Indonesia Statutory Updates for 2025
Here are Indonesia’s statutory updates for 2025 Effective January 2025 Indonesia Increases Pension Eligibility Age Indonesia has raised the minimum retirement age for BPJS Pension Guarantee Program to 59 years, as part of a gradual increase to 65 years. Workers can still claim pension benefits upon retirement or after leaving employment but must start receiving […]
Japan Statutory Updates 2025
We’ve outlined Japan statutory updates for 2025 Effective April 2025 Japan Adjusts Social Contribution Rates The Japanese government has announced updates to social contribution rates, affecting both employers and employees. These changes aim to enhance the social welfare system while maintaining economic stability. Here are some key details: 1. Health Insurance (Employer and Employee) from […]
Taiwan Statutory Updates 2025
Here are the Taiwan statutory updates for 2025 Effective January 2025 Minimum Wage Increase and Withholding Tax Changes Taiwan’s minimum monthly wage will increase by 4.08% to NT$28,590 (US$889.68), up from NT$27,470. Additionally, the minimum hourly wage will increase from NT$183 to NT$190. The Ministry of Finance has also announced amendments to the Income Tax […]
Singapore Statutory Updates 2025
Here are Singapore’s statutory updates for 2025 Effective July 2025 Singapore Implements Significant Updates to Foreign Worker Regulations The Ministry of Manpower (MOM) has announced substantial changes to Work Permit and S Pass regulations, aiming to enhance workforce quality and align with Singapore’s economic priorities. Key Details: Work Permit Holders: Removal of Maximum Employment Period: […]
Saudi Arabia Statutory Updates 2025
Here are Saudi Arabia’s statutory updates for 2025 Effective Early 2025 Amendments to Temporary Work and Seasonal Visa Regulations in Saudi Arabia Starting in early 2025, Saudi Arabia will implement changes to the Temporary Work Visa and Seasonal Visa regulations, impacting duration of stay and entry conditions. Key Details: Temporary Work Visa: Duration will be […]
Lebanon Statutory Updates 2025
Here are Lebanon’s statutory updates for 2025. Effective January 2025 New Income Tax Brackets for Salaries and Wages in Lebanon The Ministry of Finance in Lebanon issued Decision No. 959 on 5 September 2024, setting updated income tax brackets for salaries and wages denominated in foreign currencies. These brackets will apply for the tax year […]
Italy Statutory Updates 2025
Here are Italy’s statutory updates for 2025. Effective January 2025 New Work Permit Confirmation Step for Employers in Italy The Italian government has introduced an additional confirmation step for employers seeking to hire EU Blue Card holders or quota-subject work permit applicants, effective 11 January 2025. Key Details: Once a work permit is approved, the […]
Hong Kong Statutory Updates 2025
Here are Hong Kong’s statutory updates for 2025. Effective May 2026 Annual Review of Statutory Minimum Wage The statutory minimum wage, last increased to HK$40 per hour in May 2023, will undergo an annual review starting from 1 May 2026. This change aims to ensure regular adjustments to the wage floor in line with economic […]
Firing in South Korea: Legal and Cultural Considerations
Introduction South Korea’s employment law is among the most comprehensive and employee-protective in the world. This legal framework is grounded in the principles of fairness, equality, and the protection of workers’ rights, reflecting the country’s commitment to maintaining a harmonious balance between the interests of employers and employees. Understanding this legal landscape is crucial for […]
Hiring in South Korea: Navigating the Talent Market
South Korea’s dynamic economy is a significant attraction for businesses aiming to expand their operations in Asia. As the 13th largest economy globally, South Korea has rapidly evolved from a war-torn nation in the mid-20th century to a global industrial powerhouse. The country’s economic success is underpinned by its highly skilled workforce, renowned for its […]
