Starting from December 1, 2024, China officially launched the new policy of linking foreign work permits with social security card information. This policy has not only reignited the discussion about the social security obligations of foreign nationals working in China but a...

Vietnam's 2024 Law on Value-Added Tax (VAT), approved on November 26th, 2024, by the National Assembly of Vietnam, marks an important step in reforming the country's tax framework. The law reflects Vietnam’s effort to align its economic policies with global standar...

China has long relied on export tax rebates to strengthen its export-driven economy, providing competitive advantages to manufacturers and exporters. However, recent policy adjustments may indicate a significant shift, gradually eliminating or reducing VAT rebates for certai...