Good news about the Chinese VAT tax rate since the Chinese State Council, during the meeting chaired by Premier Li Keqiang and held on 28 March 2018, announced that China will cut VAT tax rates related to some industrial sectors. The State Council decision is part of a tax reduction plan amounting to 400 billion yuan ($63.58 billion) to drive high-quality industries development.
Indeed, the meeting pointed out that in China the tax reduction over the past five years has reached the amount of 2.1 trillion yuan.
Singapore and Vietnam, together with Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, and Peru recently have signed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in Santiago, Chile.
Are you an Italian entrepreneur interested in expanding your business to the UK or a business consultant who wants to know more about the UK market’s opportunities?
Save the date for PRO.MEET 1st London Workshop about internationalization on May 5th 2017.
Planning to relocate or to expand your business internationally? Have a look at this interesting survey about the top destinations around the world - main criteria: economics, lifestyle and family. It may help you define your next move or confirm your decision.