Other Briefings
How Are US Businesses in China Doing? Key Findings from the AmCham 2023 Business Report
The recently released AmCham 2023 China Business Report underscores the formidable challenges confronting American companies operating in China today. Despite these hurdles, businesses are exhibiting cautious optimism by maintaining steady revenue expectations, and demonstrating resilience and adaptability.
China’s Cybersecurity Regulator Moves to Ease Cross-Border Data Transfer Rules
A new set of draft regulations seeking to ease China’s cross-border data transfer rules could greatly facilitate data export for foreign companies and multinationals.
Q&A: Key Points Regarding Dividends Derived by Non-Resident Enterprises in China
We list some of the most frequently asked questions that non-resident enterprises may have when obtaining dividends from China.
China Reopening After COVID: Latest Developments and Business Advisory
Our daily updates on the latest events as they occur, together with ongoing advisory on how best to manage your China business exposure during COVID-19.
Managing Tax Avoidance Arrangements in China: Practical Considerations for Businesses
We introduce tax avoidance arrangements as defined by Chinese tax authorities, discuss standard procedures for special tax investigations related to arrangements lacking reasonable commercial purposes, and provide practical suggestions for mitigating associated tax risks.
Shenzhen Extends Application Deadline for 2021/2022 IIT Subsidy to October 20
Shenzhen has extended the individual income tax (IIT) subsidy application deadline for foreign and in-demand talent to October 20, 2023, from September 30.
Greater Bay Area Resumes Preferential IIT Subsidy for Foreign Talent in 2023
The GBA’s IIT subsidy for overseas talent has officially been reinstated in 2023. We review the latest eligibility requirements for individuals to enjoy the policy.
China’s Digital Yuan App Gets a Boost: New Features Enhance Convenience for Foreign Users
China’s digital yuan app has added a new function allowing foreigners to top-up the money in their wallets before making payments, improving their experience with the e-CNY payment services.
