As the Chinese economy continues its ascent, the pressure to clean up government and commercial corruption intensifies. The 2019 Work Report delivered during the 13thNational People’s Congress, the Chinese Communist Party declared its strong determination to deliver...

Determining a shareholder structure for a wholly foreign owned enterprise (WFOE) in China requires the consideration of both short-term realities and long-term strategies. In this article, we analyze several shareholder structures for WFOEs in China. To make it...

When negotiating sales contracts with clients, terms surrounding the “three flows” have a significant impact on the tax liability and cash flow of your businesses. It’s important to know how these "three flows" work, and the cash flow implications that arise when...