April Newsletter – China Updates This following update is significant as China has now issued final ‘standard contractual clauses’ which

Beijing maternity leave and paternity leave policy change The Beijing Municipal Regulations on Population and Family Planning regulation have made

UK Budget (Spring Statement) 2023 – Highlights The Chancellor of the Exchequer Mr. Jeremy Hunt presented the United Kingdom (UK)

Hong Kong Budget 2023-24 – Highlights The Finance Secretary of Hong Kong, Paul Chan, presented the budget for the year

Singapore Budget 2023 – Highlights On February 14, 2023, the Finance Minister, Lawrence Wong delivered the budget speech for the year 2023.

India Budget 2023 – Highlights On February 1, 2023, the Finance Minister of India, Ms. Nirmala Sitharaman, presented before Parliament,

Global Updates – January 2023 Global updates – a quick glance Argentina: Foreign individuals and legal entities, without a presence

New policy update: China VAT State Taxation Bureau Announcement:  China VAT reduction and exemption policy for small-scale taxpayers in 2023: 

China Update Payroll Management During Covid – December 2022 The explosion of COVID cases has greatly impacted Beijing, with office

Currently, the Act on the Promotion of Female Participation and Career Advancement (“APFPCA”) obliges employers with more than 300 regular employees

India withdraws “Personal Data Protection Bill, 2019′, intends to have more comprehensive law  In 2019, the Government of India proposed the

Israel: Parliament approves amendments to Tax Ordinance and Transfer Pricing Regulation to be effective from July 5, 2022 The Israeli

Netherlands: Work from Home will be made a legal right The legislation making work from home a legal right was

Spain: B2B e-Invoicing will become mandatory from 2024 In Spain, e-invoicing is mandatory for Business-to-Government (“B2G”) transactions since 2015. Business to

Germany: Online/ digital formation of limited liability companies possible from August 1, 2022 The German Federal Parliament (Bundestag) in June

Highlights of the Digital Personal Data Protection (DPDP) Bill, 2022 India’s New Digital Personal Data Protection (DPDP) Bill, 2022 India’s

UK Autumn Fiscal Statement – Key Proposals On November 17, 2022, UK Chancellor of Exchequer Mr. Jeremy Hunt presented the

China Updates Pension Guidelines Over the past weekend, China’s State Council announced a new private pension scheme that will allow