Dezan Shira & Associates

𝗥𝗶𝗰𝗰𝗮𝗿𝗱𝗼 𝗕𝗲𝗻𝘂𝘀𝘀𝗶 𝗗𝗶𝘀𝗰𝘂𝘀𝘀𝗲𝗱 𝗖𝗵𝗶𝗻𝗮’𝘀 𝗧𝘄𝗼 𝗦𝗲𝘀𝘀𝗶𝗼𝗻𝘀 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗕𝗲𝗹𝗴𝗶𝗮𝗻-𝗖𝗵𝗶𝗻𝗲𝘀𝗲 𝗖𝗵𝗮𝗺𝗯𝗲𝗿 𝗼𝗳 𝗖𝗼𝗺𝗺𝗲𝗿𝗰𝗲 On May 7, 2024, Riccardo Benussi, Partner at Dezan Shira & Associates, presented on China’s Two Sessions and its implications for European businesses. He was accompanied by BERNARD DEWIT, Chairman of the Belgian-Chinese Chamber of Commerce - BCECC. Riccardo outlined the Two Sessions, highlighting China’s economic goals and key areas for development, such as solar technologies, lithium batteries, and electric vehicles, as well as high-tech production methods. He concluded with the implications for European businesses and the dynamics of Belgian-Chinese relations, followed by a Q&A session. 📰 Read more: https://lnkd.in/gnv2twvm #DezanShira #ChinaTwoSessions #BusinessRelations #ChinaBusiness #EuropeanBusiness

What economic factors are contributing to Vietnam's appeal as a business hub? With a young, tech-savvy population, a growing economy, and political stability, Vietnam is solidifying its role as a Southeast Asian business hub. Starting a company in Vietnam offers access to a dynamic market and long-term growth potential. However, forming a company involves careful legal navigation, from choosing a business structure to ensuring regulatory compliance. This webinar will provide the essential knowledge and resources to establish your SME in Vietnam efficiently, with expert guidance through the entire process. Here's what you'll learn from the webinar: 👉 The key advantages of doing business in Vietnam: Discover Vietnam's economic strengths, attractive investment policies, and low production costs. 👉 Market opportunities for FDI: Learn about the high-growth sectors in Vietnam that are perfect for investors. 👉 Setting up your business in Vietnam: We'll walk you through the process of establishing your business, from company registration to legal and tax considerations. 👉 Expert insights and Q&A 📌 Register here: https://ow.ly/5b0b50RGEM2 #DezanShira #VietnamBusiness #VietnamEconomy #InvestInVietnam #VietnamMarket #FDI #VietnamInvestment

𝗡𝗮𝗶𝗻𝗮 𝗕𝗵𝗮𝗿𝗱𝘄𝗮𝗷 𝗔𝗱𝗱𝗿𝗲𝘀𝘀𝗲𝘀 𝟮𝟬𝟬+ 𝗟𝗮𝘄𝘆𝗲𝗿𝘀 𝗮𝘁 𝗪𝗼𝗿𝗸𝘀𝗵𝗼𝗽 𝗼𝗻 𝗔𝗜 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻𝘀 𝗶𝗻 𝗧𝗮𝘅𝗮𝘁𝗶𝗼𝗻 𝗛𝗼𝘀𝘁𝗲𝗱 𝗯𝘆 𝗮 𝗟𝗮𝘄𝘆𝗲𝗿𝘀’ 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗶𝗼𝗻 𝗶𝗻 𝗨𝘁𝘁𝗮𝗿 𝗣𝗿𝗮𝗱𝗲𝘀𝗵, 𝗜𝗻𝗱𝗶𝗮 On March 22, 2024, Naina Bhardwaj, International Business Advisor at Dezan Shira & Associates’ India office, spoke at a taxation workshop hosted by the Ghaziabad Bar Association. In this workshop, she discussed the application of artificial intelligence (AI) in taxation, emphasizing India's growing AI market, projected to be worth over US$17 billion by 2027, and its potential to transform the country's tax system and business environment. Naina's presentation covered the benefits and implications of AI in taxation, including the role of Generative AI in data processing and document drafting. She highlighted government initiatives like Advanced Analytics in Indirect Taxes to reduce tax fraud and improve efficiency. She also provided a blueprint for integrating AI into various professions, focusing on readiness for future challenges and systematic improvements. Additionally, she discussed AI's applications in areas such as mergers and acquisitions and transfer pricing, and popular AI tools used by tax professionals globally. 📰 Read the full article here: https://ow.ly/jEAQ50RFkLS 👩💼 Connect with Naina Bhardwaj: https://ow.ly/nhE450RFkLV 🤝 Get in touch with our team of experts in India: https://ow.ly/w20G50RFkLT

In China, effectively leveraging local and international talent requires understanding labor laws, drafting agreements, managing insurance, and handling visas. Employers need to stay updated, follow best practices, and seek expert advice to recruit and retain talent while ensuring legal compliance and a positive workplace environment. Join the Swiss China Business Academy (SCBA) webinar featuring experts from Dezan Shira & Associates, including Bruno Hernandez, Senior Associate of International Business Advisory, and Mosley Li, Assistant Manager of Human Resources Administration and Payroll, as they discuss the intricacies of recruitment and human resource management in China. They also offer invaluable insights into the pivotal considerations for multinational corporations as we navigate through 2024. Key takeaways: 👉 Procedures for employing local employees and foreign workers in China 👉 Options for hiring local employees based on labor contracts 👉 Manpower costs across different regions 👉 Social insurance schemes for employees 👉 Employment contracts and resolution of labor disputes 👉 Work visas for foreign employees in China 📌 Learn more: https://ow.ly/yMcH50REaIA #DezanShira #HR #HRManagement #EmploymentLaw #WorkVisas #InternationalBusiness #LaborContracts #MultinationalCorporations

India’s ascent as a global economic powerhouse offers ample opportunities for businesses. Gujarat International Finance Technology City (GIFT City), India’s premier International Financial Services Centre (IFSC) and a multi-services Special Economic Zone (SEZ), attracts sectors like banking, insurance, and fintech with its tax benefits and regulatory advantages. Recent policy enhancements further enhance its appeal. Yet, succeeding in GIFT City requires careful planning and compliance. In our upcoming webinar on May 22, Rachana Maurya, Senior Associate, Business Advisory Services, will share key insights on the vibrant landscape of GIFT City in 2024 for foreign businesses. Rachana will delve into following topics during the session: 👉 Why choose GIFT City in 2024: Location appeal and macroeconomic updates 👉 Latest tax incentives and legal framework 2024 👉 Emerging opportunities and benefits: Provisions of the Union Budget 2023 and spotlight on fintech startups 👉 Guide to setting up in GIFT City 2024 👉 Potential challenges 👉 Anticipated reforms ahead of Budget 2024 📌 Register here: https://ow.ly/9RTF50RE9Hw #DezanShira #GIFTCity #IFSC #SEZ #BusinessAdvisory #TaxIncentives

𝗗𝗲𝘇𝗮𝗻 𝗦𝗵𝗶𝗿𝗮 & 𝗔𝘀𝘀𝗼𝗰𝗶𝗮𝘁𝗲𝘀 𝗰𝗼𝗹𝗹𝗮𝗯𝗼𝗿𝗮𝘁𝗲𝗱 𝘄𝗶𝘁𝗵 𝗔𝘂𝘀𝘁𝗖𝗵𝗮𝗺 𝗦𝗵𝗮𝗻𝗴𝗵𝗮𝗶 𝘁𝗼 𝗮𝗻𝗮𝗹𝘆𝘇𝗲 𝘁𝗵𝗲 𝗶𝗺𝗽𝗮𝗰𝘁 𝗼𝗳 𝘁𝗵𝗲 𝗻𝗲𝘄 𝗰𝗼𝗺𝗽𝗮𝗻𝘆 𝗹𝗮𝘄 𝗼𝗻 𝗳𝗼𝗿𝗲𝗶𝗴𝗻-𝗶𝗻𝘃𝗲𝘀𝘁𝗲𝗱 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀' 𝗼𝗽𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 𝗶𝗻 𝗖𝗵𝗶𝗻𝗮 Allan Xu, Partner of Dezan Shira & Associates, recently shared her expertise on navigating China's new company law at a seminar hosted by AustCham Shanghai. During the event, Allan's presentation “Opportunities and Challenges for Shareholders” focused on opportunities and challenges for shareholders under the new law, offering practical insights and emphasizing the importance of understanding China's unique legal and social context. The panel discussion that followed delved into topics such as the impact of the New Company Law on China's society and economy, providing valuable insights on effective risk management strategies for foreign-invested enterprises. 📰 Read more: https://ow.ly/2oF850RB42a --- 🧑🏻💼 Connect with Allan Xu: https://ow.ly/ObAS50RB42c 🤝 Get professional assistance from our Shanghai team: https://ow.ly/5AYz50RB42b #DezanShira #AustChamShanghai #ChinaCompanyLaw #CompanyLaw #ForeignInvestment #ShanghaiBusiness

China's new Regulations on Cross-Border Data Flows, effective from March 22 by the Cyberspace Administration, bring significant changes. They include longer timelines, reduced documentation, and exemptions for data transfer, especially regarding employee data. The rules also allow more flexible thresholds for contracts and security assessments. Free trade zones can now create their own data transfer negative lists. To discuss these changes, the EU SME Centre and European Union Chamber of Commerce in China are hosting a workshop. Nathaniel Rushforth from Dezan Shira & Associates, along with other experts, will provide insights and guidance for European SMEs on navigating these new regulations. 📌 Register here: https://ow.ly/ntOn50RB9bt #DezanShira #DataTransfer #CrossBorderData #CyberspaceAdministration #RegulatoryCompliance

India is on track to become a global powerhouse, surpassing China's growth forecasts. India is projected to rank as the third-largest economy by 2027, attracting foreign investors due to its resilient economy and favorable demographics. Key investment destinations within India offer attractive incentives and business environments, collectively accounting for a substantial portion of Foreign Direct Investment (FDI) in the country. Join us on May 16th as Kyle Freeman, Partner at Dezan Shira & Associates, introduces the top 5 most promising investment locations in India. He will provide an overview of their strategic strengths, exploring the factors driving their growth and highlight opportunities for foreign investment. 📌 This webinar is free. Register here: https://ow.ly/qO4q50RA1xO #DezanShira #IndiaEconomy #ForeignInvestment #FDI #BusinessIndia #InvestInIndia

𝗣𝗮𝗿𝘁𝗻𝗲𝗿 𝗥𝗶𝗰𝗰𝗮𝗿𝗱𝗼 𝗕𝗲𝗻𝘂𝘀𝘀𝗶 𝗮𝘁𝘁𝗲𝗻𝗱𝗲𝗱 𝘁𝗵𝗲 𝗟𝗲𝗮𝗱𝗶𝗻𝗴 𝗘𝗱𝗴𝗲 𝗔𝗹𝗹𝗶𝗮𝗻𝗰𝗲 𝗚𝗹𝗼𝗯𝗮𝗹 𝗘𝘂𝗿𝗼𝗽𝗲𝗮𝗻 𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗖𝗼𝗻𝗳𝗲𝗿𝗲𝗻𝗰𝗲 𝗶𝗻 𝗣𝗿𝗮𝗴𝘂𝗲, 𝗖𝘇𝗲𝗰𝗵 𝗥𝗲𝗽𝘂𝗯𝗹𝗶𝗰 Dezan Shira & Associates’ Partner, Riccardo Benussi, recently attended the LEA Global European Conference in Prague, Czech Republic from April 17-19. The event, themed “Reimagine Now,” gathered over 120 attendees at the Marriott Hotel. Highlights included sessions by the I-TAX group group, a keynote by Tom Palmaerts from Trendwolves, and roundtable discussions on talent management, mobility, and innovation. The conference also introduced Country Desks – European Focus, aiming to support LEA members globally. Tony Szczepaniak, CEO of LEA Global, highlighted European initiatives’ achievements in 2023 and emphasized the network’s values. Reflecting on last year’s conference in Rome and the current edition, Riccardo Benussi observed: “The European conferences are very effective from where I stand: the partner firms I interact with all year are here and the questions and discussions get more and more exciting for me to tackle... I’m especially proud of being active part of the IT and innovation working group,... in that group I find an intriguing set of discussions to break down with others who like me want to see how technology and AI in general are shaping our industry and how we can remain ahead of the curve”. 📰 Read more: https://ow.ly/YMmW50RA5Rg #DezanShira #LEAGlobal #EuropeanConference #Audit #Marketing #VAT #GlobalMobility #Tech

China’s evolving data security regulations, notably under the PIPL, present challenges for SME manufacturing firms. Join our executive breakfast hosted by the European Chamber Nanjing with Nathaniel Rushforth, Senior Data Security Consultant at Dezan Shira & Associates, to gain insights into China’s data security landscape and its impact on SMEs in manufacturing. Key takeaways: ✔️ Enhanced understanding of China’s data security regulations and their implications for SME manufacturing companies ✔️ Practical insights on managing compliance challenges and leveraging FTZ pilot programs ✔️ Real-world case studies illustrating best practices and potential pitfalls ✔️ Awareness of enforcement priorities and regulatory developments shaping the landscape in 2024 Register here👉 https://ow.ly/kUzK50RA0Il #DezanShira #DataSecurity #PIPL #Cybersecurity #SMEManufacturing #DataCompliance