| Weekly business and foreign investment news roundup in Asia by Asia Briefing and Dezan Shira & Associates. |
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| | The UAE Federal Tax Authority (FTA) has published a guide on filing the corporate tax (CT) return, outlining procedural and reporting requirements. It includes step-by-step guidance on completing the CT return form and details the necessary disclosures across various schedules. | | | The Comprehensive Economic Partnership Agreement (CEPA) between Australia and the United Arab Emirates (UAE) marks a new chapter in their dynamic bilateral relationship, which has long been fueled by mutual trade, investment, and shared economic goals. | | | Turkey recently revised VAT rates, reducing the tax on approved medical products and special-purpose foods to 10 percent, while telecom equipment faces a standard 20 percent VAT. These changes, effective from November 14, 2024, are expected to impact pricing and accessibility in the healthcare and telecom sectors, respectively. | | | For entities investing in Kuwait, the GCC country presents a stable, strategically connected market with an array of opportunities in the non-oil, technology, healthcare, and private sectors, facilitated by the Vision 2035 approach. | | | The status of the proposed Free Trade Agreement (FTA) between Oman and India has reached a deadlock as Oman has requested revisions to India’s market access offer on certain products. The stalemate arises despite the completion of negotiations in March, with Indian officials expressing reluctance to revisit inter-ministerial consultations that were previously finalized. |
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COMPLIMENTARY BUSINESS RESOURCES: | | | | This India Briefing Magazine edition explores India’s evolving trade landscape, covering regulatory reforms, manufacturing clusters, and trade partnerships. It provides insights into structuring trading entities, leveraging industrial hubs for export production, and diversifying markets to boost competitiveness and mitigate geopolitical risks. | | | 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 | Wednesday, November 27, 2024 | 2:00 PM CET / 5:00 PM GST | | | Webinar | Thursday, December 5, 2024 | 9:00 AM Los Angeles / 12:00 PM New York | | | Webinar | Monday, November 25, 2024 | 2:30 PM India / 4:00 PM Vietnam / 5:00 PM China |
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