China’s New Regulations Crack Down On Crypto Currency Fever
For On June 21, the Central Bank (PBC) announced that the relevant departments of the Central Bank recently discussed with main banks and payment institutions in China including the Industrial and Commercial Bank of China, Agricultural Bank of China, Construction Bank, Postal Savings Bank of China, and Alipay (China) Network Technology Co., Ltd regarding the […]
Make Your Tax Residence Your New Home
It is not uncommon for digital nomads to spend nine months of the year traveling around the world, going from country to country, and staying in numerous hotels and airbnbs. At some point they come home for a few months to sort a few things out at the bank and visit their mothers before going […]
Individual Income Tax Subsidies in Greater Bay Area
On March 14, 2019, the Ministry of Finance and the State Administration of Taxation jointly issued the “Notice on Preferential Individual Income Tax Policies in the GBA Area” (Caishui [2019] No. 31, hereinafter referred to as “Circular 31”). The preferential policy for the subsidy of individual income tax burdens introduced in this article aims to […]
New VAT rules for your online business in Europe
The world has changed, and companies have been forced to adapt to new business models to reach market and consumer needs. Entrepreneurs and businesses are rushing to get involved in what is a potentially very profitable market and the e-commerce is a new channel to follow a new path to increase sales. Numbers are already […]
Tips for foreign enterprises to benefit from the new RCEP Agreement
RCEP (Regional Comprehensive Economic Partnership Agreement) is the largest free trade agreement in history, which consists of 15 countries – 10 member states of the Association of Southeast Asian Nations (ASEAN), China, Japan, South Korea, Australia, and New Zealand. Although the pact must be ratified, it is scheduled to enter into force next year, 1st […]
