Other BriefingsAsia Transfer Pricing Brief: Q1 2024
In our Asia Transfer Pricing Brief for Q1 2024, we introduce Indonesia's updated transfer pricing guidelines and highlight Singapore and Hong Kong's progress on implementing Pillar Two income inclusion rule and domestic top-up tax rule.
China’s Economy Expands 5.3% in Q1 2024
China's GDP expanded 5.3% in Q1 2024 thanks to strong manufacturing and services output, setting the country on track to reach its annual growth target.
A Guide to China’s New Company Law for Foreign Investors – New Publication Out Now
China's New Company Law has far-reaching implications for businesses. In this publication, we guide foreign investors through the changes of the New Company Law for existing and new FIEs and relevant stakeholders.
Annual CIT Reconciliation in 2024 - A Brief Guide for Companies
Companies are advised to begin tax filing procedures as soon as possible to complete CIT reconciliation before the deadline of May 31, 2024.
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Asia Transfer Pricing Brief: Q1 2024
Tax & Accounting Apr 26 -
US-China Relations in the Biden Era: A Timeline
Economy & Trade Apr 25 -
China Leads Emerging Asia Manufacturing Index 2024: New Report from Dezan Shira & Associates
Economy & Trade Apr 25 -
China-Germany Bilateral Relations: Trade and Investment
Economy & Trade Apr 24 -
How to Get a Certificate of No Criminal Record in China - A Guide for Foreign Residents
Human Resources & Payroll Apr 22
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Economy & Trade
US-China Relations in the Biden Era: A Timeline
Apr 25Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
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China Leads Emerging Asia Manufacturing Index 2024: New Report from Dezan Shira & Associates
Economy & Trade Apr 25China tops the Emerging Asia Manufacturing Index 2024, a report enabling investors to assess China’s strengths and weaknesses in the manufacturing sector within the broader Asia-Pacific context.
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China-Germany Bilateral Relations: Trade and Investment
Economy & Trade Apr 24The changing trade and investment relationship between China and Germany underscores emphasis on collaboration while navigating new challenges. We discuss how heightened industrial competition is reshaping vital sectors, prompting both countries to seek balance and adapt to evolving dynamics.
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China’s Economy Expands 5.3% in Q1 2024
Economy & Trade Apr 17China's GDP expanded 5.3% in Q1 2024 thanks to strong manufacturing and services output, setting the country on track to reach its annual growth target.
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Shanghai's Lingang New Area Launches First Cross-Border Data Service Center to Facilitate Data Export
Economy & Trade Apr 12The new cross-border data service center will provide consulting services to companies in Shanghai and facilitate data export.
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Beyond a Mega City: Investing in China’s Mega City Clusters
Published: August 2023
Doing business in China has undergone significant changes in the past few years. With mounting chall... -
An Introduction to Doing Business in Hong Kong 2023
Published: April 2023Doing Business in Hong Kong 2023 introduces the fundamentals of investing in Hong Kong. Compiled by ...
Tax & Accounting
Asia Transfer Pricing Brief: Q1 2024
Apr 26In our Asia Transfer Pricing Brief for Q1 2024, we introduce Indonesia's updated transfer pricing guidelines and highlight Singapore and Hong Kong's progress on implementing Pillar Two income inclusion rule and domestic top-up tax rule.
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A Guide to China’s New Company Law for Foreign Investors – New Publication Out Now
Tax & Accounting Apr 16China's New Company Law has far-reaching implications for businesses. In this publication, we guide foreign investors through the changes of the New Company Law for existing and new FIEs and relevant stakeholders.
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Annual CIT Reconciliation in 2024 - A Brief Guide for Companies
Tax & Accounting Apr 11Companies are advised to begin tax filing procedures as soon as possible to complete CIT reconciliation before the deadline of May 31, 2024.
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China Monthly Tax Brief: March 2024
Tax & Accounting Apr 02In this monthly China tax brief, we spotlight policies and measures announced or scheduled for implementation in March 2024. These initiatives target to increase market access, attract foreign investment, support technology innovation, and clarify tax compliance.
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Navigating Hong Kong’s Annual Employer’s Return: Compliance and Best Practices
Tax & Accounting Mar 25The Annual Employer’s Return filing in Hong Kong begins on the first working day of April and should be completed within one month. Employers are advised to start preparations early and allocate sufficient resources to meet this tight deadline.
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A Quick Guide to Accounting and Audit in China 2024
Published: November 2023With businesses operating in a growing volatile, unexpected, complex, and ambiguous (VUCA) world, fi... -
Human Resources and Payroll in China 2023
Published: June 2023A firm understanding of China’s laws and regulations related to human resources and payroll manage...
Legal & Regulatory
China Announces Industrial Equipment Upgrading Action Plan
Apr 19China announced an ambitious action plan for industrial equipment upgrading, which aims to drive technological innovation and economic growth through extensive investment and regulatory support. We highlight the key details and takeaways from the plan.
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China to Relax Foreign Ownership Limits in Value-Added Telecommunication Services
Legal & Regulatory Apr 18China has launched a pilot program in specific regions to relax foreign ownership restrictions on certain value-added telecommunication services. The program aims to attract foreign investment and boost market activity.
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China's Draft Certification Standards for Cross-Border Personal Information Transfer (Updated)
Legal & Regulatory Apr 17China's standards committee has begun soliciting feedback on standards for third-party agencies to certify companies for personal information export.
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Cross-Border Data Transfer - New Measures Clarify Security Review Requirements
Legal & Regulatory Apr 17China has released long-awaited measures detailing requirements for security assessments for transferring data out of the country.
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China's Standard Contract Measures for Personal Information Export - Additional Guidelines Released
Legal & Regulatory Apr 17The CAC has adopted measures for the streamlined "Standard Contract" procedure for exporting personal information. Here's how it works.
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PIPL 2023/24: Cross-Border Data Transfer in China Handbook
Published: January 2024China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in ... -
Cross-Border Dispute Resolution in China
Published: October 2023Cross-border disputes have been increasing in China in recent years, particularly since the onset of...
Industries
Hong Kong’s Cosmetics and Skincare Market - Trends and Industry Overview
Mar 19The Hong Kong skincare market is dominated by international trade, while new trends in bespoke product formula, emphasis on 'clean beauty', and online commerce present emerging opportunities.
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China's Machine Tool Industry: Market Trends and Opportunities
Industries Mar 07China's machine tool industry, with a market value surpassing RMB 200 billion (approximately US$27.86 billion), heavily depends on foreign imports, creating diverse opportunities for global collaboration and investment, bolstered by substantial government incentives.
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Navigating the Impact of OpenAI’s Sora on China’s AI Industry
Industries Feb 28Sora, OpenAI's groundbreaking text-to-video model, has sparked both excitement and caution in China's tech industry.
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China's Dairy Industry - Market Trends and Opportunities
Industries Feb 27The dairy industry in China has grown to become the second largest in the world, presenting a myriad of new opportunities for investors.
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China’s New Draft Regulations for After-School Tutoring
Industries Feb 23China's Ministry of Education unveiled a new set of draft regulations aimed at reforming the after-school tutoring industry. These regulations clarify various aspects of after-school tutoring, from licensing and scheduling to pricing and penalties.
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Investing in China's Greater Bay Area: Tapping into Long-Term Opportunities
Published: April 2023Investing in China's Greater Bay Area: Tapping into Long-Term Opportunities is designed to introduce... -
Investing in China’s Healthcare Sector
Published: March 2023China is a highly promising market for the global healthcare industry, boasting immense size, divers...
HR & Payroll
How to Get a Certificate of No Criminal Record in China - A Guide for Foreign Residents
Apr 22We explain how foreign residents can obtain a certificate of no criminal record in China, using the city of Shanghai as an example.
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Verification Letter of Invitation Requirement in the China Visa Process: A Brief Guide
HR & Payroll Apr 10A Verification Letter of Invitation is necessary for certain foreigners applying for M/F visas to China, particularly those from Middle East countries. We discuss who needs to apply, the application process, and the potential risks associated with this document.
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China Unveils New Guidelines on Optimized Payment Services for Foreigners: An Overview
HR & Payroll Mar 29To optimize payment experiences for foreign visitors and businesses in China, the People’s Bank of China has recently released a set of guidelines detailing the payment methods currently accessible to foreign nationals across the mainland.
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Navigating Hong Kong’s Annual Employer’s Return: Compliance and Best Practices
HR & Payroll Mar 25The Annual Employer’s Return filing in Hong Kong begins on the first working day of April and should be completed within one month. Employers are advised to start preparations early and allocate sufficient resources to meet this tight deadline.
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Navigating Women’s Employment in China: Recent Advancements and Ongoing Challenges
HR & Payroll Mar 08China has made strides in facilitating the hiring of more women in the workforce, although gender discrimination challenges persist.
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Empowering Your China Business with Successful ERP Implementation
Published: August 20232023 might be a banner year for ERP deployment in China. Enterprises are emerging from the pandemic,... -
Human Resources and Payroll in China 2023
Published: June 2023A firm understanding of China’s laws and regulations related to human resources and payroll manage...
Technology
US-China Relations in the Biden Era: A Timeline
Apr 25Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
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China to Relax Foreign Ownership Limits in Value-Added Telecommunication Services
Technology Apr 18China has launched a pilot program in specific regions to relax foreign ownership restrictions on certain value-added telecommunication services. The program aims to attract foreign investment and boost market activity.
-
China's Draft Certification Standards for Cross-Border Personal Information Transfer (Updated)
Technology Apr 17China's standards committee has begun soliciting feedback on standards for third-party agencies to certify companies for personal information export.
-
Cross-Border Data Transfer - New Measures Clarify Security Review Requirements
Technology Apr 17China has released long-awaited measures detailing requirements for security assessments for transferring data out of the country.
-
China's Standard Contract Measures for Personal Information Export - Additional Guidelines Released
Technology Apr 17The CAC has adopted measures for the streamlined "Standard Contract" procedure for exporting personal information. Here's how it works.
-
PIPL 2023/24: Cross-Border Data Transfer in China Handbook
Published: January 2024China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in ... -
Empowering Your China Business with Successful ERP Implementation
Published: August 20232023 might be a banner year for ERP deployment in China. Enterprises are emerging from the pandemic,...
Expert Guidance about Business in Asia
Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.
Business Updates for All Asia Markets
Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
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