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China Business Services Blog

Where foreign investors in China go to stay updated

17 April 2018

by Bobby Lee


VAT tax in China is being cut from May 1st 2018 and, in a country where tax is actually pretty high, this is great news for businesses.

Keep reading as we break down the key changes, and their benefits to foreign investors...

04 April 2018

by Bobby Lee


In today’s media-clogged world, face-to-face interaction between a business and their clients or consumers are all too easily underrated. But getting your business to the front lines of where your customers are gathering in China can be a game-changing move if executed with excellent form, as these tips from Hongda and the organisers of the SZ Health & Wellness Fair illustrate.

19 March 2018

by Bobby Lee


Good news for foreign enterprises in China, it's possible to get withholding tax on dividends in China deferred under certain circumstances.

If you're interested in lowering your company's tax burden, keep reading for the details...

05 March 2018

by Bobby Lee

A new regulation regarding Hong Kong company ownership records came into force on March 1st 2018. Every HK company MUST create an up-to-date 'Significant Controllers Register' (showing who owns the company) which will be available to the authorities, by March 31st 2018. Stiff penalties apply for failing to do so!
Here's what you need to know, and how we can help here at Hongda!

15 February 2018

by Bobby Lee


How close are you, or your foreign staff, to needing to renew their China work visa (permit)?

If you answered soon then this blog post is for you! Read on to find out why a change in regulations affects you...

26 January 2018

by Bobby Lee


Many articles you may read on Chinese business culture are well-meaning, but for foreigners who haven't travelled to China for business before and are uninitiated, they could add to the sense of unease about "how you'll cope somewhere so foreign."

It's 2018 now, and China is a very modern country. Let's dispel some of the common myths and lay out some advice to current questions.

12 January 2018

by Bobby Lee


China is a fertile investment environment, but gaining new financing here up to now was complex.

The QianHai Equity Exchange makes winning investment very simple and streamlined, so as a foreign SME company why not take advantage of this..?

04 January 2018

by Bobby Lee


The rates of China taxes for both expat employees and businesses are perhaps higher than you'd imagine.

For instance, expats can expect to pay between 25% to 45% IIT (Individual Income Tax) on earnings, and companies have a CIT (Corporate Income Tax) rate of 25%.

Can we reduce these? Yes. Here's how...

26 December 2017

by Bobby Lee


A client recently asked me this question, and it's not the first time that I've heard this.
The answer about whether your business will benefit from a representative office in China really depends on your circumstances, so let's look into it in this post...

16 December 2017

by Bobby Lee


With China increasing in popularity as a destination for expats to work in, writing this blog post, where I will explain two of the most important China work visa requirements, makes total sense.

Are you coming to China to work soon, or thinking about it? Read on...

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