China issues guideline on improving business environment for foreign investors

The State Council has issued a guideline on better using foreign investment with a focus on safeguarding the national treatment of foreign-funded enterprises, according to the government’s website Thursday. The guideline puts forward 20 policies in four aspects to create a more “fair, transparent and predictable” business environment for foreign investors. To deepen opening-up, China…

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India’s Tax Cut – Corporate Rates Slashed to Encourage Investment, Revitalize Economy

India’s private sector is set to benefit from the single largest reduction in corporate income tax in almost three decades. Announced by Finance Minister Nirmala Sitharaman on September 20, India’s effective corporate tax rate will reduce by almost 10 percentage points for domestic companies. More specifically, for the 2019-20 Financial Year: For existing domestic companies,…

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Fresh policies to promote a more open Shanghai

The Shanghai municipal government issued a document on Aug. 13 to promote the development of the regional headquarters (RHQs) of multinational corporations. It contains six sections, 30 measures in total, and is intended to further relax the restrictions on such investment so as to encourage regional headquarters of multinational corporations to cluster in the city….

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How to set up a branch office in India

A branch office is a suitable business model for foreign companies looking to establish a temporary presence in India. The branch office serves as an extension of the head office business and carries on the same business and activity as that of its parent company. Most businesses use this mode to learn more about the…

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