China’s new IIT regime includes revised tax brackets, expanded deductibles, and new residency rules for those without domicile in the country.
Profit repatriation from China is a concern for foreign companies with subsidiaries in the country. We discuss the common repatriation methods and key considerations for businesses.
Many companies looking at the Chinese market choose to establish a holding company or special purpose vehicle to hold their Chinese investments.
We briefly examine China’s new tax concessions for its elderly care industry, childcare, and domestic services and the opportunities and challenges for investors.
We explain China’s updated import and export tax rates and duties, and highlight key issues that foreign companies should take note of.
In China, a fapiao is a legal receipt that serves as proof of purchase for goods and services. The larger fapiao invoice system, however, is an essential component of China’s tax law, and compliance for businesses.
China continues to announce a variety of support measures for its high-tech industries amid a protracted trade war with the US.
Hong Kong and Australia have formalized their trade relationship, with a new FTA and Investment Agreement signed on March 26, 2019.