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Water Resource Tax Reform in China
Effective Date : December 1, 2024 Issuing Authorities : Ministry of Finance (MOF), State Administration of Taxation (SAT), and Ministry...
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Key Updates to China's Administrative Measures for Taxation on Imported and Exported Goods
Effective Date : December 1, 2024 Issuing Authority : General Administration of Customs (GAC), Decree No. 272 China's General...
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How to Register a Company in Hong Kong
Registering a company in Hong Kong is a straightforward process, thanks to its pro-business environment, efficient administrative...
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Case Study: Empowering a British Food and Beverage Company in Hong Kong through Woodburn's Corporate Services
In the competitive food and beverage industry, companies often seek to expand their footprint into new markets. This case study explores...
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Why Hiring a China Accountant is Essential for Business Success
Navigating the financial and regulatory complexities of operating in China requires expert guidance. Whether you’re setting up a new...
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Understanding China Income Tax
As businesses expand into China, understanding the country’s tax and audit requirements is essential for compliance and financial...
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Evolving Trends in Company Registration in Hong Kong
Hong Kong has long been regarded as one of the most business-friendly jurisdictions in the world, attracting entrepreneurs and...
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2024 Wage and Payroll Statistics in Hong Kong
As Hong Kong’s economy continues to evolve in 2024, the latest wage and payroll statistics paint a promising picture of steady growth...
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Leveraging Employer of Record (EoR) Services for Seamless Expansion into Hong Kong
Expanding into Hong Kong, one of Asia’s premier business hubs, is an exciting opportunity for companies aiming to grow their presence in...
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Adapting to Hong Kong's Labour Market Trends: Effective Payroll and Human Resource Strategies
Hong Kong’s dynamic labour market reflects the city’s role as a global business hub. Rapid economic shifts, changing employee...
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The Role of Accounting and Tax Services Amidst Hong Kong's Economic Shifts
Hong Kong remains a key player in the global economy, consistently ranked as one of the most competitive and open financial hubs....
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Navigating Hong Kong's Evolving Financial Landscape: Implications for Business Registration and Compliance
Hong Kong has long been recognised as a global hub for commerce and finance, offering a business-friendly environment characterised by...
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Maximising Tax Benefits: China's One-Off Deduction Policy for Fixed Assets
China's tax regulations offer a significant incentive for businesses through the one-off deduction policy for fixed assets. This policy...
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China's E-Fapiao Expansion
China has been progressively implementing a fully digitalized electronic invoicing system, known as e-fapiao, to modernize its tax...
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China's Trade Trends 2024-25
In the first ten months of 2024, China's foreign trade exhibited notable growth, with the total value reaching RMB 36.02 trillion...
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Changing your Legal Representative in a China based company
Is your company considering a change in its legal representative in China? Whether prompted by corporate restructuring, a leadership...
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Tax Treatment of Capital Reductions in China
The amended PRC Company Law, in China was effective from July 1, 2024, introduces significant changes to corporate governance in China....
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Setting Up a Travel Agency in Hong Kong
Setting up a travel agency in Hong Kong is an exciting opportunity, leveraging the city's thriving tourism industry and strategic...
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China Public Holidays 2025
China observes a range of public holidays, including traditional festivals and statutory celebrations. The public holidays for 2025 in...
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How to Set Up a Recruitment Agency in Hong Kong: Step-by-Step Guide
If you’re planning to establish a recruitment agency in Hong Kong, understanding the legal requirements, including obtaining a...
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