Dear Customers. Please be informed of Korea’s Statutory Update for the income tax table. The latest income tax table can be downloaded here. For any further information, please feel free to contact us if you have any question.  

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Dear Customers. BPJS Health board has issued an update related to the terms and procedure for reporting an inactive participant (unregister) Health Insurance Program in the event of Termination of Employment (PHK). Participants who receive wages (PPU), who experience layoffs still receive the right to benefit health insurance no later than 6 (six) months after the […]

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Dear Customers. Indonesia government has issued an update related with amount of benefits and wage regulation for BPJS pension 2021. Please see below for updated details of Jaminan Pensiun: Minimum Pension Benefits is IDR 356,600 per month and maximum of IDR 4,277,900 per month. The maximum wage as the basis for calculating the pension contributions […]

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Dear Customers. Japan Social Insurance Bureau has announced updates on the Japan Health Insurance deduction rate effective from March 1, 2021. The Health Insurance rate has been changed from 9.87% to 9.84%, and The Care Insurance rate has been changed from 1.79% to 1.80%, for the companies located in Tokyo. For any further information, please […]

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Dear Customers. Please find below notice for the China’s statutory adjustments in January for your reference. The policy of “Medium-sized, small and micro enterprises will be auto exempted from the three types of social insurance company contributions (pension insurance, unemployment insurance and work-related injuries insurance)” was in effect until December 2020, and will go back […]

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Dear Customers. Financial Service Bureau has announced updates on the Macau tax fixed deduction rate effective from January 1, 2021. The fixed deduction rate in 2021 has been changed from 30% to 25%. Refer to the latest Tax Calculator for 2021: link For any further information, please feel free to contact us if you have […]

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Dear Customers. Please be informed of Korea’s Statutory Update for the minimum wage effective from 1st January 2021. Minimum wage will be updated as below: Please find more information via from Government website’s link. For any further information, please feel free to contact us if you have any question.  

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Dear Customers. Please find below notice for the statutory adjustments in January in China for your reference. The policy of “Medium-sized, small and micro enterprises will be auto exempted from the three types of social insurance company contributions (pension insurance, unemployment insurance and work-related injuries insurance)” was in effect until December 2020, and will go […]

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