Nair & Co.

With reference to the effectiveness of India?s new Companies Act, 2013, the Ministry of Corporate Affairs (MCA) has further notified 183 sections and schedules. The newly notified sections have come into effect 1 April 2014.

The Malaysian Immigration Department (MID) launched anew electronic filling web portal (for online submission of employment pass applications) on 10 March 2014

The UK has announced changes to the Visa and Immigration Point-Based system and introduced new rules which involve the application processes of Tier 1, 4 and 5 visa sponsors.

The Ministry of Employment of Luxembourg has raised the minimum salary threshold for Blue Card holders.

Multinationals operating in Hyderabad, India, are now subject to new documentation requirements for foreign workers’ registration and extension applications filed with the Foreigners Regional Registration Office (FRRO).

The Argentine Tax Authority (AFIP) introduced legislation under which a Withholding Tax of 0.5% will be charged on all triangular exports.

India has recently introduced legislation mandating the establishment of Corporate Social Responsibility (CSR) policies for both Indian companies as well as foreign companies operating in India.

The Government of the UK has announced plans to introduce a new shared parental leave system for local workforce starting April 2015.

The Financial Secretary of Hong Kong has officially presented the 2014/15 Budget. Among the areas addressed are corporate and personal taxes

The Philippines' Department of Labor and Employment (DOLE) has introduced a new permit applicable only for the foreign nationals applying for 9(g) Pre-arranged Employment Visas