2023-11-30

China’s Visa-Free Policies: Latest Updates

Dezan Shira & Associates

After almost three years, China has finally reopened its borders to international travelers.

This means China has begun permitting people with valid travel documents that allow visa-free entry back into the country and has once again started issuing its short-stay entry permits that are available on arrival for citizens of certain countries.  

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2023-11-29

Udemy Business 2024 Global Learning & Skills Trends Report

Udemy Business

A single factor could ultimately determine whether a company can execute its business strategy and deliver on its goals: skills. Do your employees have the skills they need to drive personal and business growth? More and more companies are starting to understand the value of the skills-based economy, and, as a result, they are evolving to become skills-based organizations. The question is: Are you ready?

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2023-11-14

Dubai Announces US$67.1 Billion Budget for 2024-2026

Dezan Shira & Associates

Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has approved the Government of Dubai’s general budget for the fiscal cycle of 2024-2026, with total expenditures of AED246.6 billion (US$67.1 billion).

The spending plan reflects the emirate’s economic recovery and boosts its ambitions to stimulate the macro-economy and support the objectives of the Dubai Strategic Plan 2030 development project as well as the Dubai Economic Agenda “D33”.

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2023-11-10

Service Contracts in Vietnam: What You Need to Know

Dezan Shira & Associates

Foreign firms in Vietnam occasionally face a skills gap when undertaking certain functions or projects. Traditionally, they would hire an employee under a labor contract to address this gap. However, for temporary tasks or projects, firms may opt for a service contract as a more suitable alternative.

But what exactly are service contracts, and how do they differ from labor contracts?

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2023-11-08

Saudi Arabia Starts 12 Month, Multi Entry E-Visa Service

Dezan Shira & Associates

Muhammad Aba Hussein, the Undersecretary of the Saudi Ministry of Investment for Integrated Investor Services, has announced that potential foreign investors and employees of foreign companies can apply for an electronic visit visa to Saudi Arabia through the platform affiliated with the Ministry of Investment, named “Invest in Saudi Arabia”.

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2023-11-03

Employee Handbook in China: Key Points for HR Compliance

Dezan Shira & Associates

The employee handbook plays an important role in human resources management in China, which not only sets forth daily management rules but also provides guidelines on employees’ behaviors in the workplace. However, not all employee handbooks are effective. It is imperative to ensure your employee handbook is made following the right procedures and is up to date.

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2023-10-18

Talent Availability in India’s Tier-2 Cities

Dezan Shira & Associates

Talent availability across Tier-2 cities in India are allowing multinational companies, including both services and manufacturing firms, to set up in more cost-effective destinations. We look at the latest industry data from 2022 spotlighting prominent Tier-2 cities and their hiring potential for BFSI, manufacturing, and IT service sectors.

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2023-09-25

Czechia: Under what circumstances may a fixed salary arrangement take into account potential overtime work?

bnt attorneys in CEE 

In its judgment 21 Cdo 1033/2019-209 of 26 February 2021, the Czech Supreme Court had to deal with a case that concerned the conditions under which an employer and an employee may agree on a salary which reflects (i.e., includes) any overtime work of the latter.

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2023-09-07

AHK INDIA NEWSLETTER SEPTEMBER 2023

Indo-German Chamber of Commerce

This Newsletter features the latest news from both India and Germany, with an emphasis on fostering closer ties between the two countries. It aims to highlight the many different aspects of Indo-German business and culture, and the powerful potential for collaboration that exists between the two.

  • Topics covered include:
  • Jobs and careers
  • Business enquiries
  • Events

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2023-09-07

Indonesia Introduces Golden Visa to Attract Foreign Investors

Dezan Shira & Associates

Indonesia is introducing a golden visa scheme to attract foreign corporate and individual investors. The scheme offers between five-to-10-year resident permits, depending on their investment value.

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2023-09-06

How To Find the Right Recruiting Firm For Your Business

Nordic Minds

In today’s competitive business landscape, finding and attracting top talent can be a challenging task. The right people can be a company’s most valuable asset. But locating them can feel like searching for a needle in a haystack.

In this article you will learn:

  • The different specialties and methods of recruitment firms
  • What you need to assess to find a suitable agency for you
  • What to keep in mind when considering fees

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2023-09-05

Beyond a Mega City: Investing in China’s Mega City Clusters

Dezan Shira & Associates

Doing business in China has undergone significant changes in the past few years. 

In this definitive guide, offers a comprehensive introduction to China’s four most significant and investor-friendly metropolises, including the Yangtze River Delta (Shanghai, Suzhou, Hangzhou, etc.), the Pearl River Delta (or the Guangdong-Hong Kong-Macao Greater Bay Area), the Beijing-Tianjin-Hebei (or Jing-Jin-Ji), and the Chengdu-Chongqing Economic Circle.

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2023-09-04

Are Employee Bonuses and Commissions Liable For Individual Income Tax In The UAE?

Dezan Shira & Associates

In the UAE, employers often pay additional bonus and/or commission to incentivise employees. A notion is being created that a company should not pay commission or bonus to its employees as these could be treated as employees’ individual business income.

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2023-09-02

Doing Business in Singapore 2023

Dezan Shira & Associates

This publication, designed to introduce the fundamentals of investing in Singapore, was compiled by Dezan Shira & Associates, a specialist foreign direct investment practice providing corporate establishment, audit, business advisory, tax advisory and compliance, accounting, payroll, due diligence, and financial review services to multinationals and small- and medium-sized enterprises investing in emerging Asia.

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2023-09-01

China’s IIT Preferential Policy for Expatriates Extended to End of 2027: Key Points

Dezan Shira & Associates

Foreigners working in China can continue to enjoy tax exemption on eight categories of fringe benefits, including housing rental, children’s education costs, language training costs, etc., for another four years, till December 31, 2027.

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2023-08-20

GCC: Prioritize cultural fit

Logo CT Executive Search

Aouni Kawas, Director, CT Executive Search regional hub office in Beirut, Lebanon, Managing Partner at Kawas Consulting

What is the current demand for executive search in the GCC countries?

The demand for executive search in the GCC countries is currently high. With the region's rapid economic growth and development, companies are expanding and looking for top-level talent to drive their businesses forward. The GCC countries, particularly, Saudi Arabia and the United Arab Emirates, have witnessed an increase in the number multinational companies, which in turn has increased the need for executive search services. 

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2023-08-19

GCC: The intersection of interests is significant

Oliver Oehms CEO of the AHK Gulf Region, Dubai

What current trends and developments do you see in the UAE and other countries in the Gulf region?

We see the most exciting developments in our host country, the United Arab Emirates, not only because our headquarters are located there. The Emirates are implementing a national economic vision with great commitment, seriousness, and financial commitment. The pace of reform is breathtaking. There are facilitations in residency rights, a strong liberalization of the investment law, and the opportunity to acquire real estate.

The Emirates position themselves as an attractive location that attracts not only companies and entrepreneurs but also talent from around the world.

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2023-08-18

Overview: Employment Law in the UAE

Dr. Alexander Brexendorff, Managing Partner MENA LEGAL, Dubai

The United Arab Emirates (UAE) is a nation characterized by its rapid economic growth and a diverse workforce, attracting both local and foreign talent seeking employment opportunities. To maintain a balanced and just working environment, the UAE has established a robust legal framework for employment, safeguarding the rights of employers and employees alike. 

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2023-08-07

AHK India Newsletter August 2023

Indo-German Chamber of Commerce

This Newsletter features the latest news from both India and Germany, with an emphasis on fostering closer ties between the two countries. It aims to highlight the many different aspects of Indo-German business and culture, and the powerful potential for collaboration that exists between the two.

Topics covered include:

  • Jobs and careers
  • Business enquiries
  • Events

More...

2023-08-02

India Skill Report 2023: Findings on Talent Availability and Employability in Emerging Technologies

Dezan Shira & Associates

India’s economic ascent hinges on talent availability. Recent reports, like the Wheebox India Skill Report 2023 and Mercer’s “India’s Graduate Skill Index: 2023”, highlight positive employability figures, especially among youth and women, and growth prospects in technology-driven sectors. We discuss key findings from the two reports and the top growth sectors to 2030, before rounding up with some of the policy reforms undertaken by India.

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2023-07-31

Lithuania: Can a collective agreement be a good thing…for employers?

 

bnt attorneys in CEE 

Problems of collective bargaining in Lithuania. Are they being addressed and resolved?

Trade unions in Lithuania, in particular, have been vocal about the benefits, the neeed for and importance of collective agreements for companies and institutions. However, employers and employees have different views about their benefits.

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2023-07-31

Starting A Business In The UAE? Points To Consider

Dezan Shira & Associates

It is vital that new UAE startups comprehensively understand the new corporate tax laws, in order to properly plan for the most effective way of structuring your company and its tax efficient, operational strategies. For startups, which often operate on tight budgets and thin margins, efficient tax planning can make a significant difference in terms of profitability and growth. We provide six examples that UAE startups and new-age technology-led businesses should be focusing their attention on.

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2023-07-28

AHK India Newsletter July 2023

Indo-German Chamber of Commerce

This Newsletter features the latest news from both India and Germany, with an emphasis on fostering closer ties between the two countries. It aims to highlight the many different aspects of Indo-German business and culture, and the powerful potential for collaboration that exists between the two.

Topics covered include:

  • Jobs and careers
  • Business enquiries
  • Events

More...

2023-07-17

Get More From Your Next Executive Search With These Strategies

Nordic Minds

One of the key responsibilities for any organization is to nurture a high performing and retaining culture. But finding the right leader and management for your organization can be a daunting task. The stakes are high and mistakes are not allowed. A wrong decision in your executive search can cost you money, time, and even the success of your company.

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2023-07-16

Emerging Talent Trends Shaping India’s Dynamic Job Market in 2023

Dezan Shira & Associates

The talent market in India is experiencing significant changes, driven by global economic shifts, technological advancements, and evolving workforce expectations. Some noteworthy talent trends observed in India, as per EY’s Future of Pay Report 2023, include an expanding talent pool, shortage of skilled talent, intensified competition for top talent, upskilling and reskilling, key sectors for job growth, and retention and attrition rates.

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