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China China Statutory Update – Adjustments for social insurance& housing fund base/rate effective 1st July, 2020
Dear Customers. Please find below notice for the statutory adjustments in July in China for your reference. The policy of “Medium-sized, small and micro enterprises will be auto exempted from the three types of social...
Korea Statutory Update – National Pension Capping Update
Dear Customers. Please be informed of the Korea Statutory Update for the National Pension capping effective from July 1st 2020. National Pension capping will be updated as : From 1 July 2020 to 30 June 2021Lowest BV...
Singapore Statutory Update – Auto-Inclusion Scheme (AIS) for Employment Income YA2021
Dear Customers. From Year of Assessment (YA) 2021, participation in AIS is compulsory for employers with 6 or more employees or who have received the “Notice to File Employment Income Of Employees Electronically under the...
Thailand Statutory Update – Add Substitution for the Songkran Public Holidays
Dear Customers. This is to inform that Thai government announced to add Substitution for the Songkran Public Holidays on 27th July 2020. This is substitution for Songkran Public Holidays that has been cancelled since 13-15...