Vietnam Statutory Updates 2024
Here are Vietnam’s statutory updates for 2024. Effective August 2024 New Step for Certain Visa Applications All Temporary Resident Card (TRC) and Long-Term Visa (LTV) applications in Ho Chi Minh City, Dong Nai, and Binh Duong provinces to include an additional online submission step, previously required only for Chinese nationals. While this shift aligns with […]
Hong Kong Statutory Updates 2024
Here are Hong Kong’s statutory updates for 2024. Effective July 2024 QR Code Entry for Permanent Residents Effective immediately, permanent residents of Hong Kong SAR and Macau SAR can now use a QR code for entry instead of physical documents. This new feature allows for faster entry and reduces the need for physical documents. It […]
Malaysia Statutory Updates 2024
Here are Malaysia’s statutory updates for 2024. Effective October 2024 Salary Ceiling Increases for SOCSO and EIS Contributions The Employees’ Social Security (Amendment) Act of 2024 and the Employment Insurance System (Amendment) Act of 2024 have been amended in accordance with the 2024 Budget plan to increase the monthly wage cap for PERKESO contributions from […]
Japan Statutory Updates 2024
We’ve outlined Japan statutory updates for 2024 Effective October 2024 More Part-time Employees are Eligible for Pension Insurance Act No. 115 of 1954, the Amended Employees’ Pension Insurance Act, will go into effect on October 1, 2024. The coverage of Employee Pension Insurance for part-time workers will be increased to the point that employers with 51 […]
Year-End Tax Adjustment Japan: Your Essential Guide for 2024
If you’re a business owner with employees in Japan or are planning to expand your business here, it’s important to understand Japan’s year-end tax adjustment (YETA) system, also known as Nenmatsu Chosei. YETA plays a significant role in the country’s tax landscape. As an employer, ensuring compliance with YETA will not only help you fulfil […]
Taiwan’s Offshore Wind Farm: Booming Renewable Energy Industry
The Rise of Taiwan’s Offshore Wind Farm: A Booming Industry Taiwan has been making waves in the renewable energy sector with its booming offshore wind power industry. The government’s push towards a green economy has led to the growth of renewable energy sources, with offshore wind farms leading the charge. In this blog, we will […]
India’s Renewable Energy: Shaping the Future
India’s Renewable Energy: Building a Sustainable Future India is on a mission to transform its energy landscape, and renewable energy is playing a crucial role in this transition. In this blog, we will take a closer look at India’s current renewable energy capacity and the reasons why it is a potential market for renewable energy. […]
Labour Decree 70 replaces Decree 152 on Work Permits
This is an update to our last article on the proposed changes to Decree 152. The Vietnamese government has finalized the changes and formed the new Labour Decree No.70 which will oversee foreign work permit applications and requirements. This new labour decree is based on the proposed changes and feedback and input from the business […]
Essential Tips for Expanding Business to Singapore
Expanding Business to Singapore: Essential Tips for Success Are you considering expanding your business to Singapore? With a thriving economy, favorable tax conditions, and openness to foreign ownership, Singapore has become an attractive destination for global businesses. In this blog post, we will take a closer look at the benefits of expanding your business to […]
Employer of Record Bulgaria: Simplify Expansion with EOR
Simplify Expansion with Employer of Record Bulgaria Are you considering expanding your business to Bulgaria but don’t know where to start? In this blog, we will provide an overview of the country, its business culture, and its employment landscape. We will also delve into the essential features of employment contracts, working hours, vacation policies, bonuses, […]
