China Outbound: Forecasts for 2015, FATCA & FCPA and Regional Incentives

December 26, 2014 Posted by China Briefing 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 look into our crystal ball for foreign investment trends in 2015, featuring several pieces of analysis from Chris Devonshire-Ellis on the China business environment, the development of trade between China and ASEAN, and Russia, respectively. Elsewhere, we draw attention to two pieces of U.S. legislation and discuss their powerful influence on foreign investment into Asia: FATCA and FCPA. Lastly, we spotlight industry-specific tax incentives in India, the advantages of investing in Vietnam for U.S. companies and some key industries for investment into ASEAN.

Devonshire-Ellis: China Business Will Be Harder Next Year

Attending the Dezan Shira & Associates Group annual meetings, Chris Devonshire-Ellis, warned that whilst 2014 has been a satisfactory year for foreign investors in China, 2015 poses a number of difficulties. “China is facing economic pressures and, when this occurs, the government tends to point the finger at foreign influences,” he said.

Devonshire-Ellis: China-ASEAN Trade Routes Key for 2015 Development

The China-ASEAN trade corridor is one of the few remaining and dependable growth dynamics concerning investment and opportunities for business development impacting directly upon China growth.

China-Russia Trade to Boom in 2015

While the Western news outlets have been full of stories the past few weeks of the coming collapse of the Russian economy, the China-Russia trade space will be one to watch during 2015, according to Chris Devonshire-Ellis.

Hong Kong Banks Shut Down U.S. Accounts Rather Than Deal with FATCA

Since the Foreign Account Tax Compliance Act (FACTA) came into effect in early July, many Hong Kong based banks have been refusing to open new accounts for, and even shutting down the existing accounts of, American individuals and corporations.

How the Foreign Corrupt Practices Act is Affecting Asia – Parts 1 and 2

As foreign investment into the Asia-Pacific has increased over the last decade, so too has the enforcement efforts of the FCPA. As we approach the new year, we take a look in this two-part article at how the FCPA might affect key nations in the Asia-Pacific, focusing this week on China and India.

Understanding India’s Industry-Specific Tax Incentives

Tax deductions exist in numerous Indian sectors where the government deems foreign investment to be in the interest of the country. In this article, we highlight which industries offer tax incentives and outline how foreign businesses can qualify for tax deductions.

Why Vietnam? A Guide for U.S. Investors

As recently reported by Vietnam Briefing, Vietnam is on track to become the largest supplier in ASEAN to the United States. With its growing role in supplying goods to the U.S., it’s time to take a look at why American companies should be interested in investing in Vietnam, if they’re not already there.

Key Industries for Investment in ASEAN

As ASEAN continues its transition to greater economic integration with the implementation of the ASEAN Economic Community in 2015, the region is seeing strong growth in a number of industries. Among the key business areas are electronics, information and communications technology, textiles and apparel, and medical devices.

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.

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