The New Fapiao Legislation Explained
Effective 1st July 2017, the State Administration of Taxation extended its requirements for fapiao issuance. All companies need to add their taxpayer identification number on all issued VAT tax invoices (fapiaos) in addition to the original information. The notice was given under the Taxation Notice No. 16 of 2017.. 16 of 2017.
article, bank, business, China, Chinese, company, economics, fapiao, law, legislation, Mandarin, money, Shenzhen, tax Read More
How Important Is To Have Local Representatives In China?
While every business needs to keep a tight grip on their expenses, some investments do truly pay off. One of such investments is hiring a local company in China to represent your business here. Why? Because Chinese bureaucracy and law is of complicated and ever-changing nature. Even more importantly, here, nobody stands a chance doing paperwork over the phone. Doing business face-to-face remains the most effective and respectful after all.
article, bank, business, case study, China, client, company, customer, economics, entity, law, legislation, Mandarin, meeting, money, network, opening up a business, opening up an entity, Shenzhen, traditions, WOFE, work Read More
In China, Guanxi Can Open Many Doors – And Borders




article, border, business, cargo, case study, China, Chinese, client, company, customer, customs, freight, guanxi, Hong Kong, Mandarin, meeting, network, oil, Shenzhen, traditions, work Read More
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