Common Restructuring Options for Businesses in China
Restructuring your China business will ensure your company is more streamlined, risk resilient, agile, and competitive in the market.
Preparing for Annual Tax Reconciliation in China in 2021: FAQs
We answer some frequent queries regarding the annual tax reconciliation preparation in 2021 in China and offer professional insights into best practices.
Why it is Essential for Technology to Power Your Company’s Accounting
Technology-powered tools are increasingly empowering business accounting processes as finance and accounting technology is no longer a costly investment.
Annual Audit in China: Why it’s Important and How to Get Started
Given the ongoing pandemic, foreign invested enterprises in China will benefit from regular audit reporting that will reduce their risk exposure and help their financial management.
China Clarifies Duty Exemption Policy for Foreign Investment in Encouraged Industries
China’s customs authority recently clarified the duty exemption policy on equipment, technology, accessories, and spare parts imported for self-use purpose.
E-Invoice Management in China: How Companies Can Stay Compliant
We discuss how China businesses can stay compliant while bookkeeping and archiving e-fapiao for reimbursement and avoid triggering additional tax costs or penalties.
China to Launch Electronic Special VAT Invoice Nationwide
Special VAT e-fapiao are now being implemented in more regions and can be accepted by fapiao recipients across the country.
China Clarifies Deadlines for Filing Tax Returns in 2021
China’s State Taxation Administration issued a circular clarifying the specific deadlines for filing tax returns in 2021.