Home Insights Page 7

Insights

Determining a Suitable Location for Your Business in Mainland China

As rising wages and global trade frictions drive up the cost of manufacturing in China, some investors are revaluating their operations in China’s coastal...

China SMEs Receive Tax Relief in 2021

China SMEs Receive Tax Relief in 2021In 2020, the Chinese government initiated various aid measures and tax relief for companies in order to reduce...

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...