Search Results for “business license”

Why A Good Accountant Is So Important

Small and medium-sized companies, usually hire an accounting firm to help them balance the books. This is a smart move. Hiring an experienced accountant full-time may not be necessary for every small company. However, “bookkeeping” is not as simple as some people might think. It’s not only a procedural job…

Application for Residence Permit for Work

employment law, general
Foreigner who enter China with Z Visa and come to work in China shall apply for work-type of residence permit within thirty (30) days from the date of their entry. When applying for a residence permit for work the applicant is obliged to answer relevant inquiries and submit the following…

IIT in China, Rumors and Solutions…

company law, tax
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)…