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China Business Services Blog

Where foreign investors in China go to stay updated

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 ...
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March 15, 2021

How to Become An E-Commerce Vendor In China?

There are literally trillions of reasons to become an e-commerce vendor in China If you know China, you’ll also know that the Chinese have been very quick to embrace technology, e-payments, and online...
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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, ...
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February 11, 2021

How To Open A Corporate Bank Account In Hong Kong [2021 Update]

Once you have completed the steps to register your company in Hong Kong, you may start considering one of the Hong Kong banks for setting up your corporate bank account. Unfortunately, being able to o...
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January 26, 2021

2021 Guide to Opening a Bank Account in China

Operating a WFOE, wholly foreign-owned enterprise, or any other business in China, not only involves securing a business license; you also need to open a bank account to facilitate your operations. Bu...
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January 2, 2021

Setting Up A WFOE In China: The Process Explained [2021]

If you follow this blog, you may have read articles on the differences between WFOEs (pronounced “wuh-fee”), Representative Offices (ROs), and Joint Ventures (JVs)– on the different types, the Pros an...
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December 24, 2020

China Work Visa Requirements: What You May Not Know [2021]

China has become a popular destination for expats looking for work outside their home countries. While the Chinese government has simplified the application process for a China work visa over the year...
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December 16, 2020

Chinese Accounting Standards vs. IFRS: 3 Key Differences You Must Know [2021]

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December 8, 2020

Uncover the True Cost to Set Up & Run Your Hong Kong Company [2021]

Does this sound familiar to you? You have just opened your Hong Kong company only to find out that you need to pay yet more fees in the future that you had no idea were coming. Unfortunately, this hap...
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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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