A total of 50,087 local companies were newly registered during the first half of 2022, according to the statistics released by the Companies Registry. The total number of local companies registered underRead More
China’s new VAT regulations are good news for SMEs, but add to the complexity of VAT administration and accounting. Small-scale taxpayers in China who were subject to 3% Value Added Tax (VAT) are now exemptRead More
According to China’s Provisions on Minimum Wage, the legal minimum wage refers to the minimum labor remunerations that shall be paid by the employers to the employees under the precondition that the employee hasRead More
The primary tax risk that Chinese companies face when going global is the unfamiliar and complex tax system, collection, and administration of the target country. Failure to fully understand the target country’s tax regimeRead More
Singapore has one of the lowest corporate tax rates in the world, excluding capital gains tax, and is ranked number one in the World Banks Ease of Doing Business Index each year.Thanks to its simple tax systemRead More
(Elite Stage’s gift: 83 pages of electronic document “The Impact of the War in Ukraine on Global Trade and Investment” is available for free within a limited time! ) In 2004, China formally issued regulations on theRead More
(Elite Stage’s gift: 56 pages of electronic document “Anticipating Inflation in Asia 2022 & Beyond” is available for free within a limited time! ) Hey guys, we got an interesting topic to cover today, to sayRead More
On April 26 this year, Singapore’s entry measures were further simplified. No matter whether you are holding a short-term visa or a long-term pass, as long as you complete the entire vaccination process, there areRead More
“Applying for PR” has always been one of the hot topics that foreigners in Singapore are most concerned about. If staying in Singapore is the ultimate goal, getting EP and SP can only beRead More
According to the recently released economic statistics by the National Bureau of Statistics and the Ministry of Commerce, China’s first quarter (Q1) growth exceeded expectations, with an increase of gross domestic product (GDP) by 4.8 percentRead More
