As of February 2026, the honeymoon period for “regulatory ambiguity” in China has officially ended. With the Value-Added Tax (VAT) Law and its Implementation Regulations both coming into full effect on January 1, 2026, foreign-invested enterprises
HONG KONG In early 2026, the global tax landscape has shifted from “transparency as a goal” to “transparency as a default.” With the full activation of the BEPS 2.0 Pillar Two reporting and Hong Kong’s intensified FSIE (Foreign
As we move into 2026, the Inland Revenue Department (IRD) of Hong Kong has fundamentally shifted how businesses interact with the tax authorities. The days of manual, paper-based filings are rapidly fading. For every business owner operating
In recent years, the renewal threshold for Singapore’s Employment Pass (EP) has undergone a “silent revolution.” From the high-profile money laundering cases of 2023 to the 2025 ICA PR Application White Paper, the Singapore government has sent
SINGAPORE, Dec 15 (Reuters) – DBS Bank (DBSM.SI), opens new tab was appointed as the second renminbi (RMB) clearing bank in Singapore, one of 27 agreements signed during an annual bilateral meeting held in southwest China’s Chongqing on
In recent years, a clear trend has emerged: an increasing number of Chinese and Asian enterprises are turning their attention to Dubai. According to statistics from Dubai International Chamber, the number of newly registered companies
Date: June 27, 2025 Issued by: Ministry of Finance, State Taxation Administration, and Ministry of Commerce, P.R.C. Effective Period: January 1, 2025 – December 31, 2028 China has officially launched a new tax incentive policy aimed
Hong Kong is accelerating its path toward “New Industrialisation” and positioning itself as a global hub for innovation and technology. With a series of new policies targeting innovation, research, and advanced manufacturing, the city is offering unprecedented opportunities
I. Background On February 1 (local time), the U.S. government issued a rare statement naming Mexico, Canada, and China simultaneously, accusing the three countries of “inadequate supervision” in combating drug trafficking and transnational money laundering. The
1. Singapore’s Response in a Shifting Global Trade Landscape Amid growing global trade tensions and rising tariff barriers, Enterprise Singapore (EnterpriseSG) announced on October 7 the launch of a new Business Adaptation Grant (BizAdapt) — a timely initiative