Other Briefings
Common Errors in Accounting, Tax, Forex Management of FIEs in China
Foreign invested enterprises in China should note these common errors to optimize their internal finance processes and get the most out of their annual audit.
China Extends Pretax Deductions for Companies’ Advertising Expenses by Five Years
China is extending companies’ pretax deduction for advertising and business publicity expenses from January 1, 2021 to December 31, 2025.
China Optimizes Prepayment of Individual Income Tax by Some Taxpayers
China has optimized the prepayment of individual income tax by some taxpayers starting January 1, 2021. We discuss eligibility and calculation of IIT.
Annual Audit and Compliance in China: Prepare for 2021 – New Issue of China Briefing Magazine
In this edition of China Briefing Magazine, we walk foreign businesses through the annual audit and compliance process from start to finish.
Chinese Accounting Standards for Business Enterprises: Prepare for Changes in 2021
From January 1, 2021, several new accounting standards regarding revenue, leases, and financial instruments will apply to entities that have adopted CAS.
Managing Risks Within Joint Ventures in China
We present two JV case studies based in China and discuss how foreign investors can mitigate their risks, including exposure to fraudulent activity.
Restructuring Your China Business to Outperform in the New Normal – New Issue of China Briefing Magazine
In this edition of China Briefing Magazine, we walk foreign investors through the different considerations when restructuring their China businesses.
Permanent Establishment Risks in China amid COVID-19: A Case Study
We provide a detailed case study-based analysis of the possible PE and tax residence risks in China in the context of the COVID-19 pandemic.
