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Showing 8 of 4995 articles
  • by Reading Time: 5 minutes

    Investors guide to the Dalian Development Zone

    By Adam Livermore DALIAN, Oct. 1 – Located further up the peninsula from the city center of Dalian, the development zone has turned into a major metropolis in its own right with a population of around 350,000. Normally it takes about 45 minutes to make the drive from the development zone to the Dalian city[…..]

  • by Reading Time: 2 minutes

    From Dongguan to Shenzhen, how IIT for foreigners is still a confusing issue

    By Lily Xu and Rosario Di Maggio/Dezan Shira & Associates  GUANGZHOU, Sept. 30 – Individual income tax (IIT) in China is a complex subject and often misunderstood. Ask one expatriate, then ask another, and they’ll give you different opinions. However unfortunately, expatriates do not decide China’s tax regulations. Neither is the situation short of clarity[…..]

  • by Reading Time: 3 minutes

    Double taxation agreement for Hong Kong and mainland China in effect for 2007 tax year

    By Stefanie Knirsch and Richard Hoffmann/Dezan Shira & Associates In August 2006, China and Hong Kong signed an arrangement that provides certainty and preferential tax treatment between the two tax jurisdictions, known as the “Arrangement for the Avoidance of Double Taxation on Income and Prevention of Fiscal Evasion”. Since 1995, Hong Kong has been seeking[…..]

  • by Reading Time: 1 minute

    New IIT systems for expatriates come online in Shenzhen

    By Eugenia Wu/Dezan Shira & Associates SHENZHEN, Sept.28 -The Shenzhen tax bureau has changed its IIT declaration systems for companies with high payments. The two new systems – IIT withholding and Yi Cai Shui (easy tax) – came into effect in July, 2007. The Yi Cai Shui system transmits data from IIT withholding to the[…..]

  • by Reading Time: 2 minutes

    Local labor rules come into conflict with new national law

    By Cathy Gao/Dezan Shira & Associates SHANGHAI, Sept. 26 – Currently in China, labor contracts are regulated by the Labor law of the PRC and over 25 separate employment contract regulations by individual provinces and cities. These current regulations and rules are now being challenged by the recently passed Contract Labor, set to take effect[…..]

  • by Reading Time: 1 minute

    IIT rules for expatriates in Hangzhou change

    By Helen Ye/Dezan Shira & Associates  HANGZHOU, Sept. 26 – We have been seeing a lot of variations locally on how the individual income tax (IIT) regime has been administered for expatriates, and Hangzhou, just west of Shanghai, is a perfect example of this. Previously in Hangzhou, it was permissible to have an agent, not[…..]

  • by Reading Time: 4 minutes

    An investors guide to Dalian

    By Adam Livermore DALIAN, Sept. 26 – Dalian is a city attracting a great deal of attention right now. Particularly newsworthy is the US$2.5 billion investment by Intel in a new semiconductor plant, and the expansion of the High-Tech Zone – Dalian is set to become the Bangalore of China. Major multinationals are spearheading the[…..]

  • by Reading Time: 2 minutes

    Vote for Amcham China’s chairman to carry the Olympic torch!

    By Chris Devonshire-Ellis BEIJING, Sept. 25 – Jim Zimmerman, chairman of Amcham China, has just done a wonderful thing and entered into the China Daily newspaper competition to select four foreigners living in China to carry the Olympic torch amongst the many locals selected as it nears Beijing for the opening ceremony. As the competition[…..]

Showing 8 of 4995 articles