With the second largest economy in the world and rapid advancement, China is increasingly becoming a coveted market for Western companies who are
E-Commerce in China – What You Must Know
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
Mergers and Acquisitions in China: How To Sucessfully Manage Staff Layovers
Successful Mergers and Acquisitions (M&A) are sometimes possible after companies carefully plan and execute a deal. These deals are often the
CRS in China – What Foreign Businesses and Individuals Need to Know
The Chinese government implemented new anti-tax evasion regulations in September, 2018. These rules dictate that certain information must be exchanged
Bank Accounts in China for Foreigners
Like many areas, China has many restrictions related to the establishment of a bank account for a foreigner. Many foreigners find this process
China Accounting Standards CAS and IFRS
When you decide to expand your business to China, you will likely want to complete market research to determine if your product or service will
What You Need to Know About Moving Money In and Out of China
China has very strict rules related to taking money in and out of the country. These rules regulate the actions of individuals who are attempting to
China Social Security System Explained
Many businesses wonder “does China have social security?” Like most industrialized countries, China does have a social security system. The
What You Need to Know about the China 5-Years Tax Rule
Many employers recruit foreign workers to work at their China-based companies. The promise of new opportunities, involvement in an interesting culture
Chinese Imported Wine Market Declined in 2018
According to the Chinese Customs Statistics, wine importation in 2018 has declined at a significant level. The poor numbers for the fourth quarter
What Is an Umbrella Company and How it Eases Global Expansion
An umbrella company is sometimes used by professionals who work in other countries in conjunction with other parties. They solve many legal
Understanding Employment Probation Periods in China
Foreign businesses that wish to hire employees in China must jump through many hurdles, including making employment contracts that are recognized
3 Advantages Why to Use a PEO Instead of a Distributor in China
When doing business in China, foreign companies have long been working with local distributors to manage their business operations. In case the
Securing Residence Permits for Employees in China – What Employers Need to Know
When hiring employees in China, it is important that you understand the immigration and labor laws related to this action. Additionally, many foreign
What Is a Fapiao in China and How to Get One
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
How to Get a Chinese Hukou for your Employee
A hukou allows immigrants to receive the same legal recognition and treatment as permanent residents in the country. Foreign employers may be
China Eliminates Tariffs on Australian Wine, Impacting Exports in 2019
Tariffs on Australian agricultural products have been reduced or fully abolished under the China-Australia Free Trade Agreement (Ch. AFTA) since January
How to Increase Your Revenue through Contractor Management Outsourcing
Contractor Management Outsourcing (CMO) became a vital trend in the global expansion industry. Using these services allows international companies to