In this edition of China Outbound, we provide a range of resources for expanding your import/export business beyond China and into India and Vietnam, including an overview of the economic drivers between China, ASEAN and India, and practical business intelligence for choosing a sourcing vehicle for China and Vietnam and trading with Vietnam.
Hong Kong’s Advanced Pricing Program allows companies to get clarification from the tax authorities on whether a transaction is considered transfer pricing. These agreements become possible once Hong Kong has a DTA with the country or countries in question.
This week’s regulatory update covers the tax relief measures in Hong Kong, adjusted minimum wage levels in Guangdong province and preferential tax policies for private nursing homes.
Opportunities abound for the dental care industry in China. Living standards are rising and people are becoming more aware of dental health care issues. At the same time, the number of people in China with dental problems is shockingly high, but not enough dentists to meet rising demand.
China has limitations in place on how much RMB you can convert into and from foreign currencies, as well as how much money you can send abroad. There are several ways to remit your savings back home. This article discusses the most common, and some of the less orthodox ways of doing so.