The Beijing Municipal Human Resources and Social Security Bureau and the Beijing Municipal Taxation Bureau of the State Administration of Taxation jointly issued the Notice on...
The Shanghai Municipal Bureau of Human Resources and Social Security announced that the average salary of social employed persons in 2022 is RMB12,183/month, and the upper lim...
The Indian Ministry of Corporate Affairs (MCA), provided a on dated April 17, 2023, notified the Companies (Removal of Names of Companies from the Register of Companies) Amend...
The Indian Central Board of Indirect Taxes and Customs (“CBIC”) has lowered the aggregate turnover threshold for applicability of e-invoicing provisions under the Goods an...
This following update is significant as China has now issued final 'standard contractual clauses' which companies need to incorporate in their contracts with overseas recipien...
The Beijing Municipal Regulations on Population and Family Planning regulation have made changes to the maternity leave and paternity leave days effective January 1, 2022: A...
The Chancellor of the Exchequer Mr. Jeremy Hunt presented the United Kingdom (UK) Budget (Spring Statement) 2023 before the Parliament on March 15, 2023.
The Finance Secretary of Hong Kong, Paul Chan, presented the budget for the year 2023–24 on February 22, 2023. Hong Kong experienced a slowdown in 2022 with the economy cont...
On February 14, 2023, the Finance Minister, Lawrence Wong delivered the budget speech for the year 2023. The Finance Minister (“FM”) stated that the Singaporean economy ha...
On February 1, 2023, the Finance Minister of India, Ms. Nirmala Sitharaman, presented before Parliament, the last full-fledged Union Budget before the 2024 Lok Sabha elections...
Global updates - a quick glance Argentina: Foreign individuals and legal entities, without a presence in Argentina who are processing personal data of Argentine data subjects,...
The goal of this policy update is to reduce the tax burden on so-called small-scale taxpayers, and to help these taxpayers grow their businesses. The Chinese tax authority rel...
The explosion of COVID cases has greatly impacted Beijing, with office buildings and streets empty and daily life significantly disrupted. Just two weeks after leaders eased t...
The "Act on the Implementation of the Digitization Directive" ('DiRUG') now facilitates the incorporation of LLC digitally. Effective from on August 1, 2022, this legislation...
In Spain, e-invoicing is mandatory for Business-to-Government (“B2G”) transactions since 2015. Business to business (“B2B”) e-invoicing will become mandatory for all c...
The legislation making work from home a legal right was passed on July 5, 2022, by the lower House of Dutch Parliament. The implementation of this law is subject to the approv...
The Israeli Parliament enacted the amendments to the Israeli Tax Ordinance (the “Ordinance”) and the Israeli transfer pricing regulations (the “Regulations”) to introd...
Indian Government had proposed “Personal Data Protection Bill, 2019" in the year 2019 for protection of personal data by all type of entities. However, the proposed act is w...