In Asia Briefing Magazine’s first issue of 2014, we provide a country-by-country introduction to how payroll and social insurance systems work in China, Hong Kong, Vietnam, India and Singapore. We also compare three distinct models companies use to manage their payroll across various countries with external vendors, and explain the differences among three main models: country-by-country, managed, and integrated models while highlighting some benefits and drawbacks of each.
In a recent survey conducted by the Global Initiative for Restructuring Environment and Management (GIREM) and real estate consultancy firm DTZ, Bangalore has been ranked as India’s top business destination in terms of infrastructure, human capital, city culture and basic quality of living.
Oct. 23 – Dezan Shira & Associates’ professional personnel speak at numerous events, host regular podcasts, and are often interviewed by global media concerning developments in India. All of this is then captured and placed on the multimedia section of our website. Please see below an example of the downloadable multimedia available to our readers.[…..]
Oct. 8 – India’s Planning Commission has approved several measures this week to expand the country’s Visa-on-Arrival (VoA) program, which allows foreign tourists to apply for single-entry 30-day visas upon arrival in India. Currently there are less than a dozen countries who have been approved for the VoA program – the current proposal would greatly[…..]
When applying for a long-term visa in India, there are a number of procedures and legal frameworks that must be understood. In this article, we discuss the documents necessary for a foreigner to work in India.
In this edition of Asia Briefing Magazine, we outline the specific documents required for foreign nationals working in China, India, Indonesia, Malaysia, Philippines, Singapore, Thailand and Vietnam, as well as highlight the relevant application processes in each of these countries. Attention is also given to the role of the sponsoring company and the regulations they must adhere to.
Sept. 12 – The Indian government has released new draft rules for the 2013 Companies Act, which will replace the original Companies Act of 1956. The new draft rules cover the first half of the Companies Act and will be open for public comment until October. The second half of the Companies Act draft rules[…..]
Sept. 5 – After nearly ten years of debates and negotiations, the Lok Sabha – India’s lower house of Parliament – finally cleared the long-awaited Pension Fund Regulatory and Development Authority (PFRDA) Bill today in a step towards creating a stronger pension industry and to attract additional foreign and private sector investments. The bill must[…..]