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Economy & Trade

EU Chamber Business Confidence Survey for Foreign Companies in China: Key Observations

07/05/2022

Despite challenges imposed by COVID-19 curbs, two-thirds of the surveyed EU businesses operating in China saw revenues grow 24 percent in 2021 compared to the previous year's survey results.

China Coronavirus Updates: Latest Developments and Business Advisory

07/05/2022

Our daily updates on the latest events as they occur, together with ongoing advisory on how best to manage your China business exposure during COVID-19.

Investing in Shenzhen: Industry, Economics, and Policy

07/01/2022

Dubbed China’s Silicon Valley, Shenzhen is a leader in tech and innovation and is one of China's friendliest cities to foreign investment.

Investing in Beijing: Industry, Economics, and Policy

06/30/2022

Beijing is the capital of the People’s Republic of China, and the country’s political and cultural center. We profile its economy, infrastructure, and policy initiatives.

How to Read China’s Latest Inflation Data and its Economic Implications

06/28/2022

We discuss why amid a global inflationary surge that is affecting consumer prices, China’s own inflation data is relatively stable.

Tax & Accounting

China’s New Stamp Tax Law to Take Effect on July 1: What are the Changes?

06/29/2022

China’s new Stamp Tax Law takes effect July 1, 2022, and will trigger simplification of tax compliance, changes to some tax rates, and new exemptions.

E-Invoicing Push in China 2022: The Fully Digitalized E-Fapiao Program Expanded

06/27/2022

We discuss the expansion of e-invoicing in China as the digital e-fapiao program widens its pilot roll-out with unique features.

China Lays Fiscal Policy Foundation for Reaching Carbon Targets

06/16/2022

A new document lays the groundwork for a financial support system to boost China's green and low-carbon development. We discuss the financial tools proposed and the industries that will benefit.

An Introduction to Doing Business in Hong Kong 2022

06/09/2022

An Introduction to Doing Business in Hong Kong 2022, the latest publication from Dezan Shira & Associates, is out now.

China's VAT Rebates Policy in 2022: Eligibility, Timeline, and Procedures (Updated)

06/07/2022

China is implementing large-scale VAT rebates in 2022. This article explains the eligibility, timeline, and procedures for applying for VAT credit refunds.

Tax Incentives Available to Businesses Impacted by the Shanghai Lockdown

05/23/2022

As China fights the latest wave of COVID-19, we summarize the Shanghai tax incentives that businesses can enjoy during the current lockdown.

Legal & Regulatory

Cross-Border Data Transfer - New Provisions Clarify Contract Procedure for Personal Information Export

07/04/2022

New draft provisions clarify how companies can export personal information by signing a "standard contract".

China Travel Restrictions 2021/2022: An Explainer (Updated)

06/28/2022

The latest China travel restrictions, including flights to China, Chinese visas, China entry requirements during Covid, and current China quarantine rules.

Green Compliance in China - How to Prepare for Environmental Regulations

06/20/2022

To meet its climate pledges, China is improving its regulatory framework to protect the environment. Here's how companies can prepare for the future of environmental regulation.

Mitigating Hidden Risks in Various Market Entry Modes

06/15/2022

Irrespective of which market entry mode is chosen, we discuss how investors should incorporate risk mitigation measures in their pre-market entry planning.

Shanghai Lifts Lockdown from June 1, 50 New Support Measures for Businesses

06/13/2022

A series of policies to stabilize foreign investment, promote consumption, and increase investment have been proposed.

An Introduction to Doing Business in Hong Kong 2022

06/09/2022

An Introduction to Doing Business in Hong Kong 2022, the latest publication from Dezan Shira & Associates, is out now.

Industries

China's Yacht Market: Opportunities and Challenges for Foreign Players

06/21/2022

China's yacht market appears well-positioned to become a prominent one, with the country's 14,484km-long coastline and a new class of millionaires.

Understanding China’s Internet Healthcare and Opportunities for Investors

06/17/2022

The growth of China's nascent internet healthcare sector is considered crucial by the government to meet the public demand for high quality health services.

China Considers Extending its EV Subsidies to 2023

06/13/2022

China EV subsidies could be extended if the government considers it necessary to stimulate the market, besides tackling slow growth in the auto industry.

What is China’s Green and Low-Carbon Plan and Why is it Relevant to Foreign Investors?

06/06/2022

In this article, we present an overview of China’s green and low-carbon plans and explain their relevance for foreign investors.

China’s Green Finance Market: Policies, Incentives, Investment Opportunities

06/02/2022

China’s green finance market is poised for growth, supported by the development of its green finance system and various government policies and initiatives.

Vocational Education in China: New Law Promotes Sector’s Growth

05/19/2022

China’s current policies offer a favorable environment for foreign investment but it is advised to conduct proper due diligence work prior to making market entry or expansion plans.

HR & Payroll

PU Letter Exemption for Z-Work Visa Applicants: Latest Updates

07/04/2022

According to various sources, effective June 6, 2022, certain categories of China-bound foreign travelers will not have to apply for a PU Letter.

China Travel Restrictions 2021/2022: An Explainer (Updated)

06/28/2022

The latest China travel restrictions, including flights to China, Chinese visas, China entry requirements during Covid, and current China quarantine rules.

China Annual IIT Reconciliation – Your Tax Owed Payment FAQs Answered

06/14/2022

We answer frequently asked questions on the payment of tax owed in China during the annual IIT settlement process for foreigners.

An Introduction to Doing Business in Hong Kong 2022

06/09/2022

An Introduction to Doing Business in Hong Kong 2022, the latest publication from Dezan Shira & Associates, is out now.

Recruiting in the Post-COVID Era – Strategies for Attracting and Retaining Talent in Asia

06/08/2022

We discuss smart recruitment strategies so enterprises can effectively navigate the shifts in work attitudes and job priorities.

Childcare Leave in China

05/31/2022

This article offers an overview of childcare leave policy in China, summarizes its recent developments in China’s different regions, and explains how childcare leave will be implemented in practice.

Technology

Cross-Border Data Transfer - New Provisions Clarify Contract Procedure for Personal Information Export

07/04/2022

New draft provisions clarify how companies can export personal information by signing a "standard contract".

E-Invoicing Push in China 2022: The Fully Digitalized E-Fapiao Program Expanded

06/27/2022

We discuss the expansion of e-invoicing in China as the digital e-fapiao program widens its pilot roll-out with unique features.

China’s Cloud Computing Market: Developments and Opportunities for Foreign Players

06/25/2022

China's cloud computing market is the fastest-growing in the world. We discuss how the industry is developing and the opportunities available for foreign businesses.

IT Compliance for Companies in China – Note Key Regulations to Build Up Efficiencies and Secure Your Brand

05/24/2022

Companies are advised to assess their compliance with technology and data security laws in China to continue operations in this market.

China Eases its Crackdown on the Technology Sector: Recent Developments

05/23/2022

Is China's technology sector out of the regulatory woods? We look at the signs and discuss the outcomes of recent meetings and language spoken by policymakers.

GDPR Versus PIPL - Key Differences and Implications for Compliance in China

05/18/2022

How different are Chinese and European data regulations? We compare the requirements under the PIPL vs GDPR and discuss steps for companies to be compliant.

Our firm Dezan Shira & Associates provides legal, tax and operational advisory across Asia.
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