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China Business Services Blog

Where foreign investors in China go to stay updated

Recent Posts

April 7, 2021

How to make your Individual Income Tax (IIT) declaration and apply for a rebate in China?

If you’re an expat who is working in China, or will be soon, the bad news is that you will probably need to pay Individual Income Tax (IIT), but the good news is that you are likely to be entitled to ...
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March 15, 2021

How to Become An E-Commerce Vendor In China?

There are literally trillions of reasons to become an e-commerce vendor in China If you know China, you’ll also know that the Chinese have been very quick to embrace technology, e-payments, and online...
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February 23, 2021

Hong Kong Business Bank Account Closure: Why and How to Avoid It

After incorporating the business in Hong Kong, the next thing on the to-do list is to open your corporate Hong Kong business bank account. But with the increasing pressure to combat money laundering, ...
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January 26, 2021

2021 Guide to Opening a Bank Account in China

Operating a WFOE, wholly foreign-owned enterprise, or any other business in China, not only involves securing a business license; you also need to open a bank account to facilitate your operations. Bu...
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December 5, 2020

Top 3 accounting software in China in 2021

Doing business in a foreign country is never easy, and the same goes for China. China’s accounting standards are very different from the global standards that you are probably familiar with. 
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December 2, 2020

Shenzhen’s New Measures to Boost the Business Environment – Simplified

With China being an elusive destination for businesses to expand into, one thing stops many from entering the region – the regulations create a tight business environment that often intimidates busine...
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October 19, 2020

How to Travel to China During the COVID-19 Pandemic – The Prerequisites and Process

Following a strict closing of borders and travel ban on 28 March 2020 and a series of safety measures, Mainland China has managed to curb the spread of the pandemic.
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September 16, 2020

Hainan Visa-Free Travel Policy Guide [2021]

China is heavily promoting Hainan as a future business hub and gateway for trade. As of June 1, 2020, Chinese released the Overall Plan for the Construction of Hainan Free Trade Port. This plan is to ...
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July 8, 2020

Invoicing in China: What your WFOE needs to know about China’s ‘fapiao’ invoice system

If you are familiar with business operations in China, you have probably come across the term ‘fapiao’, which directly translates to ‘invoice’. While this may seem straightforward enough, China’s fapi...
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July 2, 2020

Shenzhen Updated the Guidelines of Verification Form of Inviting Foreigners to Shenzhen

In preparation for the prevention and control of COVID-19, Shenzhen has updated the guidelines for the verification form of inviting foreigners to Shenzhen. Hongda will guide you on how to obtain the ...
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