Tag: Accounting

Company chops are an essential part to the handling documents and managing internal and external affairs when doing business in China....

Our managing partner Raoul Schweicher takes a look back on China's economic development in 2021 and shares his insights on the...

This article highlights the difference between IFRS and Chinese GAAP and how this may cause difficulties for foreign-invested companies in China.

We discuss how the State Administration of Foreign Exchange works, what their responsibilities are and how the SAFE impacts foreign companies...

We discuss what a fapiao is, how it is different from an invoice, how to use fapiaos and where their importance...

In China, foreign-invested enterprises are required to maintain a reliable record of accounting in accordance with Chinese accounting laws and principles...

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