Italy recently ratified the upgraded Double Tax Agreement (DTA) with China, which will finally take effect in 2025.
China, a key market for luxury goods, is driven by a growing middle class and affluent consumers. However, economic uncertainties and shifting trends require brands to adapt strategically.
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 2024 updates to China’s strategic investment rules simplify entry for foreign investors in the A-share market by lowering shareholding thresholds, reducing lock-up periods, and expanding investment options.
In this aritcle, we look at all of the China visa-free policies that are currently in place and clarify who is eligible to benefit from them.
The State Taxation Administration has announced the promotion of fully digitalized electronic invoices for civil aviation passenger transport, effective from December 1, 2024.
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