China Quarterly Economic Data Q4 2023
As reported by Chinese Premier Li Qiang during the World Economic Forum, China’s economy demonstrated robust growth, surpassing the government’s initial target of 5% and achieving a notable 5.2% expansion. The growth rate not only exceeded the economic performance in 2022, where the economy only achieved a modest growth rate of 2.9%, primarily due to […]
Considerations for Businesses in China in 2024
China’s economy has been a cause of significant speculation throughout the latter half of 2023, marked by a decline in FDI but still able to achieve a strong 5.2% GDP growth. Experts seem uncertain whether it is a good time to invest in China or not, however the prevailing narrative may not entirely reflect what […]
Articles of Association for Companies in China
Setting up a company in China involves navigating various legal processes and requirements, and one critical document in this process is the Articles of Association (AoA). The AoA serves as the framework and foundation upon which a company operates and is a vital element for any business entity in China. There are specific requirements that […]
Open Letter from our Managing Partner
Dear Clients, Partners and Friends, As we step into this new chapter of 2024, I find myself reflecting on the extraordinary journey we have experienced over the past year. In a year that has tested the resilience of businesses operating in China and other parts of the Asia Pacific Region, I am profoundly grateful for […]
Tax Filing Deadlines in China for 2024
The State Taxation Administration made an announcement on the 21st of December 2023, regarding the tax filing and payment deadlines for companies in 2024. In order to remain compliant, companies must ensure that the filings are made correctly and on time, especially to avoid any penalties that may arise. General information on tax filing in […]
Doing Business in Hangzhou
Found at the heart of China, Hangzhou stands out as a hub for technology and digital infrastructure. With its affluent population and strategic location on the Grand Canal of China, Hangzhou has long been considered an excellent opportunity for foreign investors seeking to harness the growth of a Chinese domestic economy. Recent contributions to Hangzhou’s […]
Company Chops in China
Within China you need to use the official company chop to validate documents and operate a business. This article summarizes all you need to know about chops.
China New Visa Policy
On November 24, 2023, the Ministry of Foreign Affairs announced a trial initiative to facilitate increased travel in China by extending unilateral visa-free entry from December 1, 2023, to November 30, 2024 (view official source). This policy is effective for citizens holding ordinary passports from France, Germany, Italy, the Netherlands, Spain, and Malaysia. On March […]
China’s Biggest Companies
In recent decades, China’s economic growth has transcended national boundaries, leaving a lasting imprint on the global stage. The substantial expansion of major Chinese corporations has played a pivotal role in reshaping the worldwide economic landscape, positioning China as a significant player across various industries. Their increasing influence is evident through key contributions to international […]
Regulatory Bodies in China
The business landscape in China is constantly evolving, offering substantial opportunities for foreign enterprises. With its expansive consumer base, growing middle class, and thriving industries, China remains a prime destination for international businesses seeking growth. However, to thrive in this complex and highly regulated market, foreign enterprises must develop a deep understanding of the essential […]
