On June 10th, 2021, the "Hainan Free Trade Port Law" (hereinafter referred to as the "Law") was passed, which coincided with the first anniversary of the publication of the "Overall Plan for Hainan Free Trade Port Construction". The Law introduced several arrange...

Businesses which are based outside of Vietnam (i.e. have no licensed presence in Vietnam), and provide goods and services in Vietnam, should be aware of the foreign contractor tax (FCT). FCT can be simply seen as a withholding tax in Vietnam, as Vietnamese-registered ...

Facing the ever-stringent environment of transfer pricing and tax anti-avoidance in China, taxpayers need to pay special attention to intercompany agreements not only in terms of legal consequences, but also the underlying tax implications in order to substantiate their interco...