Other Briefings
India, EU Move to Strengthen Ties Amid FTA Negotiations
Jan. 24 – India and the European Union (EU) have been moving to strengthen their ties in both the execution of an India-EU Free Trade Agreement (FTA) and in facilitating trade between Indian and European small to medium-sized enterprises (SMEs). The EU-India FTA will be the world’s biggest trade pact, and will benefit 1.7 billion […]
India-ASEAN Services and Investments FTA Finalized
Jan. 18 – India and the Association of Southeast Asian Nations (ASEAN) finalized their anticipated free trade agreement (FTA) in services and investments on December 20, 2012 during the India-ASEAN Commemorative Summit in New Delhi, India. The move is likely to boost trade to US$100 billion by 2015. Trade between India and ASEAN presently stands […]
Vietnam and Singapore Sign Second Protocol to Amend DTA
Jan. 16 – On September 12, 2012, Singaporean Deputy Prime Minister and Minister for Finance Tharman Shanmugaratnam and Vietnamese Minister of Finance Vuong Dinh Hue signed a second Protocol to amend the existing double taxation agreement (DTA) between the two countries. The DTA entered into force on January 11, 2013 in Singapore, and will be […]
New Issue of Vietnam Briefing: Annual Compliance and Audit
In this issue of Vietnam Briefing, we address a number of annual compliance topics relevant to foreign investors in Vietnam. Namely, annual reporting for foreign-owned enterprises and representative offices, as well as annual tax finalization (corporate income tax and personal income tax), and annual financial statements (structure, general accounting treatments, deductible expenditures, submission).
Singapore-European Union Conclude Free Trade Agreement
Dec. 18 – Singapore concluded an agreement with the European Union (EU) this weekend in a deal that will grant both parties improved access to each other’s markets. Singapore is the first Southeast Asian nation to conclude such a deal, with the agreement seeing the EU eliminating tariffs on all imports from Singapore over a […]
Vietnam-Thailand to Boost Bilateral Trade
Bilateral trade to grow at 20 percent annually Dec. 4 – Vietnam and Thailand, both members of ASEAN, have agreed to boost bilateral trade and improve political and economic links, according to news reports issued by both countries. The two nations have long maintained strong strategic and diplomatic relations, however the new agreements provide better […]
India Amends DTAs with Spain and the United Kingdom
Nov. 21 – India has initiated the process to revise its double taxation avoidance agreements (DTAs) with over 75 countries in an effort to strengthen its legislative framework to control the black money generated domestically and the flow of such illegal funds to foreign countries. On October 26, India signed a protocol to amend the […]
China to Join RCEP, Creating Massive Free Trade Area with ASEAN, India, and Japan
Plus Myanmar issues new foreign investment law Nov. 9 – China is set to commence negotiations to create a 16-nation trade bloc, known as the Regional Comprehensive Economic Partnership (RCEP), with its launch expected to be formally announced at the ASEAN summit in Phnom Penh later this month. The RCEP will include the 10 members […]
Obama to Visit Myanmar, New Foreign Investment Law Released
By Daniel Fleishman Nov. 9 – U.S. President Barack Obama, who won a second term in office this past Tuesday, will be taking a trip to Myanmar later this month as part of a broad tour of Southeast Asia. He will make history as the first American president to visit Myanmar and the second high-level […]
Selling U.S. Exports to Asia’s Middle Class Consumers
Oct. 22 – One of the main issues I’ve been discussing in the United States this past week with law and tax practices, universities, chambers of commerce and potential clients in Columbia, Charlotte, and San Francisco, is the growing trend of American exports to China. The demographics already tell us that a major wave of […]
