Run with the Money: Repatriating Cash from China

For foreign companies with subsidiaries in South China, repatriating cash from their China company has always been an important and challenging issue. There are several ways of repatriating cash from

Labor Disputes: Don’t Be the next Yue Yuen

A recent labor strike caused by disputes over welfare payments for employees at Yue Yuen Industrial, a shoe manufacturer in Dongguan, has again put a spotlight on labor disputes in

Dongguan Business: A Regulatory Briefing

Policies for Cultural Enterprises On April 2, the State Council released the regulations aimed at supporting the development of cultural enterprises. Preferential business tax (BT) will replace preferential value-added tax

Minimizing the Risk: Falsely Issued Invoices in China

In June of last year, news broke that China’s official import and export totals had been grossly inflated via invoice fraud, with actual estimates half those of official figures. In

Dongguan Q & A: Business Answers

Q: Why is Dongguan often referred to as the “world’s factory?” A: Beginning in the late 1970s, manufacturing enterprises from Hong Kong and Taiwan were attracted to Dongguan by its

VAT Reform in China: And Its Implications

The pilot reform of the VAT system represents tax saving opportunities for many taxpayers, but increased tax burdens for others. For service providers in China who are now registered as

Holiday Schedule 2014: Updated after Citizen’s Say

After growing discontent with the public holiday schedule, China’s Office of National Holidays conducted an online poll to determine the holiday schedule for 2014. A notable issue for most foreigners

China’s Social Insurance System

How Does it Affect Expat Lives? China’s Social Insurance Law provides that foreigners working in the country are required to participate. In September 2011, the MHRSS further promulgated the Interim

The A to Z: Costs of a WFOE in China

The Taxman WFOEs are considered resident enterprises in China and, just as other domestic companies, their profits are subject to corporate income tax (CIT), which is generally 25 percent. Businesses

The Latest in Dongguan: Foreign Direct Investment News

Whether you have a company looking to expand into Dongguan or one that has been established for years, attention paid to changing regulatory procedures allows companies to avoid penalties and