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Vietnam Reduces VAT Rate The Vietnamese government issued Decree 15/2022/ND-CP on 28 January 2022, announcing the reduction of value added tax (VAT) rate to support the country’s...
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Chinas Exempts Small Scale Taxpayers from VAT Recently, China’s Premier announced that China will exempt small scale taxpayers from Value Added Tax (VAT) for a period of time to ...
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Updated Pre-departure Requirements on Flights from Singapore to China Embassy of the People’s Republic of China in the Republic of Singapore released a notice to adjust pre-depar...
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Hong Kong border reopening starting on 1 May 2022 The Hong Kong SAR Government announced that starting on 1 May 2022, non-Hong Kong residents will be allowed to enter Hong Kong fr...
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Vietnam Increases Overtime Cap to Meet Demand for Labour Vietnam’s National Assembly released the Resolution 17/2022/UBTVQH15 (Resolution 17) on 23 March 2022, which increases th...
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Preferential CIT Policies for Hengqin Released and Took Effect On 1 June 2022, the Department of Finance of Guangdong Province and Guangdong Provincial Tax Bureau forwarded a Circ...
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Hong Kong Reduction of the Levy Rate of Business Registration After considering the stable financial position of the protection fund and other relevant factors, Hong Kong Governme...
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China Adjusts Visa Policy for Foreigners Recently, Chinese embassies in the United States, Canada, Singapore, Australia, the United Kingdom, Spain, France, Germany, Russia, the Re...
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Adjustment of Contribution Base and Rates for Housing Provident Fund for 2022 in Shenzhen According to the Notice on the Adjustment of Contribution Base and Rates for Housing Prov...
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Vietnam Increases Minimum Wages The Vietnamese government signed Decree No. 38/2022/ND-CP on 12 June 2022, announcing that the minimum wages will be increased by an average of 6% ...
