Posts Tagged Rules

How to get your earned money out of China?

How to get your earned money out of China?

Getting money out of China is a question that frequently comes up. Many expatriates have their jobs and daily lives in China, saving up their hard earned Chinese Renminbi (RMB) for the future. There may come a time when some will decide to go back to their […]

China Law 2015: Compliance, compliance, compliance

China Law 2015: Compliance, compliance, compliance

‘Socialist rule of law with Chinese characteristics’ is a new slogan that was announced during the Fourth Plenum of the 18th Party Congress in October and the Central Committee promised extensive and profound changes by 2020. At the moment Xi Jinping first assumed power at the 18th […]

Advantages of setting up your business in the Chengdu High Tech Zone

Advantages of setting up your business in the Chengdu High Tech Zone

In a previous post Maxxelli Consulting provided information on the various kinds of development zones in China and the Shanghai Free Trade Zone in particular. In today’s post we will zoom in on the Chengdu High Tech Zone by providing a short introduction about the key strengths […]

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 […]

China’s New Company Law: what does it mean for FIEs?

China’s New Company Law: what does it mean for FIEs?

Primarily aiming at enforcing the reform of company establishment system in China, the amendments to China Company Law were passed by the Standing Committee of the National People’s Congress on December 28, 2013, and have become effective since March 1, 2014. The amendments include relaxation on the […]

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 […]

E-Commerce in China – Shopping for one, shopping for millions

E-Commerce in China – Shopping for one, shopping for millions

For the past two years on November 11th (also known as “Single’s Day” in China), China’s online shopping networks have witnessed a complete 24-hour blow out. During the day, Chinese people have been able to take advantage of the annual one-day online shopping extravaganza started by China’s E-commerce […]

Due Diligence: Success in China simply cannot be achieved without it (Part II)

Due Diligence: Success in China simply cannot be achieved without it (Part II)

Last week’s blog post taught us that due diligence ultimately aims to protect your investment by identifying risks connected with all aspects of particular transactions in China. In other words, due diligence verifies the reliability and creditworthiness of any party you want to work with in China. […]

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