Blog

The Changing Dynamics of Shopping Festivals in China

Are high-profile shopping events like 618 and Double 11 still the most effective way for brands to gain traction? Or is there a shift...

China's Position in the Global Competition for Next-Generation EV Batteries

From BMW and Toyota to Panasonic, Samsung, and BYD, companies around the world are in a heated competition to develop the ultimate...

China's Economic and Sports Sector Benefits from the Paris 2024 Olympics

The Paris 2024 Olympics present China with a significant chance to elevate its global image, increase trade, and expand its market...

China’s Strategy to Stimulate Consumer Spending

Despite recent upticks in consumer spending driven by events like the Olympics and the Qixi Festival, China's economic landscape still...

China’s Intellectual Property Protection Development

China’s journey in strengthening its intellectual property (IP) protection has been marked by significant progress and evolving...

Implementation of the Registered Capital Management System under the Company Law of China

China has recently updated its regulatory framework with the State Council’s Provisions on the Implementation of the Registered Capital...

China's Six-Year Rule for Foreigners: Key Points for 2024

In 2019, China introduced a significant change to its individual income tax (IIT) system by implementing the “six-year rule” for...

China Introduces Tax Incentive for Green and Digital Equipment Upgrades

China has introduced a new tax incentive aimed at encouraging companies to invest in digital and smart upgrades of specific equipment....

Navigating IFRS 18

The introduction of IFRS 18 has brought about significant changes that businesses must now incorporate into their financial reporting and...

Hong Kong Introduces 5% Tax Break on Qualified IP Income with New Patent Box Regime

On July 5, 2024, the Government of the Hong Kong Special Administrative Region implemented the Inland Revenue (Amendment) (Tax...

Manufacturing and Distribution of Fashion Goods in Hong Kong Q&A

Hong Kong, as a global hub for trade and commerce, plays a significant role in the fashion industry, particularly in the manufacturing...

Three-Dimensional Trademarks in China

Three-dimensional trademarks have become increasingly significant as a means for companies to distinguish their brands with unique shapes...

Hiring in China

Understanding China's laws and regulations regarding human resources and payroll management is crucial for foreign investors establishing...

Entrepreneur Visa

Since 2018, China has been trialing the Entrepreneur Visa (创业签证), officially known as the 'Private Residence Permit (Entrepreneurship)...

Annual Leave and Public Holidays in China

Statutory annual leave in China is determined by an employee's total work tenure, not just their time with the current employer. The...

Withholding Tax in China

Navigating the complexities of withholding tax in China is essential for non-resident enterprises engaging in business within the...

Transfer Pricing in China

Transfer pricing is a key international tax issue that significantly impacts many businesses, particularly multinational corporations. In...

Tax Incentives in China

Financial incentives play a crucial role in business decisions, sometimes even determining whether an international company will enter...

Individual Income Tax (IIT) in China

Individual Income Tax (IIT) applies to all individuals, both Chinese and foreign nationals, who live in China or earn income from China....

China’s Property Tax: Current Practices and Future Reforms

Despite its rapid urbanisation in recent decades, China remains one of the few countries without a comprehensive recurrent tax on...