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China Allows Companies to Apply for Dormant Status

Small-scale enterprises in China have been negatively impacted since the beginning of the COVID-19 pandemic and still are today. Trying to stay afloat by...

China’s New VAT Regulations Are Good News for SMEs

SMEs in China are in for some good news in regards to the new VAT regulations, although it might complicate accounting and administration matters...

China Free Trade Zones – Where to establish your business in China

Its essential to understand the differences between a Free Trade Zone (FTZ) and a Non-Free Trade Zone when you are setting up a business...

China Permanent Residence Application & Tax Implications for Foreigners

Foreigners working in China can apply for a Foreigner Permanent Residence ID card if they wish to enjoy prolonged periods living and working in...

How to Verify Suppliers in China?

Verifying Chinese companies and suppliers can be a long and daunting process if this is your first time dealing with this issue. The recommended...

How to Repair Tax Credit for Companies in China?

The State of Taxation (SAT) in China made an announcement on 1 January 2022 on several issues relating to Tax Credit Evaluation and Repair....

China Tax Incentives for Small Businesses

China is taking a proactive stance to protect and encourage small and micro-level businesses in China with tax incentives to ease financial burdens coming...

Converting Chinese Accounting Standards to US GAAP

All Foreign Invested Enterprises and WFOE companies in China need to follow all statutory annual audit and compliance processes, as stated by the PRC...

Chinese Accounting Standards Guide for Foreign Investors

It's only natural that China has a host of different considerations that simply do not exist in other nations across the world. So, it?s...

PU Letter Update: Exemptions for Z- Work Visa Applications

As of 6 June 2022 foreign travelers to China for business or work will no longer have to apply for a PU letter to...

China Allows Companies to Apply for Dormant Status

Small-scale enterprises in China have been negatively impacted since the beginning of the COVID-19 pandemic and still are today. Trying to stay afloat by...

China’s New VAT Regulations Are Good News for SMEs

SMEs in China are in for some good news in regards to the new VAT regulations, although it might complicate accounting and administration matters...

China Free Trade Zones – Where to establish your business in China

Its essential to understand the differences between a Free Trade Zone (FTZ) and a Non-Free Trade Zone when you are setting up a business...

China Permanent Residence Application & Tax Implications for Foreigners

Foreigners working in China can apply for a Foreigner Permanent Residence ID card if they wish to enjoy prolonged periods living and working in...

How to Verify Suppliers in China?

Verifying Chinese companies and suppliers can be a long and daunting process if this is your first time dealing with this issue. The recommended...