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April 25, 2024
Business updates and special topic events, specially curated for global foreign investors in...
 
25 April 2024View in Browser
 
 

Weekly business and foreign investment news roundup in Asia

by Asia Briefing and Dezan Shira & Associates.

 
 

MIDDLE EAST EDITION

 
 
 

TOP STORIES THIS WEEK:

 
 
 
UAE Central Bank Calls on Lenders to Extend Loan Repayment Following Unstable Weather Conditions
 
UAE directs banks and insurers to allow a six-month deferral on their loan repayment for customers affected by unstable weather. The UAE has been experiencing the heaviest rainfall in 75 years.
 
 
 
Dubai Introduces New Judicial Authority to Resolve Conflicts Between DIFC and Local Courts
 
Dubai has introduced a new judicial authority to address jurisdictional conflicts between DIFC Courts and local judicial bodies, with the goal of streamlining legal proceedings.
 
 
 
Over 15,000 Indian Companies Joined Dubai Chamber of Commerce in 2023
 
The bulk of the newly registered companies with the Dubai Chamber of Commerce in 2023 operate in the wholesale and retail trade and motor vehicle repair sector, constituting 44.2 percent of new memberships.
 
 
 
Saudi Arabia Directs Enterprises to Submit VAT Returns for March and Q1 2024
 
Businesses with annual supplies below SAR40 million must file their VAT returns for the first quarter of 2024 by April 30.
 
 
 

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COMPLIMENTARY BUSINESS RESOURCES:

 
 
Navigating China’s New Company Law: A Guide for Foreign Investors
 
 
Navigating China’s New Company Law: A Guide for Foreign Investors
 
From stricter capital injection rules to enhanced corporate governance, the changes introduced in the New Company Law have far-reaching implications for businesses, including foreign invested enterprises (FIEs)...
 
 
 
 
Corporate Tax Planning for Businesses in Vietnam in 2024
 
Vietnam has a highly competitive tax structure, which has attracted foreign investors across a spectrum of industries. In this tax report by Vietnam Briefing, we discuss the country’s Corporate Income Tax system, key...
 
 
 
Inside India's Manufacturing Revolution: Strategies and Insights for Business Success
 
India is emerging as an important manufacturing destination in Asia due to several factors. We discuss market entry strategies for foreign companies and expansion strategies for local players aiming to attract foreign...
 
 
 

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UPCOMING EVENTS FOR ASIA:

 
 
 
Hong Kong vs. Singapore: A Comparison of Current Business Environments, Key Industries, and Regional Hub Potential
 
Webinar | Thursday, April 25, 2024 | 9:00 AM Los Angeles / 12:00 PM New York
 
 
 
Navigating Indian Tax Laws: Implications for Businesses in 2024
 
Webinar |Thursday, April 25, 2024 | 2:30 PM India Time / 4:00 PM Vietnam Time / 5:00 PM China Time
 
 
 
Ushering in the Silver Economy for Retail Business
 
Fair | Monday, 29 April, 2024 | 11:30AM – 12:30PM China Time
 
 
 
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