Changes to the Taiwan Social Contributions Rate – 1st January 2025
Please be informed that there are adjustment to the social contributions rate in Taiwan, with effective from 1st January 2025.
2025 Public Holidays in China Announced
With the approval of the Party Central Committee and the State Council, according to the “National Holidays and Memorial Day Holiday Arrangement” revised in November 2024, starting from January 1, 2025, the public holidays for all citizens will be increased by 2 days, with an additional day added to both the Spring Festival and Labour Day.
Upcoming Changes to CPF Contribution Rates and Ordinary Wage Ceiling in Singapore
Exciting updates are on the way for Singapore’s Central Provident Fund (CPF) starting January 1, 2025.
Perkeso in Malaysia Enforces New Salary Ceiling for Contributions Effective October 1, 2024
The Social Security Organisation (Perkeso) will enforce a new salary ceiling for contribution purposes, raising it from RM5,000 to RM6,000, effective October 1, 2024.
New Social Contribution Limits in China’s Shanghai and Beijing Effective July 2024
Starting in July 2024, Shanghai and Beijing introduced new upper and lower limits on salary bases for social contributions and housing funds, which directly impact both employer and employee contributions.
Social Contribution & Housing Fund Adjustment Notice in Shanghai and Beijing, China
Notifications have been received from various local governments to adjust the social contribution and housing fund caps, effective July 1, 2024.
New Mainland Travel Permit for Non-Chinese Permanent Residents of Macao and Hong Kong
Starting from 10 July, eligible individuals can apply for the new Mainland Travel Permit via China Travel Service (CTS) offices in Macao or Hong Kong.
Changes in Base and Regional Minimum Wage in Vietnam
With reference to the announcement by the authority in Vietnam, kindly be informed about there are changes in the base and regional minimum wages in Vietnam, effective 1st July 2024.