Other Briefings
China to Loosen Publishing Laws
Mar. 9 – China is set to permit private investors to take a role in mainland publishing, the first time this will be permitted since the Communist party came to power in 1949. China’s General Administration of Press and Publication stated last year that it would dilute the monopoly held by state publishing companies and […]
China Curbs Property Speculation to Avert Real Estate Bubble
Mar. 8 – Whether or not it is an appropriate time to launch a property tax and curb skyrocketing housing prices in China has aroused hot debate at the annual sessions of the National People’s Congress, China’s top legislature, and the Chinese People’s Political Consultative Conference, the top advisory body. China reintroduced a nationwide real […]
Chris Devonshire-Ellis on China RO vs. FICE
Op/Ed Commentary: Chris Devonshire-Ellis and Richard Hoffmann Mar. 5 – Recent changes in China’s tax treatment of representative offices in the country have started to push the viability of using RO as a vehicle of “investment” into China in terms of increasing financial pressure. While often stated as being an “investment” vehicle, alongside wholly foreign-owned […]
Chris Devonshire-Ellis: Expatriates Going Offshore in China Contracts? Think Again
Op-Ed Commentary: Chris Devonshire-Ellis and Richard Hoffmann Mar. 5 – One symptom of the tightening of China’s economy and the impact of labor law is an increasing desire by Chinese employers to offset or reduce potential liabilities with their expatriate employees, such as expatriates employed by domestic Chinese companies being asked to establish an offshore […]
Seminar in Beijing Reviews 2010 China Tax Requirements
Mar. 5 – The Singapore Chamber of Commerce, the Danish Chamber of Commerce and the Israel Chamber of Commerce hosted an event on 2010 annual tax compliance and audit requirements for individuals and small and medium sized enterprises at the Westin Hotel in Beijing yesterday. Keynote speaker Sabrina Zhang of Dezan Shira and Associates presented […]
SAT Increases Deemed Profit Rates for Representative Offices in China
Mar. 4 – Representative offices are no longer exempt from corporate income tax in China according to a recently issued circular by the State Administration of Taxation. Guoshuifa [2010] No. 18, issued on February 20, 2010, explicitly stipulates that ROs shall pay corporate income tax on their taxable income, as well as sales tax and […]
New Issue of China Briefing Magazine: Operational Due Diligence in China
Mar. 2 – In this new issue of China Briefing, we take a look at operational due diligence issues and how to kick a China business’s tires. First, we delve into some of the operational, financial and HR issues that anyone investing in China should be aware of. From establishment issues to key operational functions […]
China Prenuptial Agreements and Wills Involving Foreign-owned Assets
By Richard Hoffmann and Lily Gao Mar. 1 – A sad, but inevitable question that occasionally raises its head in China is the position over wills and probate concerning the division of assets within a marriage involving a foreign national and a Chinese national, where one of the spouses dies. In such instances, a China […]
