China Statutory Updates 2024
Here are the China statutory updates for 2024. Effective September 2024 Fingerprinting Temporary Exempted Fingerprinting will not be required for foreign nationals seeking single-entry or double-entry short-term visas (i.e., those planning to stay for less than 180 days) at Chinese consular posts until December 31, 2025. Source: Fragomen New Online Application Required Chinese consulate postings in […]
Taiwan Statutory Updates 2024
Here are the Taiwan statutory updates for 2024 Effective August 26, 2024 Taiwan Eases Employment Rules for Overseas Chinese and Foreign Graduates in Hospitality To address labor shortages in Taiwan’s hospitality sector, the Ministry of Labor has amended the “Regulations on the Permission and Administration of the Employment of Foreign Workers.” This amendment, effective 26 […]
South Korea Statutory Updates 2024
Here are the South Korea statutory updates for 2024. Effective July 2024 National Pension Limits Adjustment The National Pension Contribution monthly limitations are modified every July based on the average national pension income over the previous three years. The following are the updated lower and upper bounds that will take effect in July 2024: From […]
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, […]
Employer of Record Services for Renewable Energy Companies in Japan
Introduction Japan, recognised as a formidable force in the field of technology, has steadily shifted gears to embrace renewable energy. In fact, in 2023, it was sixth on Statista’s list of the top countries in terms of installed renewable energy capacity. With this transition come unique challenges for burgeoning and established renewable energy businesses alike. […]
Japan’s Agriculture: A Sustainable Approach
We take a deep dive into Japan’s agriculture Japan’s rich green landscapes and ancient agricultural traditions have cultivated a deep-rooted connection to the land. As the global demand for sustainable farming practices grows, Japan’s agricultural sector becomes an increasingly intriguing model for balancing tradition with innovation. This blog post will dive into Japan’s agriculture, examining […]
South Korea Year-End Income Tax Settlement: A Guide
Here’s a handy guide to navigating the South Korea Year-End Income Tax Settlement (YETS) As the fiscal year draws to a close, taxpayers need to reconcile their tax liabilities with taxes withheld throughout the year. In South Korea, all workers who earned income in the country in the past year are required to file […]
Indonesia Statutory Updates for 2024
These are a few statutory updates that are effective in 2024 for Indonesia. Effective July 2024 New Law on Maternal and Child Welfare Law 4/2024 sets out several rights for working mothers, working fathers, and other general issues, including: the right to maternity leave: 3 months of maternity leave after giving birth, with up to […]
