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China Business Services Blog

Where foreign investors in China go to stay updated

Recent Posts

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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June 4, 2020

Covid-19: Investing in China’s Medical Device Industry

COVID-19 has generated an explosive short-term rise in demand for medical products such as protective masks, surgical gowns and sanitisers. Given that China is one of the largest exporters of medical ...
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April 23, 2020

Accounting and Auditing for COVID-19 Risks for Hong Kong Companies

The coronavirus (COVID-19) outbreak has substantially impacted the global economy and has challenged almost all businesses in the Greater China Region. Given the recent travel restrictions and special...
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April 22, 2020

Labour Relationships: Handling Mass Layoffs for Your China WFOE

The effects of the COVID-19 outbreak in China have left many businesses struggling to stay afloat, let alone make a profit as costs remain the same or may have even increased, and revenue for most ind...
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March 13, 2020

WFOE Tax Relief Polices During Coronavirus

In light of the the current pandemic, the Chinese government has issued a number preferential tax policies for both local and foreign-owned business in China to reduce the burden and boost the economy...
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