escalating threat of climate change, growing government regulations, and rapid technological advancements create a complex landscape for operating in Asia's environment and cleantech industry. Our experts help you navigate these challenges effectively.

See how we can support your business

Food and Beverage

Food and Beverage

How We Can Help

FEATURED INSIGHTS

Exporting Food Products to China: A Step by Step Guide

India’s Food Processing Industry Sees Over INR 70 Billion in Investments Under PLI Scheme

Comprehensive Guide to Halal Certification in Indonesia

Vietnam Market Entry Strategy for Foreign F&B Companies

Rising disposable incomes, rapidly evolving consumption patterns, and stricter government regulations are reshaping Asia's F&B industry. Our experts help businesses adapt to changes and thrive.

See how we can support your business

Healthcare

Healthcare

How We Can Help

FEATURED INSIGHTS

Understanding China’s Internet Healthcare and Opportunities for Investors

Investing in India's Healthcare Sector: Opportunities and Enabling Policies

Singapore’s Healthcare Industry: Gateway to ASEAN’s Healthcare Market

Why Investors Should be Optimistic About Vietnam’s Healthcare Industry

Asia's healthcare industry is expanding to meet global demand for innovative healthcare facilities. We help you navigate growth opportunities and the regulatory landscape for business success.

See how we can support your business

Information Technology

Information Technology

How We Can Help

FEATURED INSIGHTS

Ultimate Guide to PIPL Compliance: Navigating China's Personal Information Protection Law

Accessing Indian Consumers from Overseas and Opportunities in the Digital Economy

Opportunities in Indonesia’s Financial Technology Sector

Complying with Vietnam’s Personal Data Protection Decree

Asia's IT industry is booming with rapid advancements and increasing digital adoption. Our experts help guide you through diverse regulations and market dynamics.

See how we can support your business

Manufacturing

Manufacturing

How We Can Help

FEATURED INSIGHTS

Tax Incentives for Manufacturing Companies in China in 2024

Inside India's Manufacturing Revolution: Strategies and Insights for Business Success

The Allure of Singapore for High-Tech Manufacturing

Semiconductor Manufacturing in Vietnam vs Taiwan

Asia's manufacturing sector is thriving, driven by innovation and robust supply chains. Our expertise helps you capitalize on growth opportunities and navigate country-specific regulations.

See how we can support your business

Government

Government

How We Can Help

FEATURED INSIGHTS

Setting Up a Foreign NGO in China

Process of Registering Your NGO in India: Trust, Society, Section 8 Company

Non-Profit Organization Entities in Singapore: PCLG, Society, and Charitable Trust

How to Set Up an NGO in Vietnam

Asia's NGO sector provides increasing opportunities for social impact. Dezan Shira can ensure your business compliance and growth to achieve your mission effectively.

See how we can support your business

Professional Services

Professional Services

How We Can Help

FEATURED INSIGHTS

China’s Auditing, Accounting, and Tax Services Industry

Taxation and Accounting

How Businesses Can Benefit from ASEAN’s Professional Services Sector

Getting Your Goods to Market in Vietnam

Asia's professional services sector is experiencing rapid growth, driven by increasing demand for expertise and innovation. Our guidance ensures your firm thrives in this dynamic environment.

See how we can support your business
Events & Webinars
ASEAN

China

India

Indonesia

Hong Kong SAR

Singapore

Vietnam

UAE / Middle East

Australia

Europe

North America

All Upcoming Events

ASEAN

Latest Events in ASEAN

Tuesday, May 26, 2026Unlocking Southeast Asia: Opportunities in Malaysia and Vietnam for U.S. Manufacturers

Wednesday, May 27, 2026Doing Business in India 2026 - Sector Opportunities, Market Entry, and Execution Realities for Foreign Investors

See all our upcoming events

Join our events to gain insights on business developments across Asia, featuring expert speakers discussing the latest industry trends.

See all our upcoming events Subscribe to our newsletter to receive updates in your inbox

China

Latest Events in China

Tuesday, May 26, 2026Unlocking Southeast Asia: Opportunities in Malaysia and Vietnam for U.S. Manufacturers

Wednesday, May 27, 2026Doing Business in India 2026 - Sector Opportunities, Market Entry, and Execution Realities for Foreign Investors

See all our upcoming events

Join our events to gain insights on business developments across Asia, featuring expert speakers discussing the latest industry trends.

See all our upcoming events Subscribe to our newsletter to receive updates in your inbox

India

Latest Events in India

Wednesday, May 27, 2026Doing Business in India 2026 - Sector Opportunities, Market Entry, and Execution Realities for Foreign Investors

Wednesday, June 3, 2026India’s Maritime Economy 2026: Business Opportunities for Global Maritime Companies

See all our upcoming events

Join our events to gain insights on business developments across Asia, featuring expert speakers discussing the latest industry trends.

See all our upcoming events Subscribe to our newsletter to receive updates in your inbox

Indonesia

Latest Events in Indonesia

Tuesday, May 26, 2026Unlocking Southeast Asia: Opportunities in Malaysia and Vietnam for U.S. Manufacturers

Wednesday, May 27, 2026Doing Business in India 2026 - Sector Opportunities, Market Entry, and Execution Realities for Foreign Investors

See all our upcoming events

Join our events to gain insights on business developments across Asia, featuring expert speakers discussing the latest industry trends.

See all our upcoming events Subscribe to our newsletter to receive updates in your inbox

Hong Kong SAR

Latest Events in Hong Kong SAR

Tuesday, May 26, 2026Unlocking Southeast Asia: Opportunities in Malaysia and Vietnam for U.S. Manufacturers

Wednesday, May 27, 2026Doing Business in India 2026 - Sector Opportunities, Market Entry, and Execution Realities for Foreign Investors

See all our upcoming events

Join our events to gain insights on business developments across Asia, featuring expert speakers discussing the latest industry trends.

See all our upcoming events Subscribe to our newsletter to receive updates in your inbox

Singapore

Latest Events in Singapore

Tuesday, May 26, 2026Unlocking Southeast Asia: Opportunities in Malaysia and Vietnam for U.S. Manufacturers

Wednesday, May 27, 2026Doing Business in India 2026 - Sector Opportunities, Market Entry, and Execution Realities for Foreign Investors

See all our upcoming events

Join our events to gain insights on business developments across Asia, featuring expert speakers discussing the latest industry trends.

See all our upcoming events Subscribe to our newsletter to receive updates in your inbox

Vietnam

Latest Events in Vietnam

Thursday, May 28, 2026Supply Chain Diversification: Vietnam in a Shifting Global Landscape

Thursday, May 28, 2026Beauty Opportunities In Vietnam: Opportunities, Insights and Why it is worth exploring now

See all our upcoming events

Join our events to gain insights on business developments across Asia, featuring expert speakers discussing the latest industry trends.

See all our upcoming events Subscribe to our newsletter to receive updates in your inbox

UAE / Middle East

Latest Events in UAE / Middle East

Tuesday, May 26, 2026Unlocking Southeast Asia: Opportunities in Malaysia and Vietnam for U.S. Manufacturers

Wednesday, May 27, 2026Doing Business in India 2026 - Sector Opportunities, Market Entry, and Execution Realities for Foreign Investors

See all our upcoming events

Join our events to gain insights on business developments across Asia, featuring expert speakers discussing the latest industry trends.

See all our upcoming events Subscribe to our newsletter to receive updates in your inbox

Australia

Latest Events in Australia

Tuesday, May 26, 2026Unlocking Southeast Asia: Opportunities in Malaysia and Vietnam for U.S. Manufacturers

Wednesday, May 27, 2026Doing Business in India 2026 - Sector Opportunities, Market Entry, and Execution Realities for Foreign Investors

See all our upcoming events

Join our events to gain insights on business developments across Asia, featuring expert speakers discussing the latest industry trends.

See all our upcoming events Subscribe to our newsletter to receive updates in your inbox

Europe

Latest Events in Europe

Thursday, May 28, 2026Entering Malaysia: Market Access, IP Protection and Opportunities in Food Processing & Packaging for Italian Businesses

Tuesday, May 26, 2026Unlocking Southeast Asia: Opportunities in Malaysia and Vietnam for U.S. Manufacturers

Wednesday, May 27, 2026Doing Business in India 2026 - Sector Opportunities, Market Entry, and Execution Realities for Foreign Investors

See all our upcoming events

Join our events to gain insights on business developments across Asia, featuring expert speakers discussing the latest industry trends.

See all our upcoming events Subscribe to our newsletter to receive updates in your inbox

North America

Latest Events in North America

Tuesday, May 26, 2026Unlocking Southeast Asia: Opportunities in Malaysia and Vietnam for U.S. Manufacturers

Wednesday, May 27, 2026Doing Business in India 2026 - Sector Opportunities, Market Entry, and Execution Realities for Foreign Investors

See all our upcoming events

Join our events to gain insights on business developments across Asia, featuring expert speakers discussing the latest industry trends.

See all our upcoming events Subscribe to our newsletter to receive updates in your inbox
Resources
Client Success Stories

Asia Briefing

Doing Business Guides

Asiapedia

Asia Market Intelligence

Asia Briefing

Asia Briefing

About Asia Briefing

Publication Store

ASEAN Briefing

China Briefing

India Briefing

Middle East Briefing

Vietnam Briefing

Leverage our expertise to navigate the region’s dynamic markets with Asia Briefing’s in-depth articles, reports, and guides on business trends and opportunities across Asia.

Contact Asia Briefing Download our media kit Subscribe to Asia Briefing

Doing Business Guides

Doing Business Guides

ASEAN

China
Visit Portal

Dubai
Visit Portal

Hong Kong
Visit Portal

India
Visit Portal

Indonesia
Visit Portal

Vietnam
Visit Portal

Singapore
Visit Portal

Download our 2025 Doing Business Guides for in-depth, updated information on navigating the business landscape in Asia.

Download publications

Asiapedia

Asiapedia

Magazines and Guides

Video

Webinar Replay

Explore Asiapedia for an extensive collection of resources on doing business in Asia. Our comprehensive library offers valuable insights and practical knowledge brought to you by our experts.

Explore our Asia market resources

Asia Market Intelligence

Asia Market Intelligence

Asia Manufacturing Index

Asiapedia

Publications

Webinar Replays

Search

Discover tools and resources offered by Dezan Shira & Associates to support your business operations and strategy in Asia. Enhance your approach with our expert insights.

Explore Asia Manufacturing Index View our Asia merger portal

Client Success Stories

Client Success Stories

Our Clients

Brochures

Case Studies

Expert Series Videos

Explore how Dezan Shira & Associates has empowered clients across Asia with tailored solutions and strategic insights across markets and industries.

Log in to your Asiapedia account Sign up to access insights

asiamerger - M&A portal

asiamerger - M&A portal

Buy-side Listings

Sell-side Listings

Outbound Direct Investment 业务出海

Mergers and Acquisitions

asiamerger is a buy-side and sell-side and investor portal of free listings for mid-sized M&A projects. Find and connect with M&A projects across Asia.

Contact our M&A team
Locations
Asia Pacific

China

Europe

Middle East

North America

International Desks

All Global Offices

Asia Pacific

Asia Pacific

Australia

Bangladesh

Cambodia

India

Indonesia

Japan

Thailand

Malaysia

Mongolia

Nepal

Philippines

Singapore

South Korea

Sri Lanka

Vietnam

Dezan Shira & Associates offers comprehensive services across the Asia Pacific region, addressing diverse market needs and regulatory environments to support your business growth.

Our network of global offices

China

China

Hong Kong SAR

Beijing

Dalian

Guangzhou

Haikou

Hangzhou

Ningbo

Qingdao

Shanghai

Shenzhen

Suzhou

Tianjin

Zhongshan

Dezan Shira & Associates offers comprehensive services across the Asia Pacific region, addressing diverse market needs and regulatory environments to support your business growth.

Explore our global network of offices

Middle East

Middle East

Dubai, UAE

Dezan Shira & Associates provides expert guidance in the Middle East, helping businesses navigate the region’s unique regulatory and market landscapes.

Explore our global network of offices

Europe

Europe

Germany

Italy

Poland

Dezan Shira & Associates delivers specialized support across Europe, helping businesses navigate complex regulations and market conditions for successful international expansion.

Explore our global network of offices

North America

North America

Washington D.C.

Dezan Shira & Associates offers tailored services to support North American businesses entering and expanding in Asia, helping them navigate market complexities and regulatory environments with ease.

Explore our global network of offices

International Desks

International Desks

Australian Desk

Chinese Desk

German Desk

Italian Desk

Middle East Desk

North American Desk

Spanish Desk

UK and Ireland Desk

Our International Desks are a bridge between your business and Asia, guiding you through cultural nuances and regulatory landscapes for seamless market entry.

Explore our global network of offices
Contact Us

Login

Thousands of free articles, guides, publications, and videos about doing business in Asia

Create Member Account

Download our latest reports, guides and publication

Stay up to date with breaking news, regulatory updates, and Asia Briefing publications

Access presentations, webinars, podcasts, reports, Q&As and more

Track paid orders and connect with our support team

Sign Up Now

Member Login

Forgot password?

Dec 4, 2009

China

❮ Previous Next ❯

More News

Patricia Aranguren Joins ETL GLOBAL Spain Meeting During Barcelona and Madrid Visit

May 26, 2026

Patricia Aranguren Joins ETL GLOBAL Spain Meeting During Barcelona and Madrid Visit

May 22, 2026

Dezan Shira & Associates Joined European Chamber Seminar on Asian Manufacturing and Supply Chain Resilience

May 13, 2026

Dezan Shira & Associates Europe Desk Joins LEA Global European & MENA Regional Conference 2026 in Paris

May 12, 2026

Dezan Shira & Associates’ Marco Förster Provides Insights on Vietnam’s Investment Landscape at Swiss-Viet Economic Forum 2026 Pre-Event Webinar

Apr 29, 2026

Dezan Shira & Associates Shares Practical IP and AI Insights with Kazakhstan and Uzbekistan Delegations in Shanghai

View All News