Practical articles for foreign investors in China: company setup, tax, banking and work permits.
We're often asked if Hong Kong company registry is necessary as a prerequisite for setting up a WFOE in China. Many rumours and anecdotes are floating around about if this is a good idea ...
It's no secret that it remains difficult for Hong Kong companies to open a business bank account in Hong Kong! So if this is affecting you, do you quit, or is there another way? Luckily you ...
A lot of our clients who decide to open a company in China often feel confused about which type of company they need to open. We're often asked: "Which type of China WFOE to open?" While it ...
Nearly ⅓ of WeChat official accounts are doing some form of e-commerce, with an estimated 898 Million users we look at why your business in China should be on WeChat.
These days opening a WFOE (or WOFE) is the preferred method for foreign companies to sell in China, and it's small wonder given that it gives: Total legality in China The ability to invoice ...
The China WFOE A China WFOE is arguably ‘the best’ type of company for foreign businesses to open in China. The less informed will tell you that it’s impossible to run a company in China ...
Setting up a company and establishing a presence in China can be a challenging task, but with relevant information coming from experience and expertise you can save yourself a lot of ...
The State Administration of Foreign Experts affairs(SAFEA) has announced a new unified work permit pilot scheme for foreign workers in China. If hiring or relocation is part of your plan, ...
If you’ve ever travelled abroad chances are you’ve had to deal with some sort of visa procedure, and if you’ve worked abroad, no doubt a work visa. Getting the right information before you ...
Being compliant to the audit is crucial because the foreign investors can only see profits if the Chinese Tax Bureau is satisfied and your company is tax compliant.
"Be prepared," motto of the Scouting movement, and also Hongda's advice when it comes to being ready for the end of the Chinese tax year. If the annual China tax and accounting is on the ...
With the annual audit coming up there are a few things to get in order before time runs out. This may seem overwhelming but take it as a health check of your company, where you can review ...