Insights

Key Takeaways As a major international investment center, companies must know how to send and receive money from China.  In

Key Takeaways Capital gains tax in China applies to profits from selling assets such as property and shares. The provisions

Key Takeaways Digital yuan is a digital currency, fixed to the value of the yuan and backed by China’s central

Key Takeaways When entering the China marketplace or doing business there, it is crucial to choose the right business structure

Double taxation treaties are agreements between two countries that aim to prevent the same income from being taxed twice. As

Navigating the complexities of doing business in China can be challenging, especially when deciding on the optimal market entry vehicle.

As reported by Chinese Premier Li Qiang during the World Economic Forum, China’s economy demonstrated robust growth, surpassing the government’s

China’s economy has been a cause of significant speculation throughout the latter half of 2023, marked by a decline in

Setting up a company in China involves navigating various legal processes and requirements, and one critical document in this process

Dear Clients, Partners and Friends, As we step into this new chapter of 2024, I find myself reflecting on the

The State Taxation Administration made an announcement on the 21st of December 2023, regarding the tax filing and payment deadlines

As 2023 draws to a close, we take a look at some of the more prominent articles that provided highlights

No more posts to show

Are you considering starting a business in China or expanding your products and services to the Chinese market? Whether you

With more services being streamlined, accounting has been no exception and with cloud accounting business owners, shareholders and managers are

Most business owners are taking full advantage of automation capabilities, with advancements in the accounting industry being no exception. From

China aims to strengthen regulations in the certified public accounting sector, this is according to statements made by China’s Deputy

This article highlights the difference between IFRS and Chinese GAAP and how this may cause difficulties for foreign-invested companies in
In China, foreign-invested enterprises are required to maintain a reliable record of accounting in accordance with Chinese accounting laws and
Most companies in China must meet several monthly, quarterly and annual tax deadlines and compliance requirements. This article will discuss
A challenge for foreign companies in China is to determine how to repatriate their profits out of the country. This

Navigating the complexities of doing business in China can be challenging, especially when deciding on the optimal market entry vehicle.

As reported by Chinese Premier Li Qiang during the World Economic Forum, China’s economy demonstrated robust growth, surpassing the government’s

China’s economy has been a cause of significant speculation throughout the latter half of 2023, marked by a decline in

Dear Clients, Partners and Friends, As we step into this new chapter of 2024, I find myself reflecting on the

As 2023 draws to a close, we take a look at some of the more prominent articles that provided highlights

Found at the heart of China, Hangzhou stands out as a hub for technology and digital infrastructure. With its affluent

In recent decades, China’s economic ascent has solidified its status as a major global economic power.  As the world’s second-largest

Within China you need to use the official company chop to validate documents and operate a business. This article summarizes

On November 24th, the Ministry of Foreign Affairs announced a trial initiative to facilitate increased travel in China by extending

In recent decades, China’s economic growth has transcended national boundaries, leaving a lasting imprint on the global stage. The substantial

Recently, the State Council unveiled the public holiday schedule for the approaching year 2024, and you can find the official

In most countries around the world, healthcare is one of the most thriving and lucrative sectors of the economy and

No more posts to show

When setting up an entity in China, there are a whole range of crucial decisions that need to be made

It is no longer required to follow a set of specified registered capital limits but it is still important to

A trading company is one of the most popular forms of business entities in China for foreign investors, mainly because

There are many reasons why a foreign invested company may decide to suspend their Chinese business activities. This can be

Just like the CEO, the role of a CFO is vital to a company’s success. Their expertise in business finance

A trademark represents, identifies, and differentiates a brand from others. It protects the image and intellectual property of a business

Want to learn about a China Joint Venture and how it works? We have all the information you need on
Foreign companies that wish to do business in China, can set up a foreign invested company to enter the Chinese
A primary objective for foreign companies in China to manage compliance is to maintain control over their Chinese operations and
When foreign investors are considering establishing a company in China, deciding on the right market entry vehicle or in other
The establishment of a Branch Office can be an efficient and cost-effective way to expand a company's business to other
China's Negative List for foreign investment provides guidance and governs industry sectors in which foreign investment is prohibited or restricted.
No more posts to show

One of the most challenging elements for foreign investors to manage their Chinese operations is to ensure sufficient and appropriate

Working hours in China are systematically different from other business cultures. To effectively set up and maintain business operations in

In order to hire employees in China employers must follow certain HR compliance matters. One important question that we frequently

China is one of the most sought-after countries for foreign investment because of its enticing policies, competitive labor rates, and

China’s labor laws and regulations have been implemented and developed with the intention to protect employees and their interests in

Navigating the Remote Business Landscape There has been a remarkable learning curve for the business world around remote and hybrid

When hiring employees in China, it is crucial for foreign businesses and employers to know the different kinds of leaves

Employees in China have certain employment rights when an employer wishes to conduct layoffs, restructure or liquidate a company, according

In China, a foreign company must have a registered legal entity in the country before it can hire either local

Whether you are looking for a job in China, thinking of starting a business or simply want to better understand

Finding a way to hire and pay employees for a business venture in China can be a cumbersome task. Even

Understanding Labor Law During China’s 2022 Lockdown Following the sudden recent escalation in COVID-19 cases throughout China, many regions and

China’s employment termination law is stricter than most countries since the government places a great deal of focus on employee

No more posts to show

Setting up a company in China involves navigating various legal processes and requirements, and one critical document in this process

The business landscape in China is constantly evolving, offering substantial opportunities for foreign enterprises. With its expansive consumer base, growing

In 2021, China enforced 2 new laws that deal with data privacy and security. These laws have been implemented to

The People’s Republic of China levies a wide range of taxes including income related taxes such as Corporate Income Tax
We discuss how the State Administration of Foreign Exchange works, what their responsibilities are and how the SAFE impacts foreign
The Foreign Investment Law is an effort to further reform the Chinese economy and aims to promote foreign investment by
China has lowered employer contributions to the country's Pension Fund. These significant reductions to employer social security contributions may be
China has recently implemented changes and reforms to the Individual Income Tax (IIT), the Value Added Tax (VAT) and Corporate
As of February 12th, 2021, the year of the Ox commences in China. In this article, we explain the importance
Due to the outbreak of COVID-19, 2020 has been a challenging year for most businesses. The changing business climate caused
Please participate in the 2020 Sino Benelux Business Survey. With your help, we will answer the question how Benelux companies
On behalf of the entire team of MS Advisory we wish everyone Happy Chinese New Year. In this article we
The past year has again shown that in China the only constant is change itself. We have created an overview
We elaborate on the consequences for businesses if they have received a negative rating or have become blacklisted, or rewards
Although the Chinese Corporate Social Credit System does not introduce many new regulations, the enforcement of existing regulations will be
The Chinese Corporate Social Credit System aims to create a self-regulating market by assessing companies based on ratings and compliance
As of September 9, 2019, the Moore Stephens International Network has decided to change its brand name from "Moore Stephens"
This article provides a comprehensive overview of China's Social Credit System including the current state of the Social Credit System,
Please participate in the Sino Benelux Business Survey 2019. With your help, we will answer the question how Benelux companies
From all of us at MS Advisory, we wish you a Happy New Year and prosperous Year of the Pig!
No more posts to show

The State Taxation Administration made an announcement on the 21st of December 2023, regarding the tax filing and payment deadlines

Businesses involved in international transactions in China need a clear understanding of China’s withholding tax system. If a company is

At the end of the fiscal year, all foreign companies must complete the annual audit and other annual compliance procedures

China stands as a bustling epicenter for businesses across a wide range of industries, for foreign investors to partake in

Be sure to request our Special Report on Taxes in China – 2023 here! With the Chinese government attempting to

At the very end of 2022, the Chinese government issued some updates to the current Value Added Tax (VAT) tax

China’s Corporate Income Tax Law regulates taxation for both local and foreign-owned companies. Foreign companies are taxed based on their

In accordance with Chinese tax legislation, every company operating a subsidiary in the country is obligated to fulfill monthly tax

In order to attract high-skilled and urgently needed talents, the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) introduced a preferential individual

In light of the constantly changing tax and regulatory environment, and in an effort to provide a better understanding of

China’s VAT system is widely considered to be quite a complex system. Over the past few years, it has undergone

Since the outbreak of Covid-19, the Chinese government has implemented various support measures to assist, especially small and medium-sized, enterprises

No more posts to show