Tax deferment measures for manufacturers, individual businesses, unincorporated firms. According to the executive meeting, the following taxes for the fourth quarter of this year can be deferred: 1. Corporate income tax CITRead More
Minimum wages in China continue to grow. So far, in 2021, the provinces of Heilongjiang, Hubei, Jiangsu, Jiangxi, Ningxia, Shanxi, Shaanxi, Tibet, Xinjiang, Zhejiang, Shandong, Jilin, as well as the cities of BeijingRead More
Setting up a company in China’s appealing market may be subject to varied requirements, depending much on the business entity chosen for further activities. A business bank account is a mandatory request at the company formation in China forRead More
Have you got the news that at the end of this year, the previous taxation policy of eight tax exemption subsidies for foreigners will expire? Well, you may wonder and find out any newRead More
China may open its borders after it vaccinates over 85 percent of its population by early 2022, said Gao Fu, head of the Chinese Center for Disease Control and Prevention, in a recent interview.Read More
According to the requirement of The Ministry of Human Resources and Social Security，foreign employees are required to participate in the Chinese social security program. In China, social insurance includes five different typesRead More
The official website of the National Immigration Administration replied that those who are currently covered by the mutual visa exemption can enter China normally. At present, there are 16 countries with which China has concluded mutual visaRead More
Recently, the Chinese Government implemented heightened application requirements for non-Chinese nationals seeking to obtain Official Invitation (“PU”) Letters sponsored by companies based in Shanghai. PU letters are now available to dependent family membersRead More
Hi, guys In the previous topic on personal income tax in China, we discussed Kevin’s case as the example of non-resident individual. This time, we will talk about Michael’s case. Let’s take a look!Read More
With the development of global economy, China becomes one of the most popular place of foreign investments. When overseas companies decide to have businesses in China, they need to do legal registration withRead More
