Globalization provides tremendous benefits to businesses and societies alike, including improved living standards, increased innovation, and access to
If you are considering expanding your business to another country, you may have considered setting up a foreign company in your targeted location.
As our world becomes more connected, savvy companies are starting to venture into markets outside their home countries. They’re creating new branches
According to Mc. Kinsey, China added, “the equivalent of the entire Australian economy to its GDP” in 2019 alone. China is also making a concerted
China is becoming an increasingly attractive option for foreign companies wishing to expand, but many businesses encounter complex obstacles that act
Currently, the buzzword in doing business in a foreign country is “International PEO.” A company that intends to bring their business to another
China has various taxes and duties that apply to imports and have a significant effect on the overall pricing scheme and ability to obtain a profit
With the second strongest consumer market in the world and an affordable workforce, China is an attractive option for startups and businesses wishing
What is Labor Dispatch? According to the International Labor Organization (ILO), the term “labor dispatch” refers to the practice of hiring employees
China Foreigner’s Permanent Resident Identity Card Phasing Out Old Foreigner’s Permanent Residence Card: What to Know
As part of a push to replace the former Foreigner’s Permanent Residence Card, the Ministry of Public Security began issuing a new and improved card.
At New Horizons Global Partners, it is important for us that our readers stay up to date on the latest changes in Chinese legislation and regulations.
The following guide explains how to get a Chinese Work Permit and a Residence Permit in order to legally work in China. We can handle this procedure
With around 40% of China's wine being imported, foreign wineries and wine distributors have been presented with an enormous opportunity for expansion.
Getting the Business M Visa for China Required Documents – Exception per countries – Application from Hong Kong The Business Visa (M Visa) is
China’s president recently announced several economic initiatives during the G20 Summit. Among these initiatives are six new pilot free trade zones.
China boasts one of the largest unified economies, has an influx of business, a built-in base of a billion possible consumers and a ready
As the nation’s leading trading nation and a GDP of more than $10 trillion, China is an attractive option for business expansion. However, companies
Operating a small business is often expensive and requires time away from the core competencies of the business. For these reasons, many small and
With the second largest economy in the world and rapid advancement, China is increasingly becoming a coveted market for Western companies who are
China’s e-commerce industry has resulted in significant growth during the last five years. The Chinese economy is thriving, and more than one billion
Successful Mergers and Acquisitions (M&A) are sometimes possible after companies carefully plan and execute a deal. These deals are often the
Like many areas, China has many restrictions related to the establishment of a bank account for a foreigner. Many foreigners find this process
When hiring employees in China, it is important that you understand the immigration and labor laws related to this action. Additionally, many foreign
A fapiao is a tax receipt. It serves as proof that a person paid for goods and services. It is an essential part of the Chinese tax system and may be
A hukou allows immigrants to receive the same legal recognition and treatment as permanent residents in the country. Foreign employers
Contractor Management Outsourcing (CMO) became a vital trend in the global expansion industry. Using these services allows international companies to
Importance of the Four Asian Tigers when Selecting a Market for Global Expansion The four Asian tigers refer to some of the strongest economies in
The People’s Republic of China is increasingly being sought after because of its strong economy, making it one of the world’s most attractive
Unlike in other countries, the law in China requires that only one person – either the chairman of the board of directors, the executive director, or
The ‘Employer of Record’ (EOR), sometimes known as the local Employer of Record, is a third party contracted to take responsibility for all formal