Other BriefingsFiling Individual Tax Returns in Hong Kong: A Complete Guide
Hong Kong's Inland Revenue Department has issued the Individual Tax Return for the year of assessment 2023/24. Individual taxpayers are advised to start preparations early and allocate sufficient resources to meet the deadline.
China Monthly Tax Brief: April 2024
Highlights from this monthly China tax brief include a new tariff law, extended IIT payment period for listed company equity incentives to 36 months, streamlined foreign exchange management rules, and guidance for individuals handling overseas tax and fee liability.
China's Machine Tool Industry: Market Trends and Opportunities
China's machine tool industry, with a market value surpassing RMB 200 billion (approximately US$27.86 billion), heavily depends on foreign imports, creating diverse opportunities for global collaboration and investment, bolstered by substantial government incentives.
China Announces Industrial Equipment Upgrading Action Plan
China announced an ambitious action plan for industrial equipment upgrading, which aims to drive technological innovation and economic growth through extensive investment and regulatory support. We highlight the key details and takeaways from the plan.
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Tianjin Free Trade Zone Releases China’s First Negative List for Cross-Border Data Transfer
Legal & Regulatory May 14 -
Filing Individual Tax Returns in Hong Kong: A Complete Guide
Human Resources & Payroll May 14 -
A Guide to Minimum Wages in China (Last Updated on May 14, 2024)
Human Resources & Payroll May 14 -
US-China Relations in the Biden Era: A Timeline
Economy & Trade May 14 -
China’s New Tariff Law: Consolidating and Codifying Existing Tariff Regulations
Economy & Trade May 13
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Economy & Trade
US-China Relations in the Biden Era: A Timeline
May 14Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
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China’s New Tariff Law: Consolidating and Codifying Existing Tariff Regulations
Economy & Trade May 13China's new Tariff Law consolidates prior rules on import and export duties and codifies measures for imposing counter-tariffs on imported goods.
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China-United Arab Emirates (UAE): Bilateral Trade and Investment Outlook
Economy & Trade May 10China is among the UAE's top commercial partners; both benefit from booming bilateral trade and investment cooperation on major BRI projects.
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China Reopening After COVID: Latest Developments and Business Advisory
Economy & Trade May 07Our 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.
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China Takes Top Spot on Emerging Asia Manufacturing Index 2024
Economy & Trade May 06China tops the Emerging Asia Manufacturing Index 2024, a report enabling investors to assess China’s strengths and weaknesses in the manufacturing sector within the broader Asia-Pacific context.
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Beyond a Mega City: Investing in China’s Mega City Clusters
Published: August 2023
Doing business in China has undergone significant changes in the past few years. With mounting chall... -
An Introduction to Doing Business in Hong Kong 2023
Published: April 2023Doing Business in Hong Kong 2023 introduces the fundamentals of investing in Hong Kong. Compiled by ...
Tax & Accounting
Filing Individual Tax Returns in Hong Kong: A Complete Guide
May 14Hong Kong's Inland Revenue Department has issued the Individual Tax Return for the year of assessment 2023/24. Individual taxpayers are advised to start preparations early and allocate sufficient resources to meet the deadline.
-
China’s New Tariff Law: Consolidating and Codifying Existing Tariff Regulations
Tax & Accounting May 13China's new Tariff Law consolidates prior rules on import and export duties and codifies measures for imposing counter-tariffs on imported goods.
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China Monthly Tax Brief: April 2024
Tax & Accounting May 08Highlights from this monthly China tax brief include a new tariff law, extended IIT payment period for listed company equity incentives to 36 months, streamlined foreign exchange management rules, and guidance for individuals handling overseas tax and fee liability.
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Tax Incentives for Manufacturing Companies in China in 2024
Tax & Accounting May 07China implements a wide range preferential tax policies for manufacturing companies, including VAT rebates, reduced corporate tax rates, and R&D incentives.
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Shenzhen’s Qianhai Cooperation Zone Expands Preferential IIT and CIT Policies
Tax & Accounting Apr 30The Shenzhen Municipal Tax Bureau, Shenzhen Municipal Finance Bureau, and State Tax Administration have issued two notices broadening tax incentives for individuals and companies in the Qianhai Cooperation Zone.
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A Quick Guide to Accounting and Audit in China 2024
Published: November 2023With businesses operating in a growing volatile, unexpected, complex, and ambiguous (VUCA) world, fi... -
Human Resources and Payroll in China 2023
Published: June 2023A firm understanding of China’s laws and regulations related to human resources and payroll manage...
Legal & Regulatory
Tianjin Free Trade Zone Releases China’s First Negative List for Cross-Border Data Transfer
May 14The Tianjin Free Trade Zone has released China's first data Negative List outlining the types of data that must undergo a security review by China's cybersecurity bureau to be transferred out of China.
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China Introduces New Policy Measures to Facilitate the Movement of Residents
Legal & Regulatory May 09China's National Immigration Administration has introduced a range of measures to simplify entry and exit procedures, extend business stays, and address tourism needs, aligning with the vision of a more integrated Greater Bay Area.
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China Announces Industrial Equipment Upgrading Action Plan
Legal & Regulatory Apr 19China announced an ambitious action plan for industrial equipment upgrading, which aims to drive technological innovation and economic growth through extensive investment and regulatory support. We highlight the key details and takeaways from the plan.
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China to Relax Foreign Ownership Limits in Value-Added Telecommunication Services
Legal & Regulatory Apr 18China has launched a pilot program in specific regions to relax foreign ownership restrictions on certain value-added telecommunication services. The program aims to attract foreign investment and boost market activity.
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China's Draft Certification Standards for Cross-Border Personal Information Transfer (Updated)
Legal & Regulatory Apr 17China's standards committee has begun soliciting feedback on standards for third-party agencies to certify companies for personal information export.
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PIPL 2023/24: Cross-Border Data Transfer in China Handbook
Published: April 2024China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in ... -
Cross-Border Dispute Resolution in China
Published: October 2023Cross-border disputes have been increasing in China in recent years, particularly since the onset of...
Industries
Understanding the Relaunched China Certified Emission Reduction (CCER) Program: Potential Opportunities for Foreign Companies
May 03We note key aspects of the Certified Emission Reduction (CCER) Program relaunched by China and investment prospects for foreign stakeholders.
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New Business Prospects in China’s Waste Recycling Market
Industries May 02We discuss how establishing a waste recycling system is aligned with China’s broader conservation strategy and push for a circular economy.
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China’s New Measures to Support Foreign Investment in Sci-tech Firms
Industries May 01China seeks to attract sci-tech foreign investment by relaxing rules, fostering partnerships, and enhancing the investment climate.
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Key Considerations for Entering China’s Healthcare Market
Industries Apr 29The healthcare market in China presents an alluring opportunity for global investors, but it is highly regulated and fiercely competitive. We discuss key business prospects and strategic considerations for foreign investors.
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Hong Kong’s Cosmetics and Skincare Market - Trends and Industry Overview
Industries Mar 19The Hong Kong skincare market is dominated by international trade, while new trends in bespoke product formula, emphasis on 'clean beauty', and online commerce present emerging opportunities.
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Investing in China's Greater Bay Area: Tapping into Long-Term Opportunities
Published: April 2023Investing in China's Greater Bay Area: Tapping into Long-Term Opportunities is designed to introduce... -
Investing in China’s Healthcare Sector
Published: March 2023China is a highly promising market for the global healthcare industry, boasting immense size, divers...
HR & Payroll
Filing Individual Tax Returns in Hong Kong: A Complete Guide
May 14Hong Kong's Inland Revenue Department has issued the Individual Tax Return for the year of assessment 2023/24. Individual taxpayers are advised to start preparations early and allocate sufficient resources to meet the deadline.
-
A Guide to Minimum Wages in China (Last Updated on May 14, 2024)
HR & Payroll May 14Coming into 2024, Henan, Jiangsu, and Zhejiang, Hubei, Ningxia, Jiangxi, and Liaoning has released their new minimum standards.
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How to Get a Certificate of No Criminal Record in China - A Guide for Foreign Residents
HR & Payroll Apr 22We explain how foreign residents can obtain a certificate of no criminal record in China, using the city of Shanghai as an example.
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Verification Letter of Invitation Requirement in the China Visa Process: A Brief Guide
HR & Payroll Apr 10A Verification Letter of Invitation is necessary for certain foreigners applying for M/F visas to China, particularly those from Middle East countries. We discuss who needs to apply, the application process, and the potential risks associated with this document.
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China Unveils New Guidelines on Optimized Payment Services for Foreigners: An Overview
HR & Payroll Mar 29To optimize payment experiences for foreign visitors and businesses in China, the People’s Bank of China has recently released a set of guidelines detailing the payment methods currently accessible to foreign nationals across the mainland.
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Empowering Your China Business with Successful ERP Implementation
Published: August 20232023 might be a banner year for ERP deployment in China. Enterprises are emerging from the pandemic,... -
Human Resources and Payroll in China 2023
Published: June 2023A firm understanding of China’s laws and regulations related to human resources and payroll manage...
Technology
Tianjin Free Trade Zone Releases China’s First Negative List for Cross-Border Data Transfer
May 14The Tianjin Free Trade Zone has released China's first data Negative List outlining the types of data that must undergo a security review by China's cybersecurity bureau to be transferred out of China.
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US-China Relations in the Biden Era: A Timeline
Technology May 14Timeline tracking key developments affecting US-China bilateral trade and business engagement under the Joe Biden administration.
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China to Relax Foreign Ownership Limits in Value-Added Telecommunication Services
Technology Apr 18China has launched a pilot program in specific regions to relax foreign ownership restrictions on certain value-added telecommunication services. The program aims to attract foreign investment and boost market activity.
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China's Draft Certification Standards for Cross-Border Personal Information Transfer (Updated)
Technology Apr 17China's standards committee has begun soliciting feedback on standards for third-party agencies to certify companies for personal information export.
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Cross-Border Data Transfer - New Measures Clarify Security Review Requirements
Technology Apr 17China has released long-awaited measures detailing requirements for security assessments for transferring data out of the country.
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PIPL 2023/24: Cross-Border Data Transfer in China Handbook
Published: April 2024China’s PIPL and cross-border data transfer (CBDT) frameworks require that companies operating in ... -
Empowering Your China Business with Successful ERP Implementation
Published: August 20232023 might be a banner year for ERP deployment in China. Enterprises are emerging from the pandemic,...
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Dezan Shira & Associates is a pan-Asia, multi-disciplinary professional services firm, providing market entry, legal, accounting, tax, HR, technology and operational advisory to international investors.
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Asia Briefing publishes articles, magazines, and guides on doing business in Asia. Dezan Shira & Associates has produced the publication since 1999.
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