Other Briefings
China Annual (One-Off) Bonus: What is the Income Tax Policy Change?
We explain the preferential income tax treatment on annual bonus for some tax residents in China (including expatriate staff) – now extended to end of 2027.
Closing Your China Bank Accounts During Company Deregistration: New Instructions and Tips
We will delve into the recent directives disseminated to Chinese banks by the central authority, the People’s Bank of China (PBoC), outlining the stipulations pertinent to the company deregistration procedure.
A Brief Guide to Hong Kong Company Audits
We provide an overview of Hong Kong audit requirements for companies, including yearly statutory audits and audits for tax filing.
China Just Put A Financial Punishment Benchmark For Consulting Firms Who Breach Their Operational Boundaries
By Chris Devonshire-Ellis China has fined the US consulting firm Mintz Group about US$1.5 million for doing “unapproved statistical work,” according to a Beijing Municipal Bureau of Statistics notice, after a raid of its Beijing office earlier this year. The fine sets a precedence, in that the bureau said Mintz conducted 37 unapproved investigations in […]
China Issues 24 New Measures in Clear Directive to Boost Foreign Investment
New guidelines tackle challenges faced by foreign companies in China in bid to attract foreign capital.
China’s Trade and Development with BRICS: Analysis and Opportunities
With the BRICS 2023 summit now underway, we examine the China-BRICS trade dynamics By Chris Devonshire-Ellis The BRICS 2023 summit is now underway in Johannesburg, South Africa, with the Heads of State of Brazil, China, India, and South Africa all attending in person, together with significant trade delegations. The Russian President, Vladimir Putin, is […]
China’s Tourism Sector Prospects in 2023-24
Amid the post-pandemic recovery, China’s tourism sector is coming back strong in 2023. We discuss the resurgence of outbound and domestic travel, evolving traveler preferences, and latest trends.
Exporting Food Products to China: A Step by Step Guide
Read our updated step by step guide to exporting food products to China to safeguard your business against the risk of having products returned or destroyed.
