News

novembre 22, 2021

China’s Tax Incentives: An Overview of Key Schemes

China’s tax incentives are preferential tax policies offered by its local and/or central governments to incentivize or encourage a particular economic activity or to support disadvantaged business owners or individuals. From the investor’s perspective,

novembre 15, 2021

Attention! Hong Kong Has Tigntened the Registry Search Rights

The government has tightened registry searches in Company Registry and Land Registry – people will have to provide their name and identity card number to use the registries’ services from November 1, 2021 “With effect from

novembre 8, 2021

China’s New Tax Deferment Measures and Extension of Tax Break

  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  CIT , domestic

novembre 1, 2021

The Analysis of Minimum Wages in China in 2021

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 Beijing and

octobre 25, 2021

How to Open a Bank Account for Foreign Companies in China?

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 for providing

octobre 20, 2021

Income Tax Rate of These 3 Places in Mainland is lower than HK !

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 new preferential

octobre 19, 2021

By Early 2022, Borders Might Open If Vaccination Target Reached

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. The

octobre 10, 2021

Mutual Visa Exemption: People Can Enter China Normally

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 visa exemptions

septembre 28, 2021

Family Members Can Apply PU Letter Based in Shanghai

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 members of