Tag: New policies

A number of new regulations and policies related to the automobile industry will take effect from October, such as abolishing documents regulating the method of determining the localization rate for automobiles and increasing car registration fees.

A number of new socio-economic-related legal policies are set to take effect from September, including new regulations on calculating VAT on real estate transfers, foreign exchange management for bond issuances, and policies on the importation of automobiles for non-commercial purposes.