Under the influence of the seemingly everlasting pandemic, quite a few companies in China intend to seek suspension of operations so as to save costs while still surviving. In order to support business activities in such sensitive period of time, the Chinese government has is...

Lawmakers in UAE have made significant updates in the country’s tax system this year. Following the recent amendments on the VAT Law, now with the Federal Decree-Law No. 47 of 2022 (also known as the “Corporate Tax Law”) new changes are implemented in the taxat...

In order to support the development of the New Energy Vehicle Industry and promote auto consumption in China, the Ministry of Finance (MOF), the State Taxation Administration (STA), and the Ministry of Industry and Information Technology (MIIT) jointly re...