China Outbound: HR and Visa Issues of Moving to Emerging Asia

Posted by Reading Time: 4 minutes

Our Latest Round-Up of Business News Affecting China-Based Businesses Investing in Asia

In this edition of China Outbound, we delve into the ongoing trend of China-based companies moving to lower-wage destinations in Southeast Asia and India. Fueling this are both the rising costs of manufacturing in China, as well as the maturing Chinese middle class. In the coming years, goods produced more cheaply in emerging Asian nations will find their way to China’s consumer markets, fueled by FDI from both China and abroad. The future will increasingly see executives moving across emerging Asia, bringing along a new set of HR and legal challenges.

China & Asian Human Resources – Sharing Talent Across Borders

With China’s population aging, labor pool dynamics across Asia are changing. Chinese executives will increasingly move abroad to lead projects outside of the country, introducing new HR challenges. Singapore at the same time is developing into a regional center for handling payroll.

Registering your Indian Employment Visa

After obtaining an Indian visa, registering the visa at a FRRO is often an afterthought for expatriates. Unfortunately, however, registering a visa is a cumbersome process. In this article, we outline the process involved. 

China Moves to Curb Transfer Pricing – Effective Immediately

China is moving to curb transfer pricing with new corporate income tax deduction rules on cross-border related party transactions. It is predicted that transfer pricing will be another tough area for foreigners operating business in China in 2015 and beyond.

How to Establish a Trading Company in Vietnam

In this article, we take you through the processes involved with setting up your trading company in Vietnam, so that you can engage in import and export activities as well as domestic distribution.

Vietnam Adds New Forms of Public-Private Partnership

Starting April 10, 2015, the forms of build, own, and operate (BOO); build, transfer, and lease (BTL); build, lease, and transfer (BLT); and, operate and manage (O&M) will be added to the list of acceptable types of Public-Private Partnership (PPP) allowed in Vietnam.

Quality and Cost of Living Reports Point Towards Emerging Trends in Asia-Pacific

Mercer’s 2015 Quality of Living Rankings confirms some well-established insights into Asian cities. However, rankings alone can be notoriously superficial. In this article, we explore the trends which stand up to scrutiny.


About
Us

Asia Briefing Ltd. is a subsidiary of Dezan Shira & Associates. Dezan Shira is a specialist foreign direct investment practice, providing corporate establishment, business advisory, tax advisory and compliance, accounting, payroll, due diligence and financial review services to multinationals investing in China, Hong Kong, India, Vietnam, Singapore and the rest of ASEAN. For further information, please email china@dezshira.com or visit www.dezshira.com.

Stay up to date with the latest business and investment trends in Asia by subscribing to our complimentary update service featuring news, commentary and regulatory insight.

 ‍

Related Reading

CB 2015 2 issue cover 90x126

HR Administration: Labor Contracts, Visas and Termination Procedures
In this issue of Asia Briefing, we set out to provide readers with a basic understanding of how to navigate the HR procedures of China, India and Vietnam. We begin by introducing the most common employment contract structures in each of these countries, as well as their laws for employment probation. We then take a look at the three’s increasingly complex procedures for obtaining work/business visas, and conclude with a special feature on how to legally terminate an employee across Asia.

Developing Your Sourcing Strategy for Vietnam
In this issue of Vietnam Briefing we explore how Vietnam’s Free Trade Agreements – and especially those via its membership in ASEAN – will affect foreign investment into Vietnam. We also go a step further and examine the specific, bilateral Double Tax Agreements that Vietnam has enacted, and how these can be further used to minimize profits and withholding taxes that would otherwise be levied upon foreign investors.

IB Nov issue smallEstablishing Your Sourcing Platform in India
In this issue of India Briefing, we highlight the advantages India possesses as a sourcing option and explore the choices available to foreign companies seeking to create a sourcing presence here. In addition, we examine the relevant procurement, procedural and tax duty concerns involved in sourcing from India, and conclude by investigating the importance of supplier due diligence – a process that, if not conducted correctly, can often prove the undoing of a sourcing venture.