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

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 ...

China’s ‘fapiao’ invoice next to man holding a phone

July 8, 2020

China WFOE: The '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’ in Chinese. While this may seem straightforward enough, C...

July 2, 2020

Updated Verification Form to Invite 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 ...

manufacturing and packaging of surgical masks

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 ...

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...

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...

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...

February 18, 2020

Managing Your Business in China during the COVID-19 Outbreak

Following the outbreak of the novel coronavirus (COVID-19) in China, many foreign companies in China are concerned about their future plans and the risk this may pose for their business. For a foreign...

Ball with China flag at the center of a compass pointing to 'Invest'

January 29, 2020

This new Chinese law will affect all foreign-invested companies

On March 15th, 2019, China's legislature approved the new Foreign Investment Law (FIL), it would replace the Three Laws on Foreign Investment as the new basic law in the field of foreign investment in...

China Business Services Blog

I want to read about

Recent Posts

Hainan Visa-Free Travel Policy Guide [2021]

China WFOE: The 'Fapiao' Invoice System

Updated Verification Form to Invite Foreigners to Shenzhen

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

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

Labour Relationships: Handling Mass Layoffs for Your China WFOE

WFOE Tax Relief Polices During Coronavirus

Managing Your Business in China during the COVID-19 Outbreak

This new Chinese law will affect all foreign-invested companies

GET IN TOUCH WITH OUR TEAM

HOW CAN WE HELP?

Don't hesitate to contact

We will contact you shortly