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China Business Services Blog

Where foreign investors in China go to stay updated

August 25, 2017

Hongda Seminar: China Bookkeeping and Tax Masterclass [9/9/17]

Join our CEO, Angel Ho, on September 9th 2017 in our Nanshan office (Shenzhen) for a masterclass in China bookkeeping & how to do taxes in China to stay compliant...
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July 6, 2017

Alert: New China Fapiao Rules From July 1st 2017

  China fapiao are tax invoices which are commonly provided to customers upon purchasing a product or service. They are both proof of purchase, and proof that tax has been paid. As China continues to ...
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April 27, 2017

Taxes in China Cut By $52 Billion USD

  On April 19th China approved a US$55.2 billion tax cut for both businesses and individuals, according to this statement by the Chinese State Council. This tax rollback is to encourage consumer spend...
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April 12, 2017

New Updated Government Grants for Startup Companies in Shenzhen

  The Shenzhen government has recently released details of an exciting new grants policy to encourage new startup companies in Hi-Tech, Green Technology, and Technology Consultation Services fields to...
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June 23, 2016

Hongda Business Services Roundup: 24 June 2016

  It's Friday and time for the last roundup for the month of June! It's been a very busy month as always for us and the year is definitely moving way too fast. In the spirit of bringing the month to a...
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June 19, 2016

China Accounting: Employee Taxes & Social Insurance You Should Pay

  Having opened your Chinese company you're now able to operate locally and start doing business here. That's great news, but foreign businesses also need to be aware of which China taxes they should ...
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March 29, 2016

China Accounting: Hong Kong CPAs May Audit Chinese Firms' Accounts

In mid 2015 China accounting changed. Beijing brought in new rules effectively 'banning' overseas CPAs (Certified Public Accountants) from auditing Chinese firms' books fo their annual accounting audi...
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March 22, 2016

China accounting work: Outsourcing vs. in-house?

How to go about your China accounting work? When it comes to the setting up and running of a business in China, there are so many different aspects that owners need to consider for their business to r...
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March 13, 2016

A rundown of the major taxes in China for foreign businesses

Understanding taxes in China China is in the process of going through some major tax reforms in the hope of helping local companies and neighbouring countries save billions of dollars on taxes in 2016...
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March 8, 2016

A History of China Accounting Over The Years: Timeline Infographic

China accounting over the years Today, the practice of accounting is a crucial element of business that is as important in China as it is in the rest of the world. With modern day accounting practices...
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