All You Need To Know About Juminzei (Resident Tax) in Japan
In Japan, residents need to pay both shotoku-zei and juminzei. The former refers to the national income tax while the latter refers to the resident tax one must pay based on their location. Juminzei consists of two elements: one paid to the city you reside in (for example, Fuchu-city or Musashino-city) and another to the […]
The Future of Eco-Friendly Travel
As conscious stewards of the planet, we stand at the precipice of a new era in tourism—one that harmonises our innate wanderlust with the urgent need to preserve the world’s beauty and diversity. Eco-friendly travel, a beacon of responsible tourism, signals a future where our adventures tread lightly on the earth while still widening our […]
Singapore Statutory Updates 2024
Here are Singapore’s statutory updates for 2024 Effective July 2024 Local qualifying salary increase announced The Ministry of Manpower (MOM) has announced that the local qualifying salary will increase to S$1,600 (approximately US$1,190) starting July 1. Source: MOM Updates to salary benchmarks postponed TBA A candidate’s fixed monthly salary is compared to salary benchmarks by […]
Philippines Statutory Updates in 2024
Effective June 2024 Filing Fees, Downgrading and Exit Clearance Certificate Updates Philippine officials have introduced significant changes: Suspension of Filing Fees: The Bureau of Immigration has suspended filing fees for motions for reconsideration for visa issuance/conversion and renewal applications that were previously denied. Applicants must now re-file their application and pay the applicable visa application […]
Manufacturing in Vietnam: An Unexplored Goldmine for Global Investors
With the rise of global sourcing and the quest for cost-effective production, manufacturing in Vietnam has become an epicenter for growth and opportunity. The country’s ascension as a manufacturing hub is impressive, embodying the convergence of favorable economic policies, a burgeoning workforce, and strategic geopolitical positioning. This harmonious blend presents a practical alternative for investors […]
Exploring The Thriving Vietnam Tech Industry
The Vietnam tech scene has a promising future ahead of it From the bustling capital of Hanoi to the dynamic metropolis of Ho Chi Minh City, Vietnam is positioning itself as Southeast Asia’s frontier for technology and innovation. This surge has captivated startup enthusiasts, investors, and the global tech community alike, as they witness the […]
Use Case: How an Employer of Record Company Can Help Consulting Firms in China and Hong Kong
Consulting firms in China and Hong Kong often face complexities related to employment laws, tax regulations, and local administration when hiring employees. To streamline their operations and focus on their core business goals, consulting firms can benefit from partnering with an Employer of Record (EOR) company. For this use case scenario, let’s explore how an […]
Why Use A PEO Service to Manage Your Business Expansion Globally
Professional Employer Organization (PEO) services have emerged as a significant force in today’s global business environment, providing comprehensive HR solutions for businesses. PEOs enable smaller firms to cost-effectively outsource the management of human resources, employee benefits, payroll, and workers’ compensation, freeing company leaders to focus on their core business operations. They play a particularly vital […]
The Rise of Renewable Energy in Vietnam: Opportunities and Challenges
Let’s look at renewable energy in Vietnam and how the country became the front-runner in Southeast Asia’s green revolution Vietnam’s rapid economic growth has been coupled with a rising demand for energy, prompting a critical shift towards sustainable resources. With the world’s collective eye on green solutions to reduce our carbon footprint and mitigate the […]
What Is An EOR Provider? A Guide To Employer of Record
When it comes to expanding your business internationally, there are several challenges to consider, two of which are managing the legal and administrative complexities of hiring and employing local talent and expatriating employees. This is where an Employer of Record (EOR) company steps in. An EOR provider can be a game-changer when it comes to […]