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China Low-Profit Enterprise 5% Tax Until 2027
Recently, the Ministry of Finance (MOF) and the State Taxation Administration (STA) have released the Announcement on Relevant Tax and...
Royalty Payments in China
Royalties refer to payments made by one party to another for the right to use intellectual property (IP) such as patents, trademarks,...
Withholding Tax on Dividends, Interest, Royalties and Technical Services
The imposition of withholding tax is a fiscal requirement for foreign enterprises conducting business operations in China. This tax is...
China’s PMI July 2023
China's National Bureau of Statistics confirmed the expansion in July of the composite Purchasing Managers' Index (PMI), which includes...
Vietnam-Italy Strategic Partnership
From July 26th to 27th, 2023, the President of the Socialist Republic of Vietnam, Vo Van Thuong, made an official visit to Italy at the...
IMF Forecast July 2023
The International Monetary Fund (IMF) released its latest World Economic Outlook on July 25, 2023. The report forecasts global growth for...
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