New Issue of Asia Briefing: An Introduction to Tax Treaties Throughout Asia

Posted by Reading Time: 4 minutes

AB-2013-0708-cover-250Jul. 9 – The new issue of Asia Briefing Magazine, titled An Introduction to Tax Treaties Throughout Asia, is out now and will be temporarily available as a complimentary PDF download on the Asia Briefing Bookstore throughout the months of July and August.

In this issue, we take an Asian regional view of the subject, and look at the various types of trade and tax treaties that exist between Asian nations, including China. These include bilateral investment treaties (BITs) – still the major focal point of bilateral trade between many smaller emerging nations – and also the meatier double tax treaties (DTAs) and free trade agreements (FTAs) that directly affect businesses operating in Asia. China’s own FTA with ASEAN abolishes import duties on thousands of products, while manufacturing elsewhere in ASEAN to service the China market is beginning to make a lot of sense if your product falls under the treaty remit. The DTAs that go along with this can, under the correct structure, permit employees to be based in foreign countries without tax penalty, and may even allow service offices to be established abroad without being subject to local profits taxes. Together, such trade agreements are a powerful combination.

Simply put, tax treaties are changing the nature of global logistics and the global supply chain, and are having a profound impact on Asia’s business landscape. We hope this introduction is useful and helps our readers understand and begin to make business cases for examining pertinent treaties to take advantage of what amounts to the ongoing dismantling of regional and global trade barriers.

In this issue:

  • Double Taxation Agreements and Your Asia Investment Strategy
  • Bilateral Investment Treaties
  • Key Tax Rates Around Asia – Corporate Income Tax, Individual Income Tax, Withholding Tax, Value-added Tax and Applicable Treaties in China, Cambodia, Hong Kong, India, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam
  • Road Map of Bilateral Asian DTAs with all other Nations Globally, including the U.S. and EU
  • Anti-Avoidance Rules Across Asia

An Introduction to Tax Treaties Throughout Asia is out now and immediately available as a complimentary PDF download on the Asia Briefing Bookstore for a limited time only.

Dezan Shira & Associates 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 emerging Asia. Since its establishment in 1992, the firm has grown into one of Asia’s most versatile full-service consultancies with operational offices across China, Hong Kong, India, Singapore and Vietnam as well as liaison offices in Italy and the United States.

For further details or to contact the firm, please email asia@dezshira.com, visit www.dezshira.com, or download the company brochure.

You can stay up to date with the latest business and investment trends across Asia by subscribing to Asia Briefing’s complimentary update service featuring news, commentary, guides, and multimedia resources.

Related Reading

Are You Ready for ASEAN 2015?
ASEAN integration in 2015, and the Free Trade Agreements China has signed with ASEAN and its members states, will change the nature of China and Asia focused manufacturing and exports. In this important issue of Asia Briefing we discuss these developments and how they will impact upon China and the Global Supply Chain.

China-Tax-Guide-2013-thmbThe China Tax Guide: Tax, Accounting and Audit (Sixth Edition)
This edition of the China Tax Guide, updated for 2013, offers a comprehensive overview of the major taxes foreign investors are likely to encounter when establishing or operating a business in China, as well as other tax-relevant obligations. This concise, detailed, yet pragmatic guide is ideal for CFOs, compliance officers and heads of accounting who need to be able to navigate the complex tax and accounting landscape in China in order to effectively manage and strategically plan their China operations.

Sourcing from China
This issue of China Briefing Magazine outlines the various sourcing models available for foreign investors and discusses how to decide which structure best suits the sourcing needs of your business. Perhaps the most important factors to consider when choosing a sourcing structure are your staffing requirements, your need for operational flexibility, and which option offers the greatest cost efficiencies.

Trading with China
This issue of China Briefing Magazine focuses on the minutiae of trading with China – regardless of whether your business has a presence in the country or not. Of special interest to the global small and medium-sized enterprises, this issue explains in detail the myriad regulations concerning trading with the most populous nation on Earth – plus the inevitable tax, customs and administrative matters that go with this.

ASEAN-logoASEAN Briefing
Our new ASEAN Briefing site contains details of double tax agreements, free trade agreements, and bilateral investment treaties between ASEAN, its members, and other countries around the world. ASEAN Briefing is a library source for researching tax and trade treaties, and is an essential guide for cross border tax planning. The site also includes news and treaty updates on ASEAN, China, India, the United States and Europe.