China Plans Additional Free Trade Zones

China-Plans-Additional-Free-Trade-Zones

Shanghai Free trade Zone is the first free trade area in mainland China. The plan was first announced by the government in July 2013 and it was personally endorsed by Premier Li Keqiang on 29 September 2013. Chinese President Xi Jinping has said that, after more than a year since Shanghai’s pilot free trade zone […]


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Third Country Nationals in Cyprus Applying for a Work Permit

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It is possible for third country nationals in Cyprus to apply for a work permit via the company which is employing them. However, the company must be eligible to apply for employing third country nationals in order for an individual to apply for a work permit. Companies which are considered ‘eligible’ are the ones where […]


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Indonesia Wants to Place VAT On E-Commerce

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Indonesia is the latest Asia Pacific country to indicate it wants to start levying VAT on e-commerce sales of goods to consumers. Currently, domestic online retailers are exempt from the Indonesian VAT, which is charged at 10%. However, the Indonesian Minister for Finance, Bambang Brodjonegoro, has confirmed the Government hopes to introduce value-added tax (VAT) […]


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Dubai Customs Inks MoU With New Free Zone

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The Dubai Design District (d3) within the customs framework for a soon-to-be launched free zone has been agreed in the memorandum of understanding (MoU) between Dubai Customs and the Dubai Media Free Zone Authority. Different to any other free zone in Dubai, d3 has a significant retail element and has therefore been designed to attract […]


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Croatia and UK Have Signed Double Taxation Avoidance Agreement

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An Agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital gains has been signed between Croatia and the UK. The aforementioned Agreement was duly signed on January 15th, 2015 and it will enter into force when both countries complete their Parliamentary procedures […]


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