Other Briefings
China’s Strategy for Overseas Investment in the 15th Five-Year Plan
China’s new Five-Year Plan signals a more cautious, technology-driven approach to overseas investment, with greater emphasis on protecting Chinese assets abroad.
China Monthly Tax Brief: March 2026
March 2026 saw intensive regulatory activity across China’s tax and customs regime, with new national and local policies reshaping incentive access and compliance expectations. FIEs should closely assess both emerging risks and streamlined opportunities arising from these reforms.
A Guide to Global Minimum Tax in Hong Kong – Compliance Requirements for MNEs (Part II)
In-scope MNEs must designate filing entities, align GloBE calculations with local requirements, and secure Pillar Two Portal access ahead of the first deadlines.
China Customs Compliance Alert: GAC’s New Credit Management Rules Effective April 1
China’s Customs has implemented new enterprise credit management rules effective April 1, 2026, replacing the 2021 regime. The reforms affect all importers and exporters, with material implications for compliance strategy, risk exposure, and access to customs facilitation benefits.
Hong Kong Employer’s Return 2026 Opens: Are You Ready?
Hong Kong’s Employer’s Return filing season begins April 1 with the issuance of Form BIR56A by the IRD. Employers must prepare accurate staff remuneration disclosures and submit them on time to avoid penalties.
Annual CIT Reconciliation in 2026: Key Areas to Focus
China’s annual CIT reconciliation is one of the most important tax compliance obligations for businesses operating in the country. Filing accurately and early in 2026 can help companies reduce audit risk, avoid penalties, and optimize the use of available tax incentives.
Is WFOE Still the Right Corporate Structure for China in 2026?
A wholly foreign‑owned enterprise (WFOE) remains the preferred entry structure for many foreign investors in China in 2026, provided the target sector permits full foreign ownership and the business requires direct operational control.
Entering Hong Kong: Operational Roadmap for Chinese Mainland Enterprises
Hong Kong continues to play a critical role for Chinese Mainland enterprises pursuing internationalization and cross‑border growth. This article provides a structured overview of the operational steps, regulatory considerations, and strategic advantages of establishing a presence in Hong Kong.
