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Work Permit for Foreigners

January 24, 2019

Generally speaking, expats need to get an Work Permit to work in China, unless they hold a Foreign Expert Certificate. Enterprises must apply for an Employment License after submitting the necessary documents such as resumes, qualification certificates and health certificates. This is true even if the expatriate is the owner…

Tax Reduction in China-More Details

News, tax

January 22, 2019

On 18th of Jan, 2019, the General Taxation Administration and Ministry of Finance of PRC jointly announced an Notice on Implementing Inclusive Tax Relief Policies for Small and Micro-profit enterprises, following the tax reduction statement released after the State Council executive meeting on Jan 9, 2019. Over the past two…

Why Is a Business License so Important in China?

China business basic, company law

January 16, 2019

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…

Tax Deduction for IIT-More Details

News, tax

January 16, 2019

In our previous post about IIT, we mentioned there is six items of special additional tax deductions which could be deducted from the taxpayer’s income, that is: children’s education, continuing education, medical treatment for serious diseases, housing loan interest, house rent, and support for the elderly. Now let’s see more…

WFOE Formation in China—Simplified Now

company formation, company law

January 14, 2019

As we mentioned in our previous blog: Wholly Foreign Owned Entity- WFOE formation in China is more simpler, easier and faster now. The following aspects have changed. 1 ) No more minimum registered capital requirement. Actually, there has been no minimum registered capital requirement for company formation since 2014，as the…

Tax in china – Reduction in 2019!

News, tax

January 12, 2019

To encourage the development of small and micro-profit enterprises, the Business Tax in China is also undergoing positive reforms. In this regard this year china has decided to roll out a new batch of tax-reduction policies. Related to this, a statement was released after the State Council executive meeting on…

Two Ways of Trademark Registration in China

IPR, Trademark

January 7, 2019

1. Trademark registration, international way vs national way For overseas applicant, there are two ways to do trademark registration in China. China is a party to World Intellectual Property Organization (WIPO). So companies can submit trademark application to the WIPO International Bureau through the office of origin. This application will…

IIT in China, Rumors and Solutions…

company law, tax

January 6, 2019

It’s 2019 now. Discussion over the new IIT law is still ongoing and all kinds of rumors could be heard. One rumor says that “banks will report any expat account with a balance over 5000RMB”. It’s really absurd, in my opinion. Obviously, the source mixed the updated IIT threshold (5000RMB)…

Trademark Registration in China – Procedure

Trademark

January 2, 2019

As discussed in our previous blog, it is best to apply a first-to-file approach for trademark registration in China. In this post, we are going to share the procedure for trademark registration in China. After reading this article you will know for sure what to pay attention to. 1. Find…

Individual Income Tax in China – How to Pay in 2019?

News, tax

December 28, 2018

As of January 1, 2019, a new system of individual income tax in China is going to be formally implemented. As expats working or doing business in China, what should you know about the new law? 1. Who should pay and what income will be included? 1) Expats have resided…

Work Permit for Foreigners

Tax Reduction in China-More Details

Why Is a Business License so Important in China?

Tax Deduction for IIT-More Details

WFOE Formation in China—Simplified Now

Two Ways of Trademark Registration in China

IIT in China, Rumors and Solutions…

Trademark Registration in China – Procedure

Individual Income Tax in China – How to Pay in 2019?

China Law Help

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