| | Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | | | Starting November 15, 2024, businesses in the UAE, particularly in the cryptocurrency and investment fund sectors, will experience a significant shift in their tax obligations due to new VAT exemptions. Interestingly, the transfer and conversion of virtual assets will now be exempt from VAT, effective retrospectively from January 1, 2018. | | | | | For expatriates, this guide outlines everything you need to know about obtaining a driving license in Saudi Arabia, driving regulations, and vehicle ownership. | | | | | Key export markets for India’s halal meat products in the Middle East are the UAE, Saudi Arabia, Oman, Bahrain, Qatar, Jordan, and Türkiye. | | | | | This CEPA is the UAE’s first such partnership with an Arab nation, underscoring the strengthening of ties between the two countries. The agreement aims to accelerate economic growth, create jobs, and enhance key industries such as renewable energy, manufacturing, transport, pharmaceuticals, and food processing. | | | | | The CEPA between the UAE and Serbia is projected to add US$351 million to the UAE's GDP by 2032. This is the UAE’s first CEPA agreement with a non-WTO member country. |
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COMPLIMENTARY BUSINESS RESOURCES: |  | | | | | This issue of ASEAN Briefing offers an overview of Indonesia's labor market, covering local employment laws, key trends, and emerging sectors, providing insights into workforce dynamics and opportunities in the country. | | | | | India's service sector drives growth and attracts FDI with its market potential, skilled labor, and policies. This issue explores performance, key FDI segments, and strategies for foreign firms. | | | | | As Vietnam boosts its global trade role, this Vietnam Briefing edition covers key import-export regulations, customs procedures, on-spot export regimes, and VAT rules, along with insights on documentation, processing times, and VAT refunds. |
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UPCOMING EVENTS FOR ASIA: | | | Webinar | Tuesday, October 15, 2024 | 4:00 PM China / 3:00 PM Vietnam / 10:00 AM CEST / 9:00 AM UK | | | | | Webinar | Thursday, October 17, 2024 | 9:00 AM Los Angeles / 12:00 PM New York / 6:00 PM Brussels | | | | | Hybrid | Friday, October 25, 2024 | 16:00-18:00 China time / 9:00-11:00 CET time |
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