The Shenzhen government released the Administrative Measures of Shenzhen for the Recognition of High and New Technology Enterprises earlier this month, laying out two sets of rules regarding the recognition of high-tech enterprises in the city.
The Indian government is considering opening the education industry for foreign education companies and other cross-border players.
U.S. taxpayers holding financial interest or other authority over a financial account in a foreign country amounting to more than US$10,000 are required to file the annual Foreign Bank Account Report (FBAR) by June 30th of the following year.
The Indian government may extend tax exemptions to March 31, 2010 for the exports earnings of information technology units doing business in the Software Technology Parks of India.
Starting next month, Hong Kong businesses will be able to settle international trade in yuan with companies in Guangzhou, Shenzhen, Shanghai, Dongguan and Zhuhai.
According to a Japan External Trade Organization (JETRO) report, the amount spent by companies on wages, land rent and power in Vietnam last year was competitively lower compared to other countries in the region.
The Indian government has approved 10 new Special Economic Zones (SEZ) while also allowing the extension of four projects, including Reliance Industries
The newly-appointed government may look into liberalizing the entry of foreign direct investment in certain sectors like defense production and insurance as well as implement reforms on civil aviation policy.