Tax & Regulations

  • China’s New Tax Filing Rules: A Paradigm Shift for UAE Businesses in Cross-Border Trade

    ByUECN

    In a significant move to enhance tax transparency and regulate its burgeoning export sector, China’s State Taxation Administration (STA) has rolled out new tax filing regulations, effective October 1, 2025. The new rules, outlined in STA Announcement [2025] No. 17, introduce substantial changes to the Corporate Income Tax (CIT) prepayment procedures for export enterprises. This…

  • China’s Draft VAT Rules Clarify Cross‑Border Service Tax (30% of Revenue)

    ByUECN

    China’s Draft VAT Rules Clarify Cross‑Border Service Tax (30% of Revenue) Beijing, August 14, 2025 – China has unveiled draft Value-Added Tax (VAT) Implementation Regulations aimed at bringing certainty to cross-border services and transactions. Released on August 11, 2025 by the Ministry of Finance and State Taxation Administration, the draft rules accompany a new VAT…