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China Business Services Blog

Where foreign investors in China go to stay updated

May 28, 2023

How to open individual bank account in China? Enjoy more with Hongda.

Surprised by the fact that Chinese people are always using their smartphones instead of cash for payment in daily life? It will be great if a foreigner can enjoy those conveniences just like Chinese p...
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May 15, 2023

How To Send Money To China From USA (8 Tips)

There comes a time for many expats in China when you need to send money from the West, for instance from the USA, to yourself in China. But financial transfers aren't as simple as you may be used to, ...
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April 26, 2023

Chinese Accounting Standards (CAS) vs. IFRS: 3 Top Tips You Should Know [2023]

When doing business in a foreign country, local laws, regulations and standards are something that you must get familiar with to. After years of development, the Chinese Accounting Standards (CAS) is ...
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April 24, 2023

China Accounting 101: What Is VAT In China?

Value Added Tax (VAT) in China is notoriously complex. It’s one of the most comprehensive taxes among 170 countries that have implemented VAT (or equivalent tax). The difference between Chinese accoun...
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April 21, 2023

What License Do you Need to Start Food Business in China

Consider running your food operation in China and enjoy the benefits of the great food market. Applying for food operation licenses is "first-thing-first"! Let's take a look at the license you may nee...
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April 18, 2023

Setting Up A WFOE In China: The Process Explained [2023]

If you follow this blog, you may have read articles on the differences between WFOEs (pronounced “wuh-fee”), Representative Offices (ROs), and Joint Ventures (JVs)– on the different types, the Pros an...
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April 18, 2023

China Work Visa Requirements: What You May Not Know [2023]

China has become a popular destination for expats looking for work outside their home countries. While the Chinese government has simplified the application process for a China work visa over the year...
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April 10, 2023

How to Prepare for Your Employment Residence Permit Interview - FAQs

To work and reside in China legally you must apply for employment residence permit. An offline interview required by government for first-time residence permit application can be challenging for you. ...
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December 14, 2022

An Ultimate Guide to China Manufacturing Company Setup

Thanks to the larger population and lower labor costs, building a manufacturing factory can be beneficial compared to your international competitor. This ultimate guidance of China manufacturing compa...
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November 21, 2022

2023 Guide to Setting Up Your New Business In China

China is developing at a surprising speed and creating more business opportunities globally.  As a foreigner, you may want to play your part in the Chinese market by forming your own company in China,...
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