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2025-01-10
Major changes to foreigners’ work permits in China from December 1, 2024
From December 1, 2024, there will be major changes in foreigners' work permits in China. These changes will include the integration of work permit cards, social security cards and the simplification of application procedures. In order to help everyone better understand these changes, we are clarifying some common questions and their answers.
2024-11-20
Year-End Financial Checklist for Businesses: Ensuring Accuracy and Compliance
Account Reconciliation Account reconciliation serves as a cornerstone for maintaining the integrity of financial records, essential for sound decision-making within any enterprise.
2024-09-12
New visa regulations for foreigners visiting China
Since January 2024, the Chinese government has introduced a series of new regulations for foreigners visiting China. These mainly include visa exemption policies, relaxing port visa application requirements, simplifying visa application materials, extending visa validity periods and streamlining services. We will carry out these policies as follows.
2024-07-01
Impacts of the New Company Law on Enterprises
The New Company Law, effective since July 1, 2024, introduces significant changes to the legal landscape for new and existing enterprises, including FIEs of course . In this article, we will summarize the changes which influence foreign-invested limited liability companies (FIEs as LLC) significantly and should be paid attention to.
2024-06-18
Requirements for foreigners and foreign invested enterprises to buy real estate in Shanghai
Recently, top searches on the Internet include Shanghai's home purchase policies. These policies have also led some foreigners and foreign invested enterprise in China to be interested in purchasing real estate in Shanghai.We have especially communicated with the real estate trading center staff about the qualifications for foreigners and foreign invested enterprises in China to purchase real estate. Those interested can save and share this information.
2024-01-26
The information that some foreigners in Shanghai are concerned about
We have listed the details of some of the most frequently asked questions by foreigners. We hope it will be helpful to you.
2024-01-26
Is there an age limit for foreigners to work in China
As we all know, the current legal retirement age in China is 60 years old for men and 50 years old for women. According to the Labor Contract Law and other provisions, when an employee reaches the legal retirement age, any work relationship is automatically terminated.
2024-01-12
Here is the information that foreigners are most concerned about in Shanghai
We have listed the details of some of the most frequently asked questions by foreigners, hoping it will be helpful to you.
2024-01-12
Paying service fees overseas: tax policies and compliance operations
After investing in China, how to recover profits in compliance with the regulations? Regarding this, we published an article earlier, introducing the compliance operations of foreign-funded enterprises in distributing profit dividends to overseas shareholders.
2024-01-12
Whether foreigners can continue to enjoy tax-free treatment of allowances and subsidies
In August 2023, the "Announcement No. 29 of 2023" jointly issued by the Ministry of Finance and the State Administration of Taxation announced a new extension of the preferential personal income tax policy for foreigners:
2023-02-03
Personal income tax final settlement in 2022
reminder to all individual taxpayers! Individual Income Tax (IIT) return for the year 2022 shall be completed by 30th Jun, 2023.
2023-01-05
Interpretation of the Catalog of Industries Encouraging Foreign Investment (2022 Edition)
Recently, the National Development and Reform Commission of the People's Republic of China and the Ministry of Commerce publicly released the "Catalogue of Industries Encouraged for Foreign Investment (2022 Edition)
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