China’s Ministry of Finance together with the State Taxation Administration have issued an announcement with the goal to enhance the existing policies for pre-tax additional deductions for R&D expenses. The announcement was first issued on April 7th, 2021 and is effect...

The economy of Vietnam continued its expansion in the first three months of 2021 as reported by the General Statistics Office. The gross domestic product (GDP) of one of the best performing economies in the South-East Asian region has increased by 4.48% as reported by...

In order to further support the development of small and micro enterprises and individual entrepreneurs, China has implemented additional preferential income tax policies specifically tailored for such investors with the implementation period of these new policies from January...