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China Business Services Blog

Where foreign investors in China go to stay updated

July 8, 2020

Invoicing in China: What your WFOE needs to know about China’s ‘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’. While this may seem straightforward enough, China’s fapi...
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June 3, 2020

Chinese Accounting Standards vs. IFRS: 3 Key Differences You Must Know [2020]

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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...
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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...
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February 18, 2020

Managing Your Business in China during the Coronavirus (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...
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January 25, 2020

Top 3 accounting software in China in 2020

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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May 29, 2019

How to Calculate IIT under China’s 2019 Reforms: Foreign Expats Between China and Hong Kong

In the past few months, we’ve talked a lot about China’s IIT reform and what it means for expats. To help demystify the process, we created this infographic and blog outlining three major changes for ...
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May 3, 2019

Exporting Wines & Alcoholic Beverages to China: Tips from the Daniel O'Connor, Director of Drinks99

The alcoholic beverage industry has experienced immense growth in recent years and shows no sign of stopping—with an expected 3.1% CAGR from 2019 to 2024. Among the countries driving this demand is Ch...
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April 11, 2019

China's IIT Reform: 3 Major Changes for Foreigners in 2019

In June of last year, the People’s Republic of China (PRC) government proposed a series of reforms to its Individual Income Tax Law (IIT). Some of these changes started to take effect starting October...
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October 3, 2018

[Infographic] China Individual Income Tax: What Expats Need to Know!

  New changes regarding China individual income tax regulations are now in place. More on what expats and business owners need to know about these changes (and how they can reduce their own taxable in...
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