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

Updated 5-Day Shenzhen visa on arrival to China

The 5-day visa on arrival at the border between China and Hong Kong was reintroduced earlier this year. We’ve gathered all the up-to-date information on who, where, when and how you can obtain a 5-day...

October 16, 2017

Hong Kong Tax News: Profit Tax Reduced From 16.5% To Just 8.25%!

On October 11th, new Hong Kong Chief Executive, Mrs. Carrie Lam, announced measures to stimulate the economy, including Hong Kong tax cuts to profit tax. If you are currently running a Hong Kong compa...

October 9, 2017

How To Name A Chinese Company (For Foreign Investors)

Knowing how to name a Chinese company is an important piece of knowledge for foreign investors who're intending on starting a business in China. There is a certain set of rules that must be followed w...

September 29, 2017

How To Get A Tax Rebate In China For Foreign-Owned Companies

Foreign-owned companies in China may be eligible for a China tax rebate without even knowing it! In this post I'll describe the process of how to get a tax rebate in China...

Two office workers looking at laptop screen with puzzled expressions.

September 13, 2017

Setting Up Your China WFOE: Appointing Your Legal Representative & Supervisor

Part of setting up a WFOE in China is defining who fills the roles that the government demands information on in order to open the company, namely China WFOE legal representative and China company sup...

August 25, 2017

Hongda Seminar: China Bookkeeping and Tax Masterclass [9/9/17]

Join our CEO, Angel Ho, on September 9th 2017 in our Nanshan office (Shenzhen) for a masterclass in China bookkeeping & how to do taxes in China to stay compliant...

August 15, 2017

Why The New China Five In One Business License Affects You

Everyone may have heard that setting up a WFOE, or other business type, in China is complicated and difficult. But things are changing. The government has recently started to implement an 'all-in-one'...

August 4, 2017

7 Areas To Focus On When Starting A Business In China

Recently you'll no doubt be reading the odd 'cautionary tale' warning that the dog days of starting a business in China for foreign companies and startups are over. The most high profile example is Ub...

New China Fapiao Rules From July 1st 2017.jpg

July 6, 2017

Alert: New China Fapiao Rules From July 1st 2017

China fapiao are tax invoices which are commonly provided to customers upon purchasing a product or service. They are both proof of purchase, and proof that tax has been paid. As China continues to ti...

June 16, 2017

New Hongda Office Focuses On China Company Registration In SEZs

Good news! If you're considering a China company registration for your business then Hongda are now able to offer you a bespoke service from our new Shenzhen office which caters primarily for people i...

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