Tax & Accounting

Cost Reduction Strategies in China – New Publication Out Now

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In this issue of China Briefing magazine, we delve into the most effective cost-reduction strategies observed in Chinese business practices, encompassing both immediate cost-saving measures and long-term approaches to boost operational efficiency and competitiveness.

Shenzhen Reopens GBA IIT Subsidy Applications for 2024

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The GBA IIT subsidy for foreign talents has officially kickstarted in Shenzhen. The city will accept relevant applications from May 15, 2024, to June 15, 2024.

Asia Transfer Pricing Brief: Q2 2024

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In our Asia Transfer Pricing Brief for Q2 2024, we present the latest updates and new guidelines on transfer pricing from Malaysia, Singapore, and the OECD.

China Monthly Tax Brief: August 2024  

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In this monthly China tax brief for August 2024, we spotlight policies and measures just announced or scheduled for implementation.

Tax Filing for Outbound Payments in China: A Complete Guide

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When an individual or organization in China makes a single outbound payment to overseas entities that exceeds the equivalent of US$50,000, the payer must complete tax filing for outbound payments with the local branch of the STA, with limited exceptions.

China’s New Circular Eases Taxpayer Relocation

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China’s State Taxation Administration will streamline taxpayer relocation from September 1, 2024, with proactive guidance, simplified procedures, and enhanced post-relocation services.

China Manufacturing Tracker: 2024-25

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Our new tracker providing continuous updates of key economic and growth indicators in China’s manufacturing industry.

Stay Alert: Guide to Preventing New Types of Fraud for Financial Staff

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New types of fraud targeting corporate finance personnel are diverse and continuously evolving with technological advancements. We explain the common fraud methods and strategies to prevent unnecessary losses.

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