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China Business Services Blog

Where foreign investors in China go to stay updated

June 30, 2022

Big News! China's Entry Quarantine Time is Shortened to '7+3'!

Big news has just been announced for travellers to China. The quarantine period which was up to 21 days in 'centralized isolation,' usually in a hotel room, has now been shortened in a major step towa...
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June 24, 2022

What are your Chinese company seals and why are they important?

Seals have been used to stamp important documents in China since ancient times. You might have heard of the large jade seals belonging to the Chinese Emperors: Image credit If you open a new Chinese c...
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May 23, 2022

Risks & Tips for Opening A Hong Kong Bank Account Post-Covid

Let's say you have a WFOE in China and you now want to open a Hong Kong company and business bank account for it. This has been quite challenging in different ways since around 2012 when stricter anti...
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May 5, 2022

Be ready for the Annual Inspection of Foreign-Invested Chinese Enterprises (Jan 1-June 30 each year)

If you're a foreign investor who's running a Chinese enterprise, probably a WFOE, you will need to undergo an annual inspection each year. Let's examine what the annual inspection is, why it's done, w...
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April 20, 2022

How to get a Chinese visa during the Covid pandemic?

Everyone has heard how difficult it is for foreigners (and even Chinese abroad) to get back into while they have such strict controls over immigration and movement within the country to try and halt t...
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March 11, 2022

How To Get My Non-Criminal Record In China?

A non-criminal record in China is needed for work, student, or press visa applications or renewals. In this post, we're going to explain what the Non-Criminal Record (NCR) certificate is, why you need...
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February 15, 2022

Bookkeeping In China: What You Need To Know

Let's take a look at bookkeeping in China, an important job that foreign investors need to consider when setting up a company here. I'll introduce bookkeeping, explain what a bookkeeper should be doin...
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January 25, 2022

2022 Guide to Opening a Bank Account in China

Operating a WFOE, wholly foreign-owned enterprise, or any other business in China, isn’t as simple as only securing a business license; you will also need to open a bank account to facilitate your ope...
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January 24, 2022

Combined China Company Setup & Work Visa Application Offer (Q1 2022)

One of our most popular services is our 'Complete China Company Registration Package' where Hongda assist you by opening and providing you with a fully functioning and fully compliant company in China...
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January 21, 2022

China's 2022 Tax Policy Changes For Foreign Workers: Buckle Up!

Foreign workers in China take note! There are changes to individual income tax (IIT) that have come into being in January 2022, and they're not going to be welcome. TL:DR: you're probably going to hav...
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