Newsletter

China Patent Law: SPC Clarifies Inventive Step Requirements and Procedural Diligence - ECOVIS International
Newsletter

China Patent Law: SPC Clarifies Inventive Step Requirements and Procedural Diligence

The Supreme People’s Court (SPC) of China has overturned the ruling from lower instances which declared the “magnetic repulsion suspension device” patent invalid. Advisors from Shanghai K-insight Law Firm – A Member of ECOVIS International, outline the key facts and the legal principles established in the proceedings.
China Prosecution History Estoppel: SPC Clarifies Limits in New Patent Case - ECOVIS International
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China Prosecution History Estoppel: SPC Clarifies Limits in New Patent Case

In a patent infringement case, the Supreme People’s Court (SPC) of China has ruled in favour of the patent holder, the German company Rose Plastic AG. The SPC clarified that statements distinguishing the invention from prior art should not automatically be interpreted as a comprehensive disclaimer of specific material variants. Consequently, the judgment of the court of first instance was overturned, patent infringement was established, and Rose Plastic was awarded damages. Experts from Shanghai K-insight Law Firm present the ruling.
Japan Business Manager Visa Reform: Strict New Rules for Entrepreneurs - ECOVIS International
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Japan Business Manager Visa Reform: Strict New Rules for Entrepreneurs

Japan has introduced a major reform of the Business Manager visa, which took effect 16 October 2025. The new framework significantly increases entry requirements for foreign entrepreneurs and reflects a policy shift towards ensuring meaningful business activities, local employment, and stronger financial commitment. The Ecovis experts from ECOVIS AKIA Tax Consultants explain the changes and their significance.
Understanding Decree 144 2026 ND CP: Changes to Vietnamese VAT regulations - ECOVIS International
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Understanding Decree 144 2026 ND CP: Changes to Vietnamese VAT regulations

The Vietnamese government has amended a number of articles of the Value Added Tax (VAT) Law. The new regulations concern tax-exempt items, conditions for input VAT deduction, and cashless payments. Experts from ECOVIS AFA VIETNAM (Da Nang City, Vietnam) explain the amendments set out in Decree 144, which officially came into force on 20 June 2026.
Tracking technologies in the digital age: A new wave of website tracking litigation - ECOVIS International
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Tracking technologies in the digital age: A new wave of website tracking litigation

In the United States, there is a growing number of legal disputes surrounding website tracking. Consequently, California lawmakers are currently assessing the extent to which the outdated and broadly worded California Invasion of Privacy Act (CIPA) requires modernisation.
Poland transfer pricing regulations: Draft amendment for regulatory compliance published - ECOVIS International
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Poland transfer pricing regulations: Draft amendment for regulatory compliance published

The Polish Ministry of Finance has published a draft of amendments to transfer pricing regulations in Poland which, among other things, are designed to modify transfer pricing reporting. The most significant change concerns the procedure for submitting a declaration of marketability of transactions.
Corporate income tax Vietnam: Three-year exemption for newly established SMEs - ECOVIS International
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Corporate income tax Vietnam: Three-year exemption for newly established SMEs

Small and medium-sized enterprises (SMEs) in Vietnam that are registering for the first time may be eligible for a three-year exemption from corporate income tax (CIT) under certain conditions. With this initiative, the government aims to promote entrepreneurship and support private sector growth. Ecovis consultants provide detailed information on the specific requirements that SMEs must meet.
R&D tax credits in UAE: What international businesses need to know - ECOVIS International
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R&D tax credits in UAE: What international businesses need to know

The UAE has introduced its first expenditure-based R&D tax incentive, allowing businesses to claim credits of up to 50% on qualifying research and development spend. The regime takes effect for tax periods commencing on or after 1 January 2026. The Ecovis experts explain the key provisions and what businesses should do now.
Agriculture data analysis in Portugal: Opportunities, risks and contractual challenges of AgriTech - ECOVIS International
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Agriculture data analysis in Portugal: Opportunities, risks and contractual challenges of AgriTech

Agriculture is evolving into a data-driven industry – for instance, through the use of drones, soil sensors, or networked machinery. Data analysis in agriculture (the AgriTech ecosystem) creates enormous opportunities for efficiency and sustainability, but also raises demanding legal questions: who owns and can reuse the data, how AI systems are regulated and assessed in terms of risk, and who is liable when something goes wrong. The Ecovis experts provide answers.
JPL_CIT: Extended deadline for submitting accounting and tax return data in Poland - ECOVIS International
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JPL_CIT: Extended deadline for submitting accounting and tax return data in Poland

Between 1 January 2025 and 2027, companies are gradually being required to report detailed financial data in a standardised electronic format, the JPK_CIT. The deadlines for submitting the JPK_CIT report have now been extended. Ecovis experts explain the implications for affected companies.
European technology investment in Vietnam: 2026 signals a new strategic phase - ECOVIS International
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European technology investment in Vietnam: 2026 signals a new strategic phase

Vietnam is changing its investment policy. Instead of focusing on quantitatively oriented foreign direct investment, the country is now concentrating on qualitatively oriented strategic investments. Ecovis experts explain and comment on how regulatory authorities assess investments and how European companies can successfully enter the Vietnamese market.
EU public Country-by-Country Reporting (CbCR): A new era - ECOVIS International
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EU public Country-by-Country Reporting (CbCR): A new era

The European Union has launched a groundbreaking transparency initiative aimed at combating tax avoidance and aggressive tax planning and fostering fair competition. The implementation of EU Directive (EU) 2021/2101 has introduced public Country-by-Country Reporting (pCbCR). Ecovis advisors explain the details.
Transfer pricing Peru: Audits are becoming increasingly intensive and technology driven - ECOVIS International
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Transfer pricing Peru: Audits are becoming increasingly intensive and technology driven

The Peruvian tax authority SUNAT is conducting increasingly intensive and technology-driven audits of transfer pricing. It is focusing more on the quality of supporting documents, the economic consistency of internal company policies, and the traceability of each individual transaction. Ecovis experts explain this development, which is also evidenced by rulings of the Tribunal Fiscal (tax court).
Shareholder agreements in China: Why unanimous consent alone doesn’t bind the company - ECOVIS International
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Shareholder agreements in China: Why unanimous consent alone doesn’t bind the company

China has revised and tightened its Company Law. This also includes shareholder agreements in China. Consequently, unanimous shareholder consent will no longer automatically be binding on the company. This entails significant legal and economic consequences, as the advisors at Ecovis are well aware.
DAC8: Luxembourg adopts EU Directive regarding the reporting obligation for crypto assets and crypto reporting - ECOVIS International
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DAC8: Luxembourg adopts EU Directive regarding the reporting obligation for crypto assets and crypto reporting

Luxembourg has adopted the law implementing the EU DAC8 Directive (Directive on Administrative Cooperation), introducing mandatory tax reporting obligations for crypto-assets. The bill (no. 8592) is part of the EU-wide effort to increase tax transparency in the digital economy.
Tax arrears: What China’s new measures mean for businesses - ECOVIS International
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Tax arrears: What China’s new measures mean for businesses

As of 1 March 2026, China has introduced new “Measures for the Disclosure of Tax Arrears”, aiming to establish a more transparent and standardised system. Experts from Ecovis explain the five key aspects of the regulation.
EU customs duty: Introduction of customs duties on low-value parcels - ECOVIS International
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EU customs duty: Introduction of customs duties on low-value parcels

The European Union is establishing a new framework for small parcels in online retail: From July 2026, a flat-rate customs fee of EUR 3 per shipment is to be levied on parcels with a value of goods under EUR 150. The aim is to create a more balanced competitive environment between EU suppliers and platforms or suppliers based outside the Union. Ecovis experts explain the details, based on information from the European Commission.
ESG Streamlining: EU Council Approves New Rules for Sustainability Reporting and Due Diligence - ECOVIS International
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ESG Streamlining: EU Council Approves New Rules for Sustainability Reporting and Due Diligence

The Council of the European Union has approved new rules to make it easier for companies to report on sustainability and follow due diligence requirements. These changes are part of a wider plan to make the EU economy more competitive. The reform updates two main laws, the Corporate Sustainability Reporting Directive and the Corporate Sustainability […]
Technology contracts China: Registration rules updates for 2026 - ECOVIS International
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Technology contracts China: Registration rules updates for 2026

China is updating the regulatory framework governing technology contract registration. The new measures issued by the Ministry of Industry and Information Technology will take effect on 1 March 2026 and aim to improve oversight of technology transactions while supporting the country’s broader innovation policy. Ecovis experts know how companies can benefit from the tax incentives provided for this purpose.
E-Invoicing in France, Germany, and Italy - ECOVIS International
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E-Invoicing in France, Germany, and Italy

The generalisation of electronic invoicing within the European Union forms part of the VAT in the Digital Age (ViDA) initiative, aimed at strengthening transaction traceability and reducing VAT fraud. The Ecovis experts present the different e-invoicing systems in France, Germany and Italy.
Company names in China: New rules apply - ECOVIS International
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Company names in China: New rules apply

China has recently revised its regulations on company names. The new circular introduces updated requirements on the structure and composition of company names, alongside separate rules on filing procedures and name comparison. The Ecovis experts explain the essential naming requirements.
Compliance with AI regulations in the workplace: Board level responsibility - ECOVIS International
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Compliance with AI regulations in the workplace: Board level responsibility

The use of artificial intelligence in companies is commonplace, for example when HR departments check resumes. However, they must observe data protection regulations and check whether they are subject to compliance obligations. The Ecovis experts show what needs to be considered at board level for legally compliant use.
Carried Interest Luxembourg: Using modernised rules win over fund managers - ECOVIS International
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Carried Interest Luxembourg: Using modernised rules win over fund managers

Luxembourg is reforming the tax treatment of carried interest for alternative investment fund managers (AIFMs). The aim is to increase Luxembourg’s attractiveness as a financial centre. Fund managers are being encouraged to locate not only their funds but also their decision-making and management teams in Luxembourg. The regulation will apply from the 2026 tax year onwards, following publication of the law in the Luxembourg Official Gazette.
Foreign investment screening in the Netherlands: Mergers and acquisitions are also affected by the regulations - ECOVIS International
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Foreign investment screening in the Netherlands: Mergers and acquisitions are also affected by the regulations

Against the backdrop of a changing global landscape, the Netherlands already adopted the Screening of Investments, Mergers and Acquisitions Act in 2023. The act is based on the European FDI (Foreign Direct Investment) Screening Regulation. The Ecovis lawyers explain the implications of the law.
Tax on intangibles in Peru: Correct tax treatment is a critical issue - ECOVIS International
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Tax on intangibles in Peru: Correct tax treatment is a critical issue

Administrative and judicial interpretations by the Peruvian tax authorities and fiscal courts have underlined the importance of correctly identifying, valuing, and amortising intangible assets for corporate income tax (CIT) purposes. For companies, this represents a crucial issue as the upcoming fiscal year draws to a close. The Ecovis experts explain the current SUNAT criteria.
Public procurement Portugal: AI support in decision-making - ECOVIS International
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Public procurement Portugal: AI support in decision-making

The use of AI presents demanding risks and challenges in legal and administrative relations. However, given its potential, it also represents a significant opportunity, especially in public procurement, when properly governed. The Ecovis consultants explain the advantages, challenges and opportunities that AI offers in the awarding of public contracts.
UAE e-invoicing becomes mandatory: What international businesses need to know - ECOVIS International
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UAE e-invoicing becomes mandatory: What international businesses need to know

The UAE is set to roll out mandatory electronic invoicing from 2027, marking the most significant change to its tax compliance framework since VAT was introduced in 2018. For international businesses with operations, investments, or trading partners in the UAE, the implications are substantial. The Ecovis consultants explain how companies should prepare themselves.
Online advertising Vietnam: Platform regulation - ECOVIS International
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Online advertising Vietnam: Platform regulation

Vietnam has expanded its regulation of online advertising platforms. The measures include enforcement mechanisms to prevent illegal online advertising. The Ecovis consultants explain the regulations, which came into force on 15 February 2026.
How to Invest in Vietnam: A Strategic Guide for European Technology Firms - ECOVIS International
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How to Invest in Vietnam: A Strategic Guide for European Technology Firms

European technology investment in Vietnam is entering a pivotal new stage, marked by a shift from quantity‑driven FDI to carefully screened, quality‑focused strategic investment. The experts at ECOVIS Vietnam Law provide a practical outline of how European tech firms can navigate this transition and align with Vietnam’s evolving regulatory expectations.
Trademark Counterfeiting: China Introduces Clear Rules for Service Trademark Misuse - ECOVIS International
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Trademark Counterfeiting: China Introduces Clear Rules for Service Trademark Misuse

An important development in China’s trademark enforcement landscape is the recent clarification of the criminal liability threshold for counterfeiting service trademarks. The Ecovis Experts from Shanghai K-insight Law Firm illustrate this shift with a representative case where the unauthorized use of registered service marks – including well‑known trademarks – resulted in significant legal consequences.
Malaysia IPO Market: Challenges, Success Factors and the 2026 Outlook - ECOVIS International
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Malaysia IPO Market: Challenges, Success Factors and the 2026 Outlook

Initial Public Offerings (IPOs) remain central to Malaysia’s capital markets, enabling companies to raise expansion capital while supporting sector development and investor participation. Over the past 12 months, ECOVIS Malaysia supported six listings, representing 10% of IPOs on Bursa Malaysia. In this article, the firm examines recent challenges, key success factors and the outlook for 2026.
Business Households in Vietnam: New 2026 Tax Regulations - ECOVIS International
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Business Households in Vietnam: New 2026 Tax Regulations

There are currently over 5.2 million business households in Vietnam. In 2024, the total state budget revenue from this group was estimated at approximately VND 26,000 billion. From 2026 onwards, business households will switch from paying taxes using the lump-sum method to paying via the declaration method. Many new tax regulations will also apply to business households.
Asia Business Consulting – Supporting International Business: Meet Christine Chou - ECOVIS International
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Asia Business Consulting – Supporting International Business: Meet Christine Chou

As in-bound and out-bound business activity across the Asia Pacific (APAC) region continues to expand, companies are increasingly seeking support with APAC foreign investment, international expansion, company set up and regulatory compliance. Christine Chou works with Ecovis member firms to assist clients operating across multiple markets.
EU-Mercosur Trade Agreement (EMPA) - ECOVIS International
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EU-Mercosur Trade Agreement (EMPA)

The newly signed EU-Mercosur Trade Agreement represents a major milestone in transatlantic commerce. The European Commission estimates that EU exports to the Mercosur bloc (Argentina, Brazil, Paraguay and Uruguay)could rise by up to €50 billion by 2040, while companies may realize annual customs tariff savings of around €4 billion per year once tariff reductions are fully implemented. The treaty will create one of the largest free-trade zones globally, covering a market of approximately 700 million consumers and offering strategic diversification beyond entrenched US–China trade routes.
Patent Infringement: China Strengthens Criminal Protection Regarding Intellectual Property - ECOVIS International
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Patent Infringement: China Strengthens Criminal Protection Regarding Intellectual Property

China has strengthened patent protection by lowering the threshold for criminal liability in patent counterfeiting cases, clarifying what constitutes counterfeiting and setting practical, measurable standards. The Ecovis Experts from Shanghai K‑Insight Law Firm explain how these changes reflect China’s growing commitment to robust IP enforcement.
Online Advertising Platforms Vietnam: New Regulations for Market Entry - ECOVIS International
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Online Advertising Platforms Vietnam: New Regulations for Market Entry

Vietnam’s new decree marks a significant shift in the regulation of online advertising, introducing strict 24-hour takedown requirements and enhanced enforcement powers. The experts at ECOVIS Vietnam Law outline the key changes and what international platforms need to consider when operating in the Vietnamese market.
UAE Golden Visa: 10-year visa programme - ECOVIS International
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UAE Golden Visa: 10-year visa programme

The United Arab Emirates (UAE) Golden Visa is a relevant option for foreigners such as investors, entrepreneurs, or professionals seeking a long-term stay in the UAE. The Ecovis advisors explain who is eligible for the 10-year visa programme and what interested parties need to know and consider.
Vietnam VAT law: Changes for businesses and individuals - ECOVIS International
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Vietnam VAT law: Changes for businesses and individuals

The Vietnamese government has amended the value added tax (VAT) law. Individual businesses and households can benefit from these changes. The Ecovis experts explain the amendments, which came into effect on 1 January 2026.
Shareholder disputes in Germany: Legal boundaries, cost risks and governance duties - ECOVIS International
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Shareholder disputes in Germany: Legal boundaries, cost risks and governance duties

Increasing globalisation, foreign investors and cross-border holding structures have fundamentally changed the nature of corporate conflicts. Nowadays, disputes often involve parties from different jurisdictions with different legal traditions, governance expectations and strategic interests. For directors, this development entails considerable legal, financial and governance-related risks.
Madeira Free Trade Zone: Tax advantages guaranteed until 2033 - ECOVIS International
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Madeira Free Trade Zone: Tax advantages guaranteed until 2033

International companies investing in the Madeira Free Trade Zone can now benefit from tax advantages until 2033, instead of 2028. The Ecovis consultants explain the rules.
Corporate income tax rates on banks in Poland: Changes also for certain financial institutions - ECOVIS International
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Corporate income tax rates on banks in Poland: Changes also for certain financial institutions

Changes to tax regulations in Poland that came into force on 1 January 2026 will affect banks and certain financial institutions. The Ecovis experts present the changes to corporate tax rates.
Ecovis is now represented in Oman - ECOVIS International
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Ecovis is now represented in Oman

Ecovis welcomes its new partners from ECOVIS Oman Advisory headquartered at the strategic location of 18th November Street, Azaiba, Muscat.
Fiscal year-end closing Peru: The importance of proper tax returns for companies - ECOVIS International
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Fiscal year-end closing Peru: The importance of proper tax returns for companies

Peruvian companies face a crucial phase in their tax compliance cycle: the end of the tax year (fiscal year-end closing). More than just an accounting exercise, a properly executed tax closing is a strategic process that directly impacts tax exposure, audit risk, cash flow, and future tax positions.
Ecovis is strengthening its presence in Pakistan - ECOVIS International
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Ecovis is strengthening its presence in Pakistan

Ecovis welcomes its new partners from ECOVIS KRW Chartered Accountants headquartered in Islamabad, with additional offices in Peshawar and Lahore.
Single family office Malaysia - ECOVIS International
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Single family office Malaysia

The Malaysian government has recently introduced a single family office incentive scheme to attract high net worth families and strengthen the local wealth management ecosystem. Under the scheme, a family may establish a single family office vehicle in the Forest City Special Financial Zone, Johor, and enjoy various tax incentives and benefits. The Ecovis experts explain how companies can use this new facility in Malaysia.
Dual citizenship in Vietnam: Which rules apply to entry and (permanent) residence - ECOVIS International
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Dual citizenship in Vietnam: Which rules apply to entry and (permanent) residence

As Vietnam becomes an increasingly attractive destination for return migration, education, and investment, many overseas Vietnamese (Việt Kiều) and international families are choosing to live or spend extended time in Vietnam. However, having dual citizenship – particularly for children – can lead to unexpected legal complications at the border and during residence.
Cybersecurity law China: Revision takes effect in 2026 with impact on compliance - ECOVIS International
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Cybersecurity law China: Revision takes effect in 2026 with impact on compliance

The revised cybersecurity law of the People’s Republic of China took effect on 1 January 2026. The Ecovis experts explain the key changes and their impact on compliance.
Intellectual Property Infringement China: New Judicial Interpretation - ECOVIS International
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Intellectual Property Infringement China: New Judicial Interpretation

Intellectual Property Infringement continues to be a key focus of legislative and judicial reform in China. Recent interpretations issued jointly by the Supreme People’s Court (SPC) and the Supreme People’s Procuratorate (SPP) provide clearer guidance on how IP infringement cases are to be assessed and prosecuted. The experts at Shanghai K-Insight Law Firm have prepared this overview to highlight the key developments.
Setting Up a Company In Australia: A BioPharma Success Story - ECOVIS International
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Setting Up a Company In Australia: A BioPharma Success Story

David Conley, Partner at ECOVIS Clark Jacobs in Australia, was approached by a US-based biopharma company developing a new pregnancy drug. To progress their product through clinical trials, they chose Australia for its world-class facilities, strong research reputation and robust regulatory framework. The client needed assistance establishing a local presence that met operational and compliance requirements. 
E-Invoicing Spain: New regulations for invoicing from 2027 - ECOVIS International
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E-Invoicing Spain: New regulations for invoicing from 2027

Spain has taken another step towards tax digitalisation with the VERI*FACTU system. Companies subject to corporate income tax must implement the new rules from 1 January 2027; for freelancers and small businesses, e-invoicing will be mandatory from 1 July 2027. The Ecovis experts explain the details.
Enterprise accounting regime Vietnam: Circular No. 99/2025/TT-BTC for businesses - ECOVIS International
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Enterprise accounting regime Vietnam: Circular No. 99/2025/TT-BTC for businesses

The Vietnamese Ministry of Finance issued new regulations for business accounting on 27 October 2025. These replace the previous version from 2014. The Ecovis experts explain what needs to be considered from 1 January 2026.
Personal Income Tax Deduction in Vietnam: An Increase in 2026 - ECOVIS International
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Personal Income Tax Deduction in Vietnam: An Increase in 2026

Vietnam is introducing updated personal income tax deductions to better reflect current living costs and support taxpayers. The experts from ECOVIS AFA Vietnam provide an overview of the key changes and their implications for individuals and families.
UAE CEPA 2025: Advancing global trade through expansion - ECOVIS International
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UAE CEPA 2025: Advancing global trade through expansion

In 2025, the UAE’s expansion of Comprehensive Economic Partnership Agreements (CEPAs) marks a major step in its drive for economic diversification and global trade growth. The CEPA framework goes beyond traditional free-trade deals, fostering deeper market integration, regulatory alignment, and investment cooperation.
Revisions to the Anti-Unfair Competition Law in China: Key Updates - ECOVIS International
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Revisions to the Anti-Unfair Competition Law in China: Key Updates

The newly revised Anti-Unfair Competition Law in China came into effect on 15 October 2025. In this article, Shanghai K-Insight Law Firm provides an overview of the latest changes and highlights what businesses should be aware of when navigating compliance requirements under the updated legal framework.
Taxes in Peru: Expired tax periods and SUNAT’s power to adjust - ECOVIS International
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Taxes in Peru: Expired tax periods and SUNAT’s power to adjust

The Peruvian Supreme Court has ruled that the National Superintendence of Customs and Tax Administration (SUNAT) cannot issue or modify tax determinations for fiscal years already barred by the statute of limitations, even if those resolutions show zero debt or are intended only to recalculate losses or carry-forwards that affect later years. Ecovis explains the verdict.
Corporate governance Netherlands: Annual obligations for Dutch legal entities - ECOVIS International
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Corporate governance Netherlands: Annual obligations for Dutch legal entities

Every year, companies must comply with certain obligations to meet the requirements of the Dutch Civil Code (DCC). These obligations, for example annual financial statements or general meetings, ensure that companies’ information remains transparent and that they can implement good corporate governance. The Ecovis consultants explain the details of these commitments.
Malaysia budget 2026: The people’s budget - ECOVIS International
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Malaysia budget 2026: The people’s budget

The 2026 Malaysian budget sets another spending record with a total allocation of MYR 470 billion (MYR 1,000 = approximately USD 238). The budget aims to further strengthen fiscal discipline, sustain growth, and increase living standards, while at the same time attempting to narrow the fiscal deficit to 3.5% of GDP. Ecovis provides an overview of the measures.
Starting a Business in Japan?: Meet Akiyoshi Akasaki, Your Local Expert - ECOVIS International
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Starting a Business in Japan?: Meet Akiyoshi Akasaki, Your Local Expert

Starting a business in Japan can seem complicated, especially for foreign investors. Akiyoshi Akasaki, Managing Partner of ECOVIS AKIA Tax Consultants in Yokohama, Japan, has built his career around helping foreign-affiliated companies and multinational clients navigate Japan’s complex tax and business landscape.
Fiscalization in Croatia: A guide to the new system - ECOVIS International
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Fiscalization in Croatia: A guide to the new system

The new fiscalization system in Croatia entails a series of legal and technical measures for controlling and monitoring transactions with end consumers, such as issuing a tax receipt (or its electronic equivalent) which must be transmitted to the Croatian tax authorities in real time. The law comes into effect on 1 January 2026, with further provisions following on 1 January 2027.
Statutory Audit in Spain: Which companies must comply with regulations and thresholds - ECOVIS International
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Statutory Audit in Spain: Which companies must comply with regulations and thresholds

Every year, many growing companies in Spain ask themselves whether they need to have their annual accounts audited. Ecovis experts explain when an audit is mandatory to avoid penalties, registration problems, or reputational risks.
China’s 15th Five-Year Plan and its implications for foreign businesses - ECOVIS International
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China’s 15th Five-Year Plan and its implications for foreign businesses

China has adopted its recommendations for the development of the 15th Five-Year Plan for Economic and Social Development. The new plan, covering the period 2026–2030, outlines how China intends to drive growth, deepen reforms, and promote green and digital transformation over the next five years. For foreign companies, the plan presents a mix of opportunities and challenges. The Ecovis consultants explain.
Health check Vietnam: Opportunity for MedTech and private healthcare investors - ECOVIS International
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Health check Vietnam: Opportunity for MedTech and private healthcare investors

Vietnam will launch a nationwide preventive healthcare programme in 2026, providing free annual check-ups for all citizens. This reform marks a shift towards disease prevention and creates both opportunities and regulatory challenges for international healthcare stakeholders.
Home office Poland: Not a permanent establishment of a foreign company - ECOVIS International
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Home office Poland: Not a permanent establishment of a foreign company

Foreign companies employing remote workers in Poland do not establish a permanent establishment through their home offices. This means that these companies do not have to pay taxes in Poland on income from this source. This is the result of a verdict by the Polish Supreme Administrative Court. The Ecovis experts comment on the ruling of 28 October 2025 (Case no. II FSK 163/23).
Cash flow challenges: How to manage liquidity in an economic downturn - ECOVIS International
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Cash flow challenges: How to manage liquidity in an economic downturn

Companies that actively manage their cash flow lay the foundation for resilience rather than collapse. Often, the greatest threat to a business is not profitability but a lack of liquidity. The Ecovis consultants explain why.
Arbitration law China: An update and what it means for German business - ECOVIS International
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Arbitration law China: An update and what it means for German business

China’s reformed arbitration law will enter into force on 1 March 2026. Many of the changes codify existing practice (e.g., foreign arbitrators, online proceedings). Although German companies do not need to amend existing clauses, the reform offers both opportunities and risks. Companies should familiarise themselves with the advantages and disadvantages of the new regulations now.
General corruption prevention regime Portugal: Obligations for companies - ECOVIS International
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General corruption prevention regime Portugal: Obligations for companies

Certain companies in Portugal must fulfil new anti-corruption obligations. This includes adopting a compliance programme or appointing a compliance officer. Failure to comply with these requirements could result in fines. The Ecovis experts explain the details.
Vietnam to implement Global Minimum Tax: Guidelines for the implementation of Decree 236 - ECOVIS International
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Vietnam to implement Global Minimum Tax: Guidelines for the implementation of Decree 236

Vietnam has introduced Decree 236 to implement Global Minimum Tax (GMT) in accordance with the OECD’s Pillar Two/GloBE framework, thus joining international tax reform efforts. The decree requires large multinational enterprise groups (MNEs) to pay a minimum tax rate on profits earned in Vietnam. It has taken effect on 15 October 2025.
Incorporating the Weinstein warranty: How companies can reduce #MeToo risks in M&A - ECOVIS International
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Incorporating the Weinstein warranty: How companies can reduce #MeToo risks in M&A

Before an M&A transaction, companies should also consider, as part of their due diligence process, how #MeToo risks can be reduced through enhanced due diligence and risk diversification guarantees, the extent to which management is reliable, and that operations will not be compromised by (sexually) inappropriate behaviour. A ruling in the Netherlands provides clarity. Ecovis explains.
Yacht registration Malta: Leading with digital certificates - ECOVIS International
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Yacht registration Malta: Leading with digital certificates

Since 1 June 2025, owners of yachts have benefited from secure, digitally issued certificates, delivered directly in PDF format, for both new registrations and renewals. With this change, Malta is once again demonstrating its outstanding position in the maritime sector. The Ecovis experts know what deadlines apply to paper-based documents and how the certificates are protected against tampering.
Employer of record services in Germany: Legal and tax rules for personnel deployment - ECOVIS International
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Employer of record services in Germany: Legal and tax rules for personnel deployment

If companies want to hire skilled workers abroad, they can use the employer of record (EOR) model. This allows them to employ skilled workers abroad without having to be registered as an employer in the respective country. Furthermore, the EOR assumes all administrative and legal obligations related to the employment. The Ecovis experts explain how the EOR model works in practice.

Tax deductible costs Poland: Changes in tax cost limits for passenger cars - ECOVIS International
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Tax deductible costs Poland: Changes in tax cost limits for passenger cars

On 1 January 2026, the current limits relating to expenses associated with the use of passenger cars in business activities, which are classified as tax-deductible costs, will be replaced. The new limits will depend on the level of carbon dioxide (CO2) emissions. The Ecovis experts explain the impact of the new regulations on operating costs.
Permanent establishment in Germany: New case law on international permanent establishments - ECOVIS International
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Permanent establishment in Germany: New case law on international permanent establishments

If a foreign company maintains a permanent establishment in Germany, tax obligations may arise. German regulations and double taxation agreements must be taken into account, as well as whether a “permanent establishment” exists. The Ecovis experts explain the latest rulings of the German Federal Fiscal Court (FFC).
Foreign income tax in the UK: The new tax regime - ECOVIS International
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Foreign income tax in the UK: The new tax regime

In the United Kingdom, as of 6 April 2025, a new tax system for the taxation of foreign income and gains (FIG) has applied to individuals who return to the country after a long period of non-residence. It replaces the remittance basis and removes the concept of domicile from UK taxation.
Annual corporate obligations in Spain: Key requirements for companies - ECOVIS International
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Annual corporate obligations in Spain: Key requirements for companies

Spanish companies must fulfil a variety of obligations under the Capital Companies Act. The Ecovis consultants explain these in detail.

ATO Tax Changes: Four Developments To Watch 2025/26 - ECOVIS International
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ATO Tax Changes: Four Developments To Watch 2025/26

Taxpayers are navigating a shifting landscape this financial year as the Australian Tax Office tightens its approach, and new reforms and legal challenges gather momentum.  The Ecovis experts from ECOVIS Clark Jacobs outline four matters to keep on the radar.
Paying in Vietnam: Government calls for greater promotion of cashless payments - ECOVIS International
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Paying in Vietnam: Government calls for greater promotion of cashless payments

Vietnam is promoting cashless payments. The relevant authorities must therefore implement measures to promote cashless transactions, improve governance and advisory services, and conduct comprehensive communication campaigns. The Ecovis experts explain the details.
Setting Up a WFOE in China: 10 Mistakes to Avoid - ECOVIS International
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Setting Up a WFOE in China: 10 Mistakes to Avoid

Establishing a WFOE (Wholly Foreign-Owned Enterprise) in China can seem straightforward, but hidden pitfalls often surface after the process is underway. The Ecovis Experts from ECOVIS Ruide outline the most common mistakes investors make, and how to avoid them.
Buying a business in USA as a foreigner: Key considerations - ECOVIS International
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Buying a business in USA as a foreigner: Key considerations

As the business world wrestles with economic and regulatory challenges and uncertainty, non-US companies may be considering whether now is an opportune time to enter the US market through an acquisition of a business operating in the USA. Companies willing to make a purchase should therefore consider a few things in advance.
India GST Reform: A Major Overhaul of Indirect Taxes - ECOVIS International
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India GST Reform: A Major Overhaul of Indirect Taxes

India’s tax landscape is being revolutionised through major reforms to GST rates, aimed at creating a simpler and more efficient system of indirect taxation. The Ecovis Experts examine the scope and impact of these reforms.
Pension insurance Germany: Crediting of claims from abroad - ECOVIS International
Newsletter

Pension insurance Germany: Crediting of claims from abroad

If people have worked in several countries, it is quite possible to receive pension benefits from each of those countries. The eligibility requirements are based on the respective national laws. The Ecovis experts explain exactly what applies.
Vietnam Work Permit : New Regulations for Foreign Workers - ECOVIS International
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Vietnam Work Permit : New Regulations for Foreign Workers

Vietnam has issued new regulations that simplify the process for foreign workers to obtain permits, shorten approval timelines, and broaden exemptions for specialists in key sectors. The Ecovis Experts at ECOVIS AFA VIETNAM outline what this means for businesses and foreign workers.
Cambodia Business Advisory: Supporting Business Growth in Cambodia and Beyond - ECOVIS International
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Cambodia Business Advisory: Supporting Business Growth in Cambodia and Beyond

With over 40 years of international experience across the UK, the Middle East, Africa and Southeast Asia, Murray Macmillan combines technical expertise with practical leadership.
Transfer pricing Peru: Higher audit risk for companies without an APA agreement - ECOVIS International
Newsletter

Transfer pricing Peru: Higher audit risk for companies without an APA agreement

Peruvian tax authorities have significantly stepped up their enforcement of transfer pricing (TP), particularly in the scrutiny of intercompany services and related‑party transactions. Where advance pricing agreements (APAs) with SUNAT remain under negotiation or pending approval, companies operating in Peru must exercise heightened vigilance, recommend the Ecovis consultants.
More financing flexibility for entrepreneurs in the Netherlands - ECOVIS International
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More financing flexibility for entrepreneurs in the Netherlands

On 1 July 2025 the law on lifting prohibitions on pledges (Wet opheffing verpandingsverboden) came into effect in the Netherlands, eliminating contractual clauses that prevent the transferability and pledgeability of receivables. The reform is designed to improve access to credit for entrepreneurs and especially for SMEs, giving them broader financing flexibility and options.
Carried interest Luxembourg: Modernising the regime to boost financial competitiveness - ECOVIS International
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Carried interest Luxembourg: Modernising the regime to boost financial competitiveness

On 24 July 2025, the Luxembourg government submitted draft bill no. 8590, proposing significant improvements to the tax regime for profit sharing for the managers of a capital investment at the expense of the investors, or carried interest. The new regulation is scheduled to take effect in 2026. The Ecovis experts explain how companies can benefit from the new rules.
Company law Lithuania: Entering a new era of corporate structures with redeemable shares - ECOVIS International
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Company law Lithuania: Entering a new era of corporate structures with redeemable shares

On 30 June 2025, the Lithuanian Parliament adopted amendments to company law which aim to enable more efficient company management, more flexible forms of raising capital and more modern investment structures. The changes include the introduction of redeemable shares and changes to the board election process. The Ecovis experts explain the new rules.
Capital gains tax Italy: The tax treatment when Italian property is involved - ECOVIS International
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Capital gains tax Italy: The tax treatment when Italian property is involved

Capital gains arising from the disposal of real estate located in Italy, or from the sale of shares in real estate-holding companies, may be subject to taxation in Italy. The Ecovis experts explain the correct tax treatment when an Italian property is involved in such transactions.
GmbH liquidation Germany: How investors safeguard capital - ECOVIS International
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GmbH liquidation Germany: How investors safeguard capital

What happens to an investor’s capital when a GmbH or UG is liquidated in Germany? While these legal forms limit personal liability, they do not automatically protect investors. In the event of insolvency or voluntary dissolution, the risk of a total loss is real. The Ecovis consultants explain how this can be avoided.
Transfer pricing Spain: The tax authorities are tightening the reins - ECOVIS International
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Transfer pricing Spain: The tax authorities are tightening the reins

With a strong focus from the Spanish tax authorities (AEAT) and clear regulatory evolution, multinational groups operating in Spain must now ensure that their transfer pricing documentation and methodologies are not only compliant, but also technically sound and defensible.
Facial recognition in China: What business leaders need to know about the new regulations - ECOVIS International
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Facial recognition in China: What business leaders need to know about the new regulations

Since 1 June 2025, China has been enforcing some of the world’s strictest rules on facial recognition. The new security management measures for the application of facial recognition technology demand tighter controls, clearer consent, and stronger data protection. For companies operating in China, the changes bring both compliance risks and a chance to build trust.
Key Considerations for a Foreign Buyer of a U.S. Business - ECOVIS International
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Key Considerations for a Foreign Buyer of a U.S. Business

As the business world wrestles with economic and regulatory challenges and uncertainty, non-U.S. businesses may be considering whether now is an opportune time to directly enter the U.S. market through an acquisition of a U.S. operating business.
Ecovis is now represented in Uzbekistan - ECOVIS International
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Ecovis is now represented in Uzbekistan

Ecovis welcomes its new partners from ECOVIS Prima Group from Tashkent, Uzbekistan. ECOVIS Prima Group is one of the leading providers of consulting, valuation, auditing, and ISO certification services in Uzbekistan.
Withholding tax refunds: New ruling aims to accelerate procedures for foreign companies in Germany - ECOVIS International
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Withholding tax refunds: New ruling aims to accelerate procedures for foreign companies in Germany

The Federal Fiscal Court (BFH) has ruled that foreign shareholders who are entitled to a refund of withheld capital gains tax on profit distributions are entitled to interest under EU law. This generally applies three months after the application for a refund of the excess capital gains tax is submitted. The Ecovis experts explain more.
Trademark protection China: How companies can protect their brands - ECOVIS International
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Trademark protection China: How companies can protect their brands

Companies seeking to protect their trademarks in China can utilise various administrative and judicial methods. The Ecovis experts explain what needs to be considered.
JPK_CIT: Correctly submitting accounting and tax return data - ECOVIS International
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JPK_CIT: Correctly submitting accounting and tax return data

Since 1 January 2025, certain companies have been required to report detailed financial data in a standardised electronic format, the JPK_CIT. All other companies must also comply with the new reporting requirement by 2027. The Ecovis consultants know exactly what the new rules entail and when they apply to which companies.
Commercial Court NRW: New standards in international business law - ECOVIS International
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Commercial Court NRW: New standards in international business law

On 3 April 2025, the German state of North Rhine-Westphalia launched its new Commercial Court at the Higher Regional Court in Düsseldorf, focusing on business law disputes, such as company mergers, corporate law, construction contracts and insurance claims. The reform offers strategic advantages for companies and legal advisors engaged in cross-border business with the ability to conduct proceedings entirely in English, which is a first for ordinary civil courts in Germany.
Family-owned business in Spain: a hidden treasure for investors and strategic buyers - ECOVIS International
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Family-owned business in Spain: a hidden treasure for investors and strategic buyers

For companies seeking to establish a foothold in Spain or seeking resilient, profitable, and committed partners, family businesses offer fertile ground for long-term value creation. The Ecovis experts understand the opportunities offered by one of the most dynamic M&A markets.
VAT law China: A new era for tax compliance in China - ECOVIS International
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VAT law China: A new era for tax compliance in China

The long-awaited VAT law, which represents a comprehensive modernisation of the Chinese tax system, will come into effect on 1 January 2026. It will align more closely with global standards such as the OECD VAT Guidelines. This will have implications for businesses.
Tax reform Brazil: Alignment with International Standards - ECOVIS International
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Tax reform Brazil: Alignment with International Standards

With the tax reform, the Brazilian government intends to introduce a new tax collection model. It is intended to support fiscal sustainability and alignment with global standards. The new system is scheduled to come into force in 2027. One of the most important changes is the introduction of the split payment model. The Ecovis experts explain what this means.
Payment Extensions for Taxes in Vietnam: Which Deadlines Will Apply in the Future? - ECOVIS International
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Payment Extensions for Taxes in Vietnam: Which Deadlines Will Apply in the Future?

Companies and business individuals and households are being given more time: The Vietnamese government has extended the deadlines for paying value added tax, corporate and personal income tax, and land rent for 2025. The Ecovis consultants know which deadlines now apply.