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

Why And How To Find Basic Company Information About A Chinese Company?

Working with Chinese companies is nothing new for foreign businesses around the world. Perhaps you’re buying from them, selling services, or working with them in China itself. Most of the time these b...

Male casually sitting on the ground typing on laptop

June 17, 2021

How Self-employed Foreigners Can Reduce Tax Payable in China

Until now, it was complicated for foreigners to work in China. Typically, you would need to be invited to work here by a company (local or foreign-owned), go through the visa process, and then be gran...

May 17, 2021

What Is The China Entrepreneur Visa And How To Apply For One?

Let's say you have travelled to China to set up a new business and you are planning on working there long-term. Applying for a China work visa may be your first instinct; however, you can't be employe...

April 20, 2021

April 2021: Post-COVID Tax & Fee Cuts For Businesses In China - Will YOU Benefit?

China has extended or started cutting certain taxes and fees to stimulate the economy by providing some financial support for smaller and micro businesses, and also in some preferential sectors (such ...

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 ...

Man Using Online Banking Application On Laptop With Account Closed Message On Screen

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, ...

Haikou Hainan Port Container Terminal Aerial View During Sunset

January 5, 2021

Setting Up A WFOE In China? Have you considered HaiNan?

Where are you thinking of setting up your WFOE in China? Guangzhou, Shenzhen, Foshan, Shanghai are all common provinces foreigners choose for their WFOE set up. Have you considered Hainan?

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...

Woman in a mask boarding a plane to China

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.

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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