Search Results for “business license”

What Can We Learn from a Business License?

Just like a birth certificate for an individual, a business license serves as a company’s identification certificate upon incorporation. It signifies the official establishment of the company and enables the completion of other formalities such as opening a bank account, tax registration, filing with the Ministry of Commerce (if necessary),…

Why Is a Business License so Important in China?

Each time, when my clients complain to me about their disputes with Chinese entities, I will ask them: “Could you show me the copy of their business license?” This is because I know that few of them can tell their counterparty’s Chinese name. Unfortunately, less than half of the clients…

Why a Competent Accountant is Crucial for Your Business

Small and medium-sized companies often opt to hire an accounting firm to assist them in maintaining accurate financial records. This decision is a wise one because bookkeeping is far from a simple task. It requires not only procedural expertise but also a thorough understanding of national tax laws, regulations, and…

Optimization of Business Environment

On Jan. 1, 2020, the Foreign Investment Law will come into effect.  In addition, the Regulation on the Optimization of Business Environment will come into effect as well, which was promulgated on October 8, 2019. This is good news for people doing business in China. Let’s look at some highlights…

A Concise Guide on Registering Copyright in China

IPR
In China, copyright is an automatic right that arises as soon as an original work is completed, without the need for registration. This protection extends to foreign authors from Berne Convention member states, including all EU member states. However, China offers a voluntary copyright registration policy that provides a certificate…