Tax

Transport and logistics sectors benefit from the new VAT reform.

Ad valorem method used for calculation of resource tax for crude oil and natural gas.

The revised Regulations use ad valorem method for calculation of resource tax for crude oil and natural gas.

The revised Rules raise the thresholds for the levy of value-added tax.

Tax policy continued to encourage foreign-invested R&D institutions.

The revised Rules raise the thresholds for the levy of business tax.

Export foreign exchange procedures streamlined.

Deed tax exempted for adding spouse's name to the property.

Tax specialists offer their insights for potential inbound investors on fundamental tax rules they need to be aware of