Other Briefings
China’s New Policy for VAT Credit Refund for Some Advanced Manufacturers
General industry and advanced manufacturing industry taxpayers in China will benefit from new policies related to the refund of end-of-period VAT credit. We unscramble the new policy announcements here.
What You Need to Know about China’s New IIT Regime
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
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.
Establishing a Hong Kong Holding Company for Your Business in China
Many companies looking at the Chinese market choose to establish a holding company or special purpose vehicle to hold their Chinese investments.
China’s Tax Concessions for Elderly Care, Childcare, and Domestic Services Industries
We briefly examine China’s new tax concessions for its elderly care industry, childcare, and domestic services and the opportunities and challenges for investors.
China’s ‘Fapiao’ Invoice System Explained
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 Extends Tax Breaks for Circuit Design, Software Enterprises as Trade War Drags On
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 Sign New FTA
Hong Kong and Australia have formalized their trade relationship, with a new FTA and Investment Agreement signed on March 26, 2019.
