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AEO Certification Series (I) The Customs Credit System that You Might Not Have Noticed

China - October 21 2020 It is believed that most enterprises are no stranger to customs authorized economic operator (AEO) certification, and probably understand that this is…

Anderson Lam, Doris Ho, Windson Li.

China Enforces Tax Collection on Employees Working for Chinese-invested Enterprises Overseas

China - October 16 2020 According to recent press articles, a number of overseas subsidiaries of Chinese state-owned enterprises (SoEs) have started to inform their Chinese…

Anderson Lam, David Smail, George Li, Helen Colquhoun, Johnny Choi, Windson Li.

Trade war escalating: China will blacklist "unreliable entities"

China, USA - June 14 2019 The Ministry of Commerce of China (MOFCOM) announced in a press conference on May 31, 2019 that the Chinese government will introduce an "Unreliable…

Peng Tao, Windson Li.

Country Specific - China

China - May 31 2019 China further reduced its standard VAT rates to provide a domestic boost to its manufacturers struggling under the US-China trade war. Effective from…

New PRC Individual Income Tax (IIT) Rules for Non-PRC-Domiciled Individuals Effective 2019

China - May 1 2019 To provide further clarity on the PRC individual income tax (IIT) treatments for non-PRC-domiciled individuals under the Amended PRC IIT Law1 and its…

Doris Ho, Emma Yang.