Qualified fixed assets that meet specific criteria are eligible for a one-off deduction before corporate income tax in China. This article demonstrates the details of this policy by explaining two real examples.
The UAE Federal Tax Authority (FTA) has introduced a grace period from January 1, 2024, to March 31, 2025, allowing businesses to update their tax records without incurring administrative penalties.
Learn about Singapore's new 2025 Employment Pass salary thresholds and COMPASS framework. Find out how businesses can prepare to meet the updated requirements.
The State Taxation Administration has announced the promotion of fully digitalized electronic invoices for civil aviation passenger transport, effective from December 1, 2024.
The new China-Italy DTA breaks down many of the barriers that obstructed cross-border trade, investment, and knowledge exchange between the two countries.
Timeline tracking key developments affecting EU-China relations, including trade and business engagement, under the new European Parliament.
We discuss how the China-Italy bilateral relationship has transitioned after Italy's exit from the BRI, with ongoing high-level interactions indicating strong support for high-value trade and commercial engagement.
The Iqama is an official residency permit issued by the Saudi Arabian government, allowing foreign nationals to live and work in the Kingdom.
China and Mexico economic relations are thriving, with bilateral trade reaching US$100.2 billion in 2023. China is Mexico’s second-largest trading partner.
In this article, we explore the strengthening economic ties between China and Indonesia, highlighting potential opportunities in bilateral trade and investment.
Vietnam's Decree 115 creates a strong legal framework for investor selection and bidding in land-use projects. We discuss key provisions.
We explore the growing trade and investment relations between India and the Commonwealth of Independent States (CIS), highlighting opportunities in energy, diamonds, and gold.