Tax Risks of Using Personal Vehicles for Business Purposes and Compliant Solutions

Tax & Accounting

Using personal vehicles for business purposes can create hidden tax risks for both employees and companies. This article explores why these risks arise and offers two compliant solutions.

Frequently Asked Questions in VAT Management in China
Tax & Accounting

Frequently Asked Questions in VAT Management in China

This China VAT Q&A addresses practical compliance issues, from invoice issuance to input tax credits. These answers help businesses navigate VAT rules confidently.

Annual Filing of Stamp Tax on Business Account Books before January 15: FAQs
Tax & Accounting

Annual Filing of Stamp Tax on Business Account Books before January 15: FAQs

China taxpayers must complete stamp tax declaration and payment by January 15 if there has been an increase in tax items, such as "paid-in capital" and "capital reserve," in the 2025 business account books.

Unlocking China's New VAT Law: Key Changes, Business Impacts, and Compliance Tips
Tax & Accounting

Unlocking China's New VAT Law: Key Changes, Business Impacts, and Compliance Tips

This article breaks down the key changes of China's New Value-Added Tax (VAT) Law, their implications for businesses operating in China, and what enterprises should do to adapt to the evolving tax landscape.

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Economy & Trade

US-China Relations in the Trump 2.0 Era: A Timeline
Economy & Trade

US-China Relations in the Trump 2.0 Era: A Timeline

Dec 19

Trump has threatened an additional 100% tariff on Chinese goods in retaliation for the expansion of rare earth export controls. This timeline was created on January 21, 2025, and was last updated on October 11, 2025.

 

Tax & Accounting

Tax Risks of Using Personal Vehicles for Business Purposes and Compliant Solutions
Tax & Accounting

Tax Risks of Using Personal Vehicles for Business Purposes and Compliant Solutions

Dec 19

Using personal vehicles for business purposes can create hidden tax risks for both employees and companies. This article explores why these risks arise and offers two compliant solutions.

 

Legal & Regulatory

Annual Compliance Requirements for Foreign NGOs in China
Legal & Regulatory

Annual Compliance Requirements for Foreign NGOs in China

Dec 11

Foreign NGOs in China must follow a strict annual compliance process involving activity plans, work reports, and inspections. Learn the key steps, risks, and strategies to ensure smooth compliance.

Industries

How Companies Can Leverage the 30% Added Value Rule in Hainan
Industries

How Companies Can Leverage the 30% Added Value Rule in Hainan

Dec 18

Starting December 18, 2025, Hainan's 30 percent added value rule enables duty-free transfers to mainland China for goods processed in Hainan. This policy creates new options for cost reduction and supply chain optimization.

 

HR & Payroll

Performance Appraisals in China: How Employers Can Legally Link It to Pay
HR & Payroll

Performance Appraisals in China: How Employers Can Legally Link It to Pay

Dec 10

Employers in China face growing scrutiny over performance appraisal systems tied to pay. Standardizing procedures and ensuring transparency can help mitigate legal risks and maintain compliance.

 

Technology

The Best Oil and Gas Software Solutions for 2026
Technology

The Best Oil and Gas Software Solutions for 2026

Dec 01

The oil and gas industry is shifting to AI, predictive analytics, cloud computing, IoT sensors, and robotics to reduce downtime, optimize wells, and improve safety.

 

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