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.
China’s New Measures to Optimize Credit Management on Tax Payment
Starting November 1, 2020, tax authorities will implement four measures to optimize China’s credit evaluation system for taxpayers.
Profit Repatriation from China: Compliance Procedures for Outbound Payments
China has specific compliance requirements for each channel the foreign invested entity may choose in order to make outbound payments.
Lower Corporate Tax Rate in Lingang New Area of Shanghai FTZ: Eligibility Criteria
Eligible enterprises engaged in four key technology industries – integrated circuits, AI, biomedicine, and civil aviation – will benefit from the reduced tax rate.