India Notifies Final International Safe Harbour Rules; China Revamps Resident Certificate Procedure; Netherlands Proposes Tax Changes; Switzerland Proposes to Restructure Corporate Tax: Highlights from Nair & Co.

BRISTOL, United Kingdom--()--Nair & Co., the leader in international business expansion and support, publishes HR, regulatory, taxation and company updates for the current week.

Webinar: Expansion into the Asia Pacific Markets: Identifying & Leveraging the Right Opportunities
Thursday, September 26, 2013, 11:00 am PST / 2:00 pm EST

International expansion done right can lead to sustainable growth and ensure the long term success of a company. The wrong move into the wrong market at the wrong time can derail company growth. How do companies make educated strategic decisions in understanding the legal and political, as well as the economic implications of expanding into specific Asia Pacific markets?

In this one hour interactive webinar renowned international business experts from Nair & Co. will discuss what companies need to know in terms of legal entity setup, profit repatriation, as well as employment, compliance and taxation issues when considering expansion into Asia Pacific markets. Register to attend the webinar at http://www.nair-co.com/Webinar-ExpansionIntoAsiaPacific.aspx

India Notifies Final International Safe Harbour Rules on Transfer Pricing

On September 18, 2013 Central Board of Direct Taxes (CBDT) of Government of India published the final Safe Harbour Rules (SHRs). This was after taking into consideration the statements received from the various stakeholders in response to the August 14, 2013 CBDT release. Read more at http://www.nair-co.com/IndiaSafeHarbourRules-23-09-2013.aspx

China Revamps the Resident Certificate Procedure for Tax Arrangement with Hong Kong

China’s State Administration of Taxation (SAT) department recently announced that the Mainland China tax authority may determine tax resident status of a business or entities operating in Hong Kong. The tax resident status will be based on the Certificate of Incorporation of the business entity issued by Registrar of Companies of Hong Kong (or the Business Registration Certificate) when the business which is a legal entity applies to obtain for the treaty benefit. Read more at http://www.nair-co.com/Chinarevampsresidentcertificateprocedure-25-09-2013.aspx

Netherlands Proposes Tax Changes for 2014

Significant changes for businesses, most of which are slated to come into force from January 1, 2014, include changes to certain provisions governing the Research and Development related tax reduction cap, extension of an individual tax bracket, amendments to certain provisions concerning tax credits and abolition of the wage tax. Read more at http://www.nair-co.com/NetherlandTaxPlan2014-24-09-2013.aspx

Switzerland Proposes to Restructure Corporate Tax System

The Swiss Federal Government has published an interim steering committee report, in May 2013, outlining plans to restructure its Corporate tax system with the intent of strengthening the country’s international competitiveness and making Switzerland more attractive to companies in search of international locations. The systems which are under consideration for modification pertain to the domiciliary, holding and mixed-company tax regimes. Read more at http://www.nair-co.com/SwitzerlandCorporateTaxSystem-20-09-2013.aspx

International Business Guide

Nair & Co. launches “International Business Guide” online platform featuring information on Employment Laws, Legal Entities, Payroll, Accounts, Corporate and Indirect Taxes for 40 key jurisdictions worldwide. The International Business Guide (IBG) caters to a need for timely and accurate business information, for companies wishing to optimize their multinational operations. Learn more about the IBG at https://ibg.nair-co.com

About Nair & Co.

Nair & Co. provides you with your one touch outsourced finance, HR, legal and global tax compliance department for your international operations. If you are expanding abroad for the first time or increasing your global footprint, our turnkey solutions help you do so with minimal risk, stress and cost. We support 1000+ client operations in over 56 countries and have core offices in U.K., India, China, U.S., Japan and Singapore. Nair & Co. was named among the top 100 outsourcing services providers in the world by the International Association of Outsourcing Professionals (IAOP). Learn more at www.nair-co.com.

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Contacts

Nair & Co.
Yvonne Smith, +1-408-515-6887
yvonne.smith@nairusa.com
or
Gutenberg Communications for Nair & Co.
Marilyn Gerber or Stefanie Cannon, +1-408-335-6965
nairco@gutenbergpr.com

Release Summary

India Notifies Final International Safe Harbour Rules; China Revamps Resident Certificate Procedure; Netherlands Proposes Tax Changes; Switzerland Proposes to Restructure Corporate Tax: Nair & Co.

Contacts

Nair & Co.
Yvonne Smith, +1-408-515-6887
yvonne.smith@nairusa.com
or
Gutenberg Communications for Nair & Co.
Marilyn Gerber or Stefanie Cannon, +1-408-335-6965
nairco@gutenbergpr.com