2021-11-12

China Green Card or we called China PR is issued to those who are going to reside in China permanently. Before if you want to apply the China green card, the access threshold is very high. So in shanghai, there are 170,000+ foreign expats living and working in shanghai, but only less than 10K person successfully got the China permanent residence. Right now, there is a good news from 1st July 2015, Shanghai public security bureau relax the China green card's policy. Right now more and more foreigners have the benefit to apply it. Who will get benefit from the new China Green Card's policy?

2021-08-06

According to Article 19 of the Chinese Patent Law, foreigners, foreign companies, or other foreign organizations that do not have a habitual residence or place of business in China apply for patents in China, or have other patent matters that need to be handled, they shall entrust a patent established in China according to law Agency agency.

2021-07-15

When you want to develop your apps in China, do you find that the application environment in China is different from that in the West and that there are strict controls over releasing the apps and games? Or when you submit your apps to the app market, you will be required to provide related qualifications, such as Computer software copyright. That’s what most overseas developers often face, so there is an article about how to obtain the copyright.

2021-06-01

If you're running a small business in China—or thinking of starting one—you may be leaving serious money on the table. The Chinese government has just extended and enhanced a series of generous tax relief policies aimed squarely at supporting small and micro enterprises. These incentives could dramatically cut your tax bill, reduce compliance burdens, and free up capital for growth. Here's what you need to know—and how to take full advantage.

2021-06-01

Since the full implementation of the Work Permit System for Foreigners Working in China nationwide on April 1st, 2017, it has played a positive role in facilitating foreigners' working in China and standardizing management. To explain the system in a more concise and accurate way, the State Administration of Foreign Experts Affairs (SAFEA) made this "Illustrated Work Permit System" in both Chinese and English versions to present to our readers.

2021-04-11

All companies in China have to pay value-added tax ( “VAT” ) based on their taxable revenue. According to related taxation laws of China, VAT taxpayers are categorized into general taxpayers and small-scale taxpayers based on their annual taxable sales.Taxpayers with annual revenue exceeding the ceiling set for small scale taxpayers must apply for general taxpayer status. The current ceiling for all companies is 5 million RMB a year.

2021-04-11

As a foreigner working in China, you may encounter all kinds of legal issues. We are here in presenting the top six frequently asked questions and provide answers below:1.Q:Employees can’t terminate their employment contract, otherwise they have to pay a penalty, correct? A：Incorrect, you can terminate the employment contract legally by sending a 30 day’s written notice without facing any penalty.

2021-04-11

As of January 1, 2019, a new system of individual income tax in China is going to be formally implemented. As expats working or doing business in China, what should you know about the new law?1. Who should pay and what income will be included?1) Expats have resided in China for accumulative183days or more in one tax year shall be resident individuals. Resident individuals shall pay IIT on their income gained within or outside China.2) Expats have resided in China for less than accumulative183day

2021-04-11

All expats working or doing business in China must be careful with your tax issues now, ask yourselves the following questions or check with your accountant or tax attorney about your tax status in China:1.Am I a tax payer?Expats who have resided in China for 183 days or more cumulatively within a tax year, shall be deemed as resident individuals, all income from China and overseas shall be subject to individual income tax.For expats who have resided in China for less than 183 days cumulatively

2021-03-30

With that being said, there are some preliminary things you need to do before you eventually file your trademark. A thorough research has to be undertaken to understand what kind of text/graphic can be registered as a trademark in line with the Trademark Law of the PRC, already before you have the logo designed or consider a logo officially and initiate your marketing campaign. The following tips might be valuable:I. The text must not be forbidden by law.1. It must not be identical or similar to

2021-03-30

Small-and medium-sized companies, usually hire an accounting firm to help them balance the books. This is a smart move. Hiring an experienced accountant full-time may not be necessary for every small company. However, “bookkeeping” is not as simple as some people might think. It’s not only a procedural job rather it necessitates a correct understanding of national tax laws and regulations and experience in the application of local tax policies. In other words, it’s a professional job

2021-03-30

In mainland China, business is not allowed to be done in residential property. This means you have to rent an office to run your company or lease a virtual official address for registration purpose.

2020-11-08

With the implementation of the "temporary entry visa policy for foreigners" on March 28, if foreigners need to enter China, they must apply for a visa from Chinese embassies and consulates abroad. Only people with a visa issued after March 28 can enter China.

2020-10-13

Normally the Business License of Representative Office is valid for three years. You prepare and submit all necessary documents 2 months before it is expired.

2020-10-13

General information about taxation in Hong Kong. The direct taxes of the government are profits tax, salaries tax and property tax. Hong Kong operates a territorial basis of taxation under which only profits or income arising in Hong Kong are taxable. The current corporate profits tax rate is 17.5%. There is no tax on capital gains. Salaries tax is imposed on income arising in Hong Kong from any office or employment. Tax payable is calculated on a sliding scale that progresses from 2% - 15%.Property

2020-10-13

To form a limited company, 1 or more persons (natural and legal persons) may subscribe to the memorandum of association and submit the memorandum, together with other required documents, to the Companies Registry.I. Registration of the Company:1. Choose an intended company name.2. Check the intended company name:The applicants must go to the Companies Registry to check whether the intended company name is the same as one already registered. If yes, the intended company name must be changed.3. Su

2020-10-13

What are the advantages of using limited companies to engage in commercial activities in Hong Kong?Limited companies are companies with limited liabilities. From a legal perspective, a limited company is a separate legal entity and thus has the capacity to institute proceedings against others or vice versa. Since the liability of shareholders is limited to the nominal value of their shareholdings, the maximum possible loss of the shareholders could only be the total sum of their investments.

2020-10-12

How to get a legal work visa, Z VISA and residence permit in mainland China, here we list all procedure and requirements documents if you are applying for a work visa and residence permit in mainland China.

2020-10-11

Shanghai Free-Trade Zone (Shanghai FTZ) or Shanghai Pilot Free-Trade Zone was officially opened it's door since August 22, 2013. It is the first Free-Trade Zone in China. Since 2017, it becomes one of the most popular destnations to do business in China among our overseas clients. On March 31, 2017, there are 7 more new Free-Trade Zones have been approved in Liaoning, Zhejiang, Henan, Hubei, Sichuan, Shaani and Chongqing. Among them, Shanghai Free-Trade Zone is the best in our opinion.

2020-10-11

Condition(s):Our suggested minimum registered capital for consulting WFOE, Service WFOE, IT WFOE: USD$ 50,000 or Euro35,000. (The capital doesn't nessesary to be deposited in the bank account)Below is the required documentation for Shanghai Free-Trade Zone company formation. (Item 1,2,7,8 should be prepared before visiting China:CHECKLIST:1. 2x Certificate of Incorporations, Articles of Formation or Equivalent document certified by Chinese embassy or Chinese consulate overseas [UK , US, HK,