Month: February 2020

China business (UPDATED 24 Feb): to combat the coronavirus and head off economic insecurities, government takes action by implementing supportive financial and tax measures for businesses

Horizons will continue to update important business news and information related to the coronavirus epidemic. 5 Months Reduction on Employee Medical Insurance Premium The China Ministry of Finance, National Medical Insurance Bureau and Tax Bureau jointly announced the Guiding Opinions on the Periodic Reduction of Basic Employee Medical Insurance Premium (“Guiding Opinions”) measure on 21 February 2020.…

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China business (UPDATED 19 Feb.): to combat the coronavirus and head off economic insecurities, government takes action by implementing supportive financial and tax measures for businesses

An updated version of this post appears here. Further nationwide measures to support businesses in China have been announced At the 18 February State Council of the People's Republic of China executive meeting chaired by Premier Li Keqiang, the council announced policies that included a reduction in social insurance premiums and a deferment in payment…

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Schengen Area visa changes go into effect: frequent travellers can receive long term Schengen visa for up to 5 years

Effective from 2 February, Schengen Area (also called Schengen zone) visa applicants making an application are subject to the Schengen Visa Code amendments adopted by the Council of the European Union in June 2019. The amendments establish clearer provisions for multiple entry travellers and support up to five years of validity dependent on an applicant’s…

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