Monthly Archives: November 2011

China befreit kleine Unternehmen von 22 Gebühren

29. November - Die chinesische Regierung hat vor kurzem beschlossen, Kleinst- und Kleinunternehmen (MSEs) von 22 Verwaltungsgebühren, die von dreizehn verschiedenen Regierungsstellen erhoben werden, zu befreien. Diese Maßnahme kann als ein weiterer Schritt betrachtet werden, durch welchem die chinesische Regierung nachdrücklich … Continue reading

Posted in China, German, Language | Comments Off

China’s SAT Details VAT Reform Issues in Shanghai

To resolve the issue of duplicate taxation on goods and services and support the development of the modern service industry, the Chinese government has commenced the value-added tax (VAT) reform aimed at gradually replacing business tax (BT) with VAT in China. Continue reading

Posted in China, English | Comments Off

Vietnam to Cut Income Tax By 30% for Small Business

On November 4, 2011 the government enacted Decree 101/2011/ND-CP presenting tax incentives to help enterprises and individuals survive in the current high level of inflation in Vietnam.

Continue reading

Posted in English, Vietnam | Comments Off

China to Exempt Small Businesses From 22 Fees

In a move to substantially reduce the financial burdens on the country’s micro and small-sized enterprises (MSEs), China recently announced that MSEs would be exempt from 22 types of administrative fees charged by 13 different government departments. The introduction of this new favorable fiscal measure is yet another step China is willing to take to assist its MSEs following other recent promises of favorable loan offers and tax treatment.

Continue reading

Posted in China, English | Comments Off

China’s SAT Clarifies Tax Treatment towards Mining Services

When a taxpayer exploits mineral resources for other entities or individuals, the various services it provides can be subject to different types of taxes, according to a recent announcement by the State Administration of Taxation (SAT).

Continue reading

Posted in China, English | Comments Off

China to Get Tough on Employers Shirking Social Insurance Payments

China is mulling stronger enforcement of its latest Social Insurance Law by specifying harsher penalties for enterprises that delay or do not fulfill their payment obligations towards all five of the required social insurance items.

Continue reading

Posted in China, English | Comments Off

China Stresses Measures to Boost New-energy Car Market

In a move to increase the number of green vehicles on the country’s roads, China is urging new-energy car promotions in 25 major cities. The new regulatory call will likely provide a boost to the green automobile market after the country saw an overall deceleration in car sales partly due to last month’s issuing of a tightened subsidy policy for fuel-efficient car models.

Continue reading

Posted in China, English | Comments Off

Chinas Staatliche Steuerbehörde (SAT) stellt Steuerbehandlung von Dienstleistungen im Bergbau klar

20. November – Wenn ein Steuerzahler im Auftrag eines anderen Unternehmens oder Einzelperson Mineralien ausbeutet, können die verschiedenen Dienstleistungen bei der Steuer unterschiedlich behandelt werden. Das geht aus einer Ankündigung der chinesischen Staatlichen Steuerbehörde (SAT) hervor.

Posted in China, German, Language | Comments Off

Dezan Shira & Associates eröffnen neuen Standort in Singapur

15. November - Dezan Shira & Associates, die Unternehmensberatung, die sich ausländischen Direktinvestionen in den Wachstumsmärkten Asiens widmet, setzt durch die Eröffnung eines neuen Standorts in Singapur seine Expansion in den Märkten Asiens fort. Seit der Gründung im Jahr 1992 versorgen … Continue reading

Posted in Asia, China, German, India, Vietnam | Comments Off

Corporate Income Tax Delayed One Year For Labor-Intensive Enterprises

Good news for labor-intensive firms in Vietnam. Decision 54/2011/QD-TT inked by the Prime Minister last week agrees to extend corporate income tax payments in 2011 for labor-intensive companies as well as “co-operatives lawfully established and operating which have revenue from the production or processing of agricultural, wood, seafood, garment, footwear, or electronic products, or from development, construction, and installation of infrastructure works.”

Continue reading

Posted in English, Vietnam | Comments Off