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China Business Services Blog

Where foreign investors in China go to stay updated

July 8, 2020

China WFOE: The '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’ in Chinese. While this may seem straightforward enough, C...
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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 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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May 29, 2019

Calculating IIT Under China’s 2019 Reforms for Foreign Expats

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

How to Export Wine & Alcoholic Beverages to China | Hongda

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 (IIT) 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 taxabl...
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April 17, 2018

May 18 Cuts To VAT Tax In China Spell Great News For Foreign Investors

VAT tax in China is being cut from May 1st 2018 and, in a country where tax is actually pretty high, this is great news for businesses. Keep reading as we break down the key changes, and their benefit...
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March 19, 2018

How Withholding Tax On Dividends In China Can Be Deferred

Good news for foreign enterprises in China, it's possible to get withholding tax on dividends in China deferred under certain circumstances. If you're interested in lowering your company's tax burden,...
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