Our recent webinar Gateway to Asia: Getting Started in Hong Kong and Singapore encouraged a lot of discussion. There were several interesting questions from attendees for HSP's Asia experts; here are some of the highlights, and answers.
Determining your international tax burden can be overwhelming and time consuming. Corporate taxes may apply in each individual country your company operates in, meaning a different set of obligations for each entity. Even though rules and rates may differ country to country, there are a handful of taxes that you can expect wherever you expand. Consider these three taxes when you business expands internationally.
Our recent webinar International Taxation: What to Expect encouraged a lot of discussion. There were several interesting questions from attendees for HSP's tax experts; here are some of the highlights, and answers.
The fortune of the world is increasingly governed by development in China. In 2010 China overtook the U.S. in areas such as manufacturing output, energy consumption, car sales, and patent granted to residents. For most Americans, it’s very difficult to comprehend, let alone accept, how close China is to actually overtake the U.S. as the world’s leading economy. GDP in China is estimated to overtake the U.S. by 2018.
Given the increased importance of the Chinese economy, staying on top of these trends is now of paramount importance. Let’s look closely at three key trends.
Far from a sleepy start to summer, June has been quite busy on the international regulatory front. Change is in the air for many dispatch workers and employers in China and Japan; India has announced expansion of its year-old financial reporting requirements program; and Australia has detailed several notable 2012 Budget provisions.
As a break from some of the louder headlines in Europe these days, you’ll also be interested to learn about the UK’s
Why does setting up operations in China give finance and human resource professionals pause? China has very complex business and tax regulations that can be utterly mind boggling for foreign businesses. Complicating the issue is the fact that regulations are subject to frequent change, as well as different interpretations by both state and local authorities. It can be a challenge just to keep track of what’s permitted, where, at a given point in time.
Here are some China business practices to consider when getting your operation off the ground.