China Value Added Tax Law
At the very end of 2022, the Chinese government issued some updates to the current Value Added Tax (VAT) tax law, with a brief review period for public comment. Now that we are well into 2023, the review period is closed, and these changes will be officially enacted within the next few months. What does […]
Accounting Automation
Most business owners are taking full advantage of automation capabilities, with advancements in the accounting industry being no exception. From quicker payment processing times to up-to-date accounting reports, tasks that were time consuming and considered complex can now be done in a matter of minutes. Implementing automation technologies alongside your accounting practices can free up […]
Registered Capital in China
It is no longer required to follow a set of specified registered capital limits but it is still important to allocate an ‘appropriate’ amount. Learn more here..
Guangzhou City in China
Guangzhou, as one of China’s major cities, offers a highly favorable environment for foreign companies looking to establish a presence in the region. Its robust infrastructure, strategic location and thriving business ecosystem makes it an attractive location for setting up a business, whether it be a branch office, manufacturing plant or subsidiary operations. The city […]
Free Trade Agreements China
Expanding business operations globally has never been easier than with the opportunities afforded through technology in today’s times. For businesses looking to expand globally, it is vitally important to understand which countries have Free Trade Agreements (FTAs) and how they work. For many businesses, China has become an essential part of their global operation. As […]
Livestream in China
With the COVID-19 pandemic and the resulting lockdowns in China, the livestreaming industry experienced great popularity and offered a way for people to congregate safely. Over the past 5 to 7 years, the livestreaming industry has experienced explosive growth, transforming from a niche platform for gamers and technology enthusiasts to share their favorite hacks and […]
Taxes on Dividends China
China’s Corporate Income Tax Law regulates taxation for both local and foreign-owned companies. Foreign companies are taxed based on their Chinese-source income, and there is a withholding tax for dividends, royalties, and interests. To repatriate dividends from China, companies must follow the Chinese regulations for foreign exchange control. What is Dividend Withholding Tax in China? […]
Business License in China
To obtain a business license in China or if you have any questions about it, get in touch with us or fill in the form at the bottom of the page. Establishing a business in China has, in the past, been difficult for foreign companies due to lengthy and complex bureaucratic processes. However, recent government […]
Tianjin City in China
As China rises as a dominant force in the global economy, more and more investors are pursuing strategic growth opportunities for their business in China. Increasingly over the years, regional cities have emerged in economic growth and output, alongside the major cities of Shanghai, Beijing, Guangzhou and Shenzhen. Tianjin, one of China’s largest cities, is […]
Strong Start for China in 2023: Q1 Shows 4.5% Growth
While China’s growth has been carefully observed over the past few decades, it has been especially placed under the spotlight since the outbreak of the Covid-19 virus in 2020. Following the lifting of pandemic restrictions, the Chinese economy has made a strong start in the 1st quarter, with its GDP expanding by 4.5% year-on-year. This […]
