Blog

Starting December 1, 2024, China’s Foreigner’s Work Permit will be integrated into the country’s social security card. This change...

On November 15, 2024, the Ministry of Finance (MOF) and State Taxation Administration (STA) announced adjustments to export tax rebates,...

From December 1, 2024, the annual confirmation process for individual income tax (IIT) special additional deductions begins. Individuals,...

Expanding into China presents an enormous opportunity for U.S. companies due to the country’s vast consumer market, strong manufacturing...

Managing finances in China can be complex, especially for foreign companies unfamiliar with local tax regulations and reporting...

Transferring shares in a Hong Kong private company is a common practice for various business needs, such as bringing in new investors,...

Effective cost management is integral to sustaining profitability and growth in a competitive market like China. Financial analysis and...

The National Immigration Administration (NIA) of China has introduced significant changes to its visa-free transit policy, effective...

The Hong Kong Special Administrative Region (HKSAR) has announced the official list of general holidays for 2025, offering a total of 17...

In the ever-evolving medical device sector, companies face significant challenges in managing their financial operations, especially when...

In today's global business environment, companies must navigate various legal requirements to operate efficiently, particularly regarding...

China remains a vital global manufacturing hub, supplying a wide array of goods to international buyers. Despite its rapid economic...

On November 15, 2024, China’s General Administration of Customs (GAC) released a draft of the amended Measures for the Supervision and...

China has introduced a comprehensive strategy to enhance its attractiveness as a destination for foreign investment. The Foreign...

On November 10, 2024, the PRC State Council announced amendments to the Measures for National Public Holidays and Memorial Days, set to...

Hong Kong has long been recognised as a leading global financial centre and continues to strengthen its position as a dynamic business...

On October 16, 2024, Hong Kong Chief Executive John Lee delivered the annual policy address titled "Reform for Enhancing Development and...

In 2023, China’s EdTech market reached approximately US$57.3 billion, marking a robust 14.17% year-over-year growth. The sector has...

China has launched a pilot program to eliminate the 50 percent foreign ownership cap on data centers and other value-added telecom...

In China, legal contracts can be concluded electronically. The Civil Code recognises that contracts can be formed in writing, orally, or...