CHINA WFOE GUIDE
The guide is designed to support management in their work and act as a basis to answer any questions that inevitably arise, and can be purchased with or without updates. Below is an outline for what the guide covers.
PRE WFOE ESTABLISHMENT – Provides an outline of a WFOE, the different types, business scopes, naming process, leases, location of registered office, virtual address, corporate authority & appointments and an introduction to company chops.
WFOE OPERATION – A foreigner’s guide to accountancy compliance, bank accounts, small scale and general value added taxpayer status, fapiaos and required accounting software.
WFOE DISSOLUTION OR TRANSFER OF OPERATIONS – An overview of the liquidation of a WFOE and transfer of business operations.
To purchase this guide please contact us directly here.
HUMAN RESOURCES IN CHINA
The guide is designed to support management in their work and act as a basis to answer any questions that inevitably arise, and can be purchased with or without updates. Below is an outline for what the guide covers.
VISAS AND WORK PERMITS – Provides an outline of the basic visa options for foreign employees, solutions to some common visa issues and gives a step by step guide to the application processes.
INDIVIDUAL INCOME TAX – A foreigner’s guide to understanding their individual income tax exposure including for those who do not stay a full year, senior management and China tax concerns for those who receive income from a source outside of China.
EXPATRIATE SALARY STRUCTURING – How to legally minimize expatriate employee IIT exposure with tax exempt expenses and common pitfalls that employees may experience when structuring their salary package.
THE SOCIAL SECURITY SYSTEM IN SHANGHAI – An overview of the system for both foreign and Chinese employees with a run-down of the rates in Shanghai.
EMPLOYMENT CONTRACTS – Explains the differences between employment contract types and probation periods.
STATUTORY LEAVE, HOLIDAYS AND OVERTIME – Outlines what holidays there are and what employees are legally entitled to in terms of time overtime and time off
RESIGNATION AND DISMISSAL – A guide that educates employers so that employee contract terminations are initiated within the law and what are the employer’s rights are to terminate to the contract.
To purchase this guide please contact us directly here.
CHINA TAX GUIDE
The guide is designed to support management in their work and act as a basis for any questions and queries that may arise, and can be purchased with or without updates. Below is an outline for what the guide covers.
Corporate Income Tax – An overview of CIT, rates and the scenarios that they occur, business activities that can enjoy CIT exemptions or reductions, and representative office taxation
Value Added Tax – An overview of VAT, rates, calculations, making international payments, application procedures, deductible expenses, fapiaos.
Business Tax – Sources of income that are taxed under BT, tax filing procedures
Individual Income Tax – An overview of both Chinese and expatriate IIT concerns. Standard tax calculations, senior management IIT and annual IIT self-declaration
Withholding Tax – An overview of WHT, rates for selected countries, profit repatriation process (with example case)
Other minor taxes – Consumption tax, vehicle and vessel tax, motor vehicle acquisition tax, stamp tax, deed tax, land appreciation tax, resources tax, real estate tax
Tax filings and accounting compliance – An overview of the filings that a WFOE must undergo in order to remain compliant with the law
To purchase this guide please contact us directly here.
