Posts Tagged Policy

How does overseas franchising work in China

How does overseas franchising work in China

Over the past two decades western and local franchise brands have expanded rapidly throughout China, encouraged by the country’s large population and strong economic growth. However, in the early 1990s due to the lack of comprehensive franchise laws and regulations, low quality goods and services characterized the […]

China signs the Belt and Road agreement with over 30 countries

China signs the Belt and Road agreement with over 30 countries

The origins of the Belt and Road agreement can be traced back to the Silk Road, established during the Han dynasty and used frequently from 130BCE. The road connected China with the Roman Empire, stretching from Chang’an (now Xi’an) in the east to the Mediterranean in the […]

Understanding China’s Personal Income Tax System

Understanding China’s Personal Income Tax System

As a consulting firm based in China we often get questions about personal income tax law (PIT). Frequently recurring topics are whether someone needs to pay tax, applicable tax rates and tax deductions. Therefore, in order to give you a better understanding of how PIT works in […]

What is the most optimal way to repatriate your profits out of China?

What is the most optimal way to repatriate your profits out of China?

Introduction Finding the most efficient way to repatriate your company’s profits is essential for any firm operating in China. The following article will give general guidelines about commonly used ways to repatriate profits and lower tax burdens. We will discuss the money transfer from Company A, a […]

Social welfare benefits for Chinese employees

Social welfare benefits for Chinese employees

Your business plan is ready and you have a nice office setup, now it is time to get started and execute your plans. As a start-up company, you could be playing the roles of HR, finance, marketing and sales department all together. In order to increase efficiency […]

Home Buying 101: How Can Foreigners Buy a House in China?

Home Buying 101: How Can Foreigners Buy a House in China?

Imagine you have lived in China for six months, and you are tired of having to pay rent. You begin to consider the possibility of purchasing an apartment for you and your family to live. Understanding the voluminous amount of Chinese regulations imposed on foreigners, you start […]

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