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

December 20, 2021

How China Companies With Remote Staff Can Save Cash & Boost Productivity

The coronavirus pandemic hasn't stopped lots of foreign investors from opening companies in China. It is possible to do this remotely from your country, and, indeed, probably the only way for company ...

July 26, 2021

Exporting to China 2021: Tips for Exporting Fast Moving Consumer Goods

In May 2021, China's total import value amounted to about 218 billion USD. That's a 50% increase compared to the previous year, and it's the fastest import growth that China has experienced for the la...

July 23, 2021

How To Travel To China In Summer 2021?

The appetite to travel to China hasn't lessened for many foreigners despite the ongoing coronavirus pandemic. However, it's clear that the appetite to open up the borders simply isn't there for China ...

June 28, 2021

Why And How To Find Basic Company Information About A Chinese Company?

Working with Chinese companies is nothing new for foreign businesses around the world. Perhaps you’re buying from them, selling services, or working with them in China itself. Most of the time these b...

Haikou Hainan Port Container Terminal Aerial View During Sunset

January 5, 2021

Setting Up A WFOE In China? Have you considered HaiNan?

Where are you thinking of setting up your WFOE in China? Guangzhou, Shenzhen, Foshan, Shanghai are all common provinces foreigners choose for their WFOE set up. Have you considered Hainan?

December 2, 2020

Shenzhen’s New Measures to Boost the Business Environment – Simplified

With China being an elusive destination for businesses to expand into, one thing stops many from entering the region – the regulations create a tight business environment that often intimidates busine...

Different currencies on different continents of a map emerging from one location.

December 1, 2020

Profit Repatriation – Transferring Money out of China in 2022

As China’s economy continues to flourish, more and more businesses want to set up an international branch there. However, one of the biggest concerns they have is whether or not they’d be able to get ...

China’s ‘fapiao’ invoice next to man holding a phone

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...

manufacturing and packaging of surgical masks

June 4, 2020

Covid-19: Investing in China’s Medical Device Industry

COVID-19 has generated an explosive short-term rise in demand for medical products such as protective masks, surgical gowns and sanitisers. Given that China is one of the largest exporters of medical ...

April 22, 2020

Labour Relationships: Handling Mass Layoffs for Your China WFOE

The effects of the COVID-19 outbreak in China have left many businesses struggling to stay afloat, let alone make a profit as costs remain the same or may have even increased, and revenue for most ind...

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