China Business Services blog including WOFE set up, monthly China accounting and taxes in China | Hongda

China Joins Apostille Convention – What Benefits Does This Bring?

You may have heard the news that China has joint the Apostille Convention on 7th November 2023. But do you know that this action will bring you significant conveniences when doing business in China? K...

October 30, 2023

Investment in Guyangzhou - Business Eco-system in Major China Cities

When considering doing business in China, the first question that always comes to your mind is: in which city should I start my business? Choosing the right city to pursue your success in China is not...

October 8, 2023

See How Much You Can Save with the Individual Income Tax Updates!

In recent decades, China has experienced rapid economic development, and both citizens and foreigners working in China have witnessed growth in their salaries. With the enhancement of the taxation sys...

Guidance on foreign currency settlement and purchase in China.

August 2, 2023

Will Qianhai Be Your Investment Destination? – Introduction to Qianhai

Since the announcements of establishing Qianhai Cooperation Zone, the word "Qianhai" has attracted the global attention for its outstanding policy incentives and remarkable advantages of strengthening...

July 19, 2023

Guidance on Transferring Money In and Out in China

As a foreigner living in China, you may face a limitation of daily foreign currency transfer and settlement, and you must be wondering why. In this blog, Hongda tells you everything you may want to kn...

Complete guidance on Hong Kong Offshore Tax Exemption Application

July 10, 2023

What is Hong Kong Offshore Profits Tax Exemption and How Can I Apply?

Do you even know that the profits sourced outside Hong Kong can be considered offshore profits and are exempted from tax, according to the regulations of the Hong Kong Inland Revenue Department? Let t...

How to open personal bank account in China

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...

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...

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. ...

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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