Other Briefings
Common Internet Challenges in China: An Overview
Foreign companies operating in China will inevitably face challenges with internet connectivity. The impact that this has on foreign firms should not be underestimated. Here, we discuss some of the key challenges that foreign companies face.
China Regulatory Brief: Two-child Policy and China Advance Pricing Arrangement Annual Report
In this week’s China Regulatory Brief, we discuss the country’s two-child policy and local rules in Guangdong province, China Advance Pricing Arrangement Annual Report (2014), and the new online payment regulations in China.
China’s Annual Audit and Compliance Requirements
According to PRC Company Law, all Foreign Invested Enterprises (FIEs) in China, including Wholly Foreign Owned Enterprises, Joint Ventures and Representative Offices (ROs), are required to comply with the statutory annual audit and other compliance processes.
China to Adapt as TPP Deal Spells Opportunities for the United States & Asia
China is set to lose out as the United States Senate voted on June 23rd to allow the much-vaunted Trans-Pacific Partnership free trade deal to go ahead. That senate deal effectively paved the way for the TPP to progress unimpeded and prevents Congress from interfering with negotiated trade agreements.
The New Free Trade Zones Explained, Part IV: Fujian
China recently launched three new FTZs in Guangdong, Tianjin and Fujian. In this last part of the Free Trade Zone series, we concentrate on the Fujian FTZ, which is mainly aimed at strengthening the economic ties with Taiwan and further opening up its financial sector for foreign investors.
China Eases Currency Controls, Allowing Free Exchange of Foreign Currency Capital
China became the world top destination for foreign direct investment (FDI) in 2014 and is moving toward a more open foreign exchange market. Foreign companies will be allowed to convert their foreign exchange capital into RMB from designated banks in unlimited amounts starting June 1.
Tax Holes in China – From Trading To Manufacturing
Chris Devonshire-Ellis discusses some of the tax issues relevant to foreign investors. He points out how lack of awareness of crucial tax issues may end up being costly for foreign investors.Staying informed of these issues can significantly impact the bottom line.
Hong Kong’s Advance Pricing Arrangement Program
Hong Kong’s Advanced Pricing Program allows companies to get clarification from the tax authorities on whether a transaction is considered transfer pricing. These agreements become possible once Hong Kong has a DTA with the country or countries in question.
