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

July 20, 2022

Managing Your Chinese Company During The Pandemic [FAQ]

Since the COVID-19 pandemic hit, it has become more important than ever for foreign investors to manage their Chinese companies remotely. Despite the lack of access to China due to strict border contr...

China's commonly used cloud-based accounting software

July 13, 2022

Top 2 accounting softwares in China in 2023

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.

2 Ways To Reduce China Taxes For Businesses And Employees In 2018.jpg

July 7, 2022

2 Ways To Reduce China Taxes For Businesses And Employees In 2022

The rates of China taxes for both expat employees and businesses are perhaps higher than you'd imagine. For instance, expats can expect to pay between 25% to 45% IIT (Individual Income Tax) on earning...

June 30, 2022

Big News! China's Entry Quarantine Time is Shortened to '7+3'!

Big news has just been announced for travellers to China. The quarantine period which was up to 21 days in 'centralized isolation,' usually in a hotel room, has now been shortened in a major step towa...

June 24, 2022

What are your Chinese company seals and why are they important?

Seals have been used to stamp important documents in China since ancient times. You might have heard of the large jade seals belonging to the Chinese Emperors: Image credit If you open a new Chinese c...

May 23, 2022

Risks & Tips for Opening A Hong Kong Bank Account Post-Covid

Let's say you have a WFOE in China and you now want to open a Hong Kong company and business bank account for it. This has been quite challenging in different ways since around 2012 when stricter anti...

china annual inspection for foreign-invested enterprises

May 5, 2022

Be ready for the Annual Inspection of Foreign-Invested Chinese Enterprises (Jan 1-June 30 each year)

If you're a foreign investor who's running a Chinese enterprise, probably a WFOE, you will need to undergo an annual inspection each year. Let's examine what the annual inspection is, why it's done, w...

April 20, 2022

How to get a Chinese visa during the Covid pandemic?

Everyone has heard how difficult it is for foreigners (and even Chinese abroad) to get back into while they have such strict controls over immigration and movement within the country to try and halt t...

March 11, 2022

How To Get My Non-Criminal Record In China?

A non-criminal record in China is needed for work, student, or press visa applications or renewals. In this post, we're going to explain what the Non-Criminal Record (NCR) certificate is, why you need...

February 15, 2022

Bookkeeping In China: What You Need To Know

Let's take a look at bookkeeping in China, an important job that foreign investors need to consider when setting up a company here. I'll introduce bookkeeping, explain what a bookkeeper should be doin...

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