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China Eases Access for Foreign Investment in Service Sectors
On July 11, China has implemented regulatory adjustments in major cities to further open up the service sector and attract foreign investment.
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China Eases Access for Foreign Investment in Service Sectors
These changes are part of a larger strategy to enhance the service industry's competitiveness and attract investments from both...
Guide to Setting Up a Company in China: 2024 Edition
New company law amendments introduce significant changes to corporate governance, capital contribution timelines, shareholder rights,...
New Policies to Enhance Travel Convenience in China
These changes reflect China's commitment to opening up and supporting high-quality development. Here’s an overview of the key...
Reminder for the 2023 Annual IIT Reconciliation
The annual individual income tax (IIT) reconciliation is currently underway. According to the IIT Law and its implementation...
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Accounting & Tax | View all
Reminder for the 2023 Annual IIT Reconciliation
In China, the months from March to June are busy for the annual reconciliation of individual income tax (IIT). You will find key information for your reference in this article.
An Overview of PRC Tax System and Administration（2023 Updated）
To maximize return on investment and minimize risks, it’s crucial for investors to have a comprehensive understanding of the People’s Republic of China (PRC) tax system and the associated costs before making the final investment decisions.
Cost of Hiring Employees in China 2023
China has the largest labor market in the world and has long been a strategic location for many manufacturers and labor-intensive industries to set up operations. However, as the Chinese economy continues to grow and wages rise, so does the cost of hiring in China.
Legal | View all
China Eases Access for Foreign Investment in Service Sectors
On July 11, China has implemented regulatory adjustments in major cities to further open up the service sector and attract foreign investment.
Guide to Setting Up a Company in China: 2024 Edition
Due to the latest changes in the China Company Law, we have updated this article to reflect the new regulations effective from July 1, 2024
Transition Period for New Registered Capital Rules in China
To effectively implement the new requirements of the revised Company Law for the registration of capital, standardize the management of company registration capital, the State Administration for Market Regulation recently released a draft version of the “Provisions on the Registered Capital Registration Management System.”
Policy & News | View all
New Policies to Enhance Travel Convenience in China
China has recently introduced several new immigration policies aimed at facilitating travel and enhancing the convenience of immigration processes for both foreigners and residents.
China Expands Foreign Access to Value-Added Telecom Services
The Ministry of Industry and Information Technology (MIIT) of China recently issued the Circular on the Pilot Scheme for the Further Opening of Value-Added Telecom Services to Foreign Investment (“Circular”).
Foreigners’ Guide to China’s Payment Solutions
This article aims to provide an overview of the payment options and tools available to foreigners in China. From traditional bank transfers to mobile payment platforms like Alipay and WeChat Pay, the landscape of financial transactions in China is both diverse and technologically advanced.
