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International tax, audit, accounting and legal news

VAT refund China: A paradigm shift for foreign tourists

Foreign tourists in China can receive an instant VAT refund on purchased goods at certain retail stores. With this nationwide real-time VAT refund system, the government aims to increase the attractiveness of the country for international visitors. The Ecovis experts explain the process.

Transfer pricing: A comprehensive compliance guide for the Czech Republic, Hungary, Poland and Slovakia

Transfer pricing has become a critical issue for multinational companies operating in the Visegrád Group (V4), which includes the Czech Republic, Hungary, Poland, and Slovakia. Ecovis experts from these countries have therefore developed a comprehensive guide to help companies correctly implement the requirements. The alliance shares a rich historical and economic background, which has created […]

Tax policy Germany: New coalition agreement brings tax policy shifts

The new German federal government has adopted tax changes for companies in its coalition agreement. These include corporate taxation, tax relief for work and income, as well as for electromobility and energy efficiency. The Ecovis tax advisors explain the details. The new coalition of the Christian Democratic Union (CDU), Christian Social Union (CSU), and Social […]

E-invoicing Poland: What companies need to know about the introduction

Polish lawmakers are working on introducing a national e-invoice system (KSeF). Currently, taxpayers can use the platform for issuing and receiving electronic invoices voluntarily; starting in 2026, use of the system will be mandatory. The Ecovis experts recommend that companies prepare now. The background to the national e-invoice system KSeF is an IT system for […]

Sustainable tax Türkiye: Tax instruments on the path to sustainability

With the tax instruments gradually introduced over the years to promote sustainability, Türkiye aims to move closer to global climate targets and align with EU regulations such as the Carbon Border Adjustment Mechanism (CBAM). The concept of sustainability is no longer limited to environmental policies; it has become central to tax policy as well. Sustainable […]

Buying property in Hungary as a foreigner: Rules and regulations

Foreign natural or legal persons must obtain a permit if they wish to purchase real estate in Hungary. However, there are numerous exceptions. The Ecovis consultants explain what these are and what documents must be submitted for approval. The acquisition of real estate by foreigners in Hungary is governed mainly by the “Act on certain […]

US expats in France: Navigating trust reporting obligations

US expats living in France must comply with their trust reporting obligations. Failure to do so can result in severe penalties. The Ecovis experts know what to do to ensure legally compliant implementation of these requirements. Unlike most common law countries (USA, UK, Canada in particular), French law does not recognise the existence of trusts. […]

Working in Vietnam as a foreigner: What companies and employees need to know

Foreign workers wanting to work in Vietnam must go through a complex process to obtain a work permit. Companies that want to hire foreign workers also have numerous obligations to fulfil. The Ecovis experts explain exactly what these obligations are.

Tax audit in Peru: When contradictions and inconsistencies invalidate tax authority’s assessments

Growing pressure to collect tax revenue has intensified audit activity in Peru. This has led to significant inconsistencies in the assessments of the Peruvian National Superintendence of Customs and Tax Administration (SUNAT). However, a recent ruling by the tax court demonstrates that legal coherence remains essential. The Ecovis consultants explain and evaluate the ruling.

Capital market Greece: Modernised with EU-aligned reforms

The Hellenic Parliament has approved a new bill introduced by the Hellenic Capital Market Commission (HCMC). It brings substantial regulatory updates in line with European Union (EU) directives and international best international practices. The Ecovis consultants know what changes are being made to strengthen the capital market and what companies need to consider.

14th ECOVIS Regional Partner Meeting of the APAC Region in Hong Kong

From 8–10 May, ECOVIS partners from across the Asia-Pacific region – and some from further afield – came together in Hong Kong for the 14th ECOVIS Regional Partner Meeting.

Ecovis is back in Jordan

Ecovis welcomes its new partners from ECOVIS Arab International Bureau, which has been operating in Amman, the capital of Jordan, since 1961.