China’s Tech Industry: A Deep Dive into the Thriving Tech Powerhouse
China’s tech industry has undergone a remarkable transformation over the past few decades, evolving from an imitator to an innovator and emerging as a global powerhouse in its own right. With a combination of government support, entrepreneurial spirit, and technological prowess, China has become a hotbed for cutting-edge innovation, digital disruption, and tech-driven growth. Let’s […]
A Comprehensive Guide to Hiring in Japan: Navigating Cultural and Legal Considerations
Here’s what to know about hiring in Japan Expanding your business operations to Japan presents exciting opportunities for growth and success. However, navigating the intricacies of hiring in a foreign country, especially one with unique cultural norms and legal regulations like Japan, requires careful planning and understanding. This guide provides comprehensive insights and actionable steps […]
The Different Work Leaves in Japan
We’ve listed down the different work leaves in Japan to allow business owners and foreign workers alike to navigate Japan’s leave system. To balance the need for rest and the demands of the corporate world, Japan’s multi-faceted work leave system comes into play. In a culture renowned for its strong work ethic, understanding the nuances […]
The Japan Digital Nomad Visa: A Gateway for Remote Workers
In an era where borders blend into mere formalities for the digital workforce, Japan has made a significant stride to allure nomadic professionals with the Japan Digital Nomad Visa. Announced by the country’s Immigration Services Agency (ISA) in February, the new visa will be available later this year. An Overview of the Japan Digital Nomad […]
China Statutory Updates 2024
Here are the China statutory updates for 2024. Effective March 2024 Start of Annual IIT Filing Chinese tax residents, referring to residents of China or individuals who have stayed in China for over 183 aggregate days in a tax year, must file their annual Individual Income Tax (IIT) for 2023 starting March 1, 2024 to […]
Taiwan Statutory Updates 2024
Here are the Taiwan statutory updates for 2024 Effective March 1, 2024 Immigration Law Updates Taiwan’s recent amendments to its immigration laws will take effect on March 1. These changes include: Visitor visa extensions Visitor visa holders who were allowed to stay for 60 days or longer and did not receive a “no extension will […]
South Korea Statutory Updates 2024
Here are the South Korea statutory updates for 2024. Effective March 2024 Simplified Income Tax Schedule revision South Korea’s Simplified Income Tax Schedule has undergone revisions for the 2024 tax year, according to Article 194 of the Income Tax Act’s Enforcement Decree, announced by the National Tax Service. For families qualifying under this amendment, with […]
Egypt Statutory Updates 2024
Here are the Egypt statutory updates for 2024 Effective March 2024 Minimum Wage Increase Last February, President Abdel Fattah al-Sisi announced that Egypt’s minimum wage would increase from EGP3,000 TO 6,000. State workers will also receive a salary increase ranging from EGP1000 to 1,200. This is part of a social protection package, with the country’s […]
A Deep Dive Into The Japan Manufacturing Industry
Let’s take a deep dive into the Japan manufacturing industry From the sleek assembly lines of automotive giants to the precise craft of electronics manufacturing, Japan’s industrial landscape is a testament to the country’s unwavering commitment to quality, efficiency, and innovation. As the fourth largest economy in the world, Japan’s manufacturing sector remains a powerhouse, […]
What you need to know about Malaysia’s service tax increase on digital services
Malaysia’s service tax increased from six percent to eight percent on digital services. This was ratified on February 24, 2024 by the second Minister of Finance Amir Hamzah bin Azizan and will be effective on March 1 of this year. What is a digital service? According to the official government website on the service tax, […]