HONG KONG Every year, Hong Kong Companies shall complete the profit tax return and submit it to Inland Revenue Department, and usually it’s a coming peak for accounting and audit. Profit Tax ReturnsRead More
The American Chamber of Commerce in China said that a US-China travel fast-track program, which allows for US business people and their families to travel more easily to China amid the COVID-19 pandemic, officially became effective onRead More
Lin-gang Special Area At the beginning of New Year 2022, as the business investment agency, Elite Stage was invited to take part in 2022 China (Shanghai) Pilot Free Trade Zone Lin-gang Special Area InternationalRead More
Negative List China will continue to shorten the negative list for market access this year, as part of the country’s ongoing efforts to optimize its business environment and introduce greater opening-up, according to analysts. The government’sRead More
the Customs Tariff Commission of the State Council (‘the commission’) will adjust import and export tariffs on selected goods in 2022 in a bid to support high-quality development and opening up, the Ministry of Finance (MOF)Read More
To encourage exports, the Chinese government formulated and implemented a series of policies of which the export tax rebate is one of the most important. For trading companies in China, it should pay more attention on export taxRead More
Whether an audit is effective or not makes a big difference in a company’s governance and development in the long run, though it is not easy to identify the audit effectiveness right after the process.Read More
China healthcare industry is currently ranked the second largest in the world behind the US. The market has grown at a consistently rapid rate in the past five years, and in 2019, the market reached RMB 7.82 trillion,Read More
Whether you are going to open your very first bank account for your Hong Kong company or you have luckily opened a few corporate accounts already, to know what it takes to maintain your bank accounts is criticalRead More
If a foreigner working in China changes his employer, he shall first cancel his existing work permit. After cancelling the original work permit, the application for a new work permit shall be completed within three months from the dateRead More
