China Tax Update: Challenges Ahead, Advice on Hand

Expatriates in China currently enjoy several tax benefits including housing allowance and tax-deductible school fees. By the end of 2021, the majority of these benefits are set to end. From 2022, expatriates working in China will be eligible for the same special additional deductions as Chinese citizens i.e. : Less tax deductible income for foreign employees in China will mean a significant cut to […]

RCEP: Global Trade’s Pivot to Asia

The signing of the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free trade agreement, marks a milestone for the Asia-Pacific region. Amid global economic uncertainty and threats of protectionism, the RCEP free trade commitment promises to speed up regional economic integration and assist post-Covid recovery. But with scale comes complexity. Many of our clients […]