Debt Collection in China
In China, the only formal way to force a debtor to pay his outstanding debts is through litigation (or arbitration). While never…
New Criminal Standards Target Illegal Foreign Exchange Traders
One of the challenges for foreign companies to operate in China, is the restriction on foreign exchange, with limitations on why, how…
The 3 key factors when registering a foreign company in China
There are many articles about setting up a foreign company in China, often also called WFOE (wholly foreign-owned enterprise) or FIE (foreign-invested…
IIT Regulations Clarify the Tax Treatment for Expatriates in China
In October 2018, China’s Ministry of Finance proposed the draft changes to the Implementing Regulations of the IIT Law, to become effective…
Revolutionizing Foreign Investment in China
Since the early 1990s, welcoming foreign investment has been one of the cornerstones for China's economic development, while at the same time…
RMB Bank Accounts for Foreign Companies Trading with China
On a recent trip to Europe, several clients asked me about the possibility of establishing Chinese currency (“RMB”) accounts in Hong Kong…
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