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In this issue of China Briefing Magazine, we outline the various sourcing models available for foreign investors - representative offices, service companies and trading companies - and discuss how to decide which structure best suits the sourcing needs of your business.
China released the “Administrative Measures for Authorized Tax Collection” on May 10, which stipulates the scope and conditions of authorized tax collection. Detailed information can be found here.
China issued the “Approving Measures for the Establishment of Senior Care Institutions” and the “Administrative Measures for Senior Care Institutions” on June 3. The two draft rules clarify the establishment conditions of senior care institutions and allow foreign investors to set up such institutions in Mainland China. Detailed information can be found here.
China released the “Announcement on General Taxpayers Recognition under the BT to VAT Pilot Conversion in the Transportation Industry and Some Modern Service Industries” on May 31. Detailed information can be found here.
China released the “Circular on Further Promoting the Sound and Rapid Development of E-commerce” on April 15, 2013, which puts forward 14 measures to promote the development of the E-commence industry in the country. Detailed information can be found here.
Jiangsu Province released the “Announcement on Tax Collection Standards” on May 31, which unifies the tax collection standards across the province. Detailed information can be found here.
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