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China Clarifies VAT Threshold Under New VAT Law

2026-02-11
China’s updated VAT threshold affects how natural persons and small‑scale taxpayers are taxed under the 2026 VAT Law. This article explains the monthly, quarterly, and per‑transaction thresholds, aggregation rules, administrative requirements, and the implications for foreign‑invested enterprises managing suppliers, contracts, and VAT creditability.

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China Briefing

China’s New Vehicle Data Export Guidelines: How Automakers Should Prepare

02/10/2026

China’s new vehicle data export rules introduce clearer definitions, compliance pathways, and risk management requirements for automakers operating in China.

India Briefing

India’s Component Warehousing Safe Harbor: A Competitive Tax Proposition for Global Manufacturers

02/11/2026

In Budget 2026, the central government introduced a series of tax and customs reforms to strengthen India’s position as a global manufacturing and services hub.

Vietnam Briefing

Driving Vietnam’s Private Sector Growth: Core Incentives Introduced by Decree 20/2026

02/10/2026

Vietnam’s newly issued Decree No. 20/2026/ND-CP (“Decree 20”) provides comprehensive regulations and guidance for implementing special mechanisms aimed at fostering private sector development.

Middle East Briefing

Oman Unveils VAT Refund Scheme for Tourists: Expected Impact on Retail and Tourism

02/10/2026

Oman’s planned VAT refund scheme for tourists is a targeted reform designed to boost visitor spending, support domestic retailers, and align the Sultanate with GCC and global tourism best practices.

ASEAN Briefing

Vietnam Year-End Closing and Audit Preparation for Foreign-Invested Enterprises

02/11/2026

For companies operating in Vietnam, year-end closing establishes taxable income, distributable profit, and compliance standing for the following reporting cycle.

China Briefing

Hong Kong’s Evolving Double Tax Agreement (DTA) Network 2026

02/09/2026

This article examines why DTAs matter, how Hong Kong’s current framework operates, and which negotiations investors should watch next.

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Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.

India

India Briefing

India's Component Warehousing Safe Harbor: A Competitive Tax Proposition for Global Manufacturers

02/11/2026

India’s Budget 2026-27 introduces a 2 percent safe harbor for bonded component warehousing and a five-year tax exemption for non-resident suppliers, offering transfer pricing certainty and strengthening India’s role in global manufacturing supply chains.

Vietnam

Vietnam Briefing

Vietnam Manufacturing Tracker: As of February 2026

02/11/2026

The Vietnam Manufacturing Tracker by Vietnam Briefing provides the latest data, policy updates, FDI trends, industrial production indicators, and export performance insights to help investors monitor Vietnam’s fast-evolving manufacturing landscape.

 

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Asia Briefing publishes articles, magazines, and guides on doing business in Asia.
It has been produced by Dezan Shira and Associates since 1999.

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