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Chinese officials joined representatives from 67 other countries in Paris to sign a new tax agreement. This agreement, created by the OECD, will reduce Base Erosion and Profit Sharing by standardizing and upgrading existing bilateral tax treaties.

 

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Green Card

On 3 June 2017, China and the EU, on the occasion of the 19th EU-China Summit, formally announced the protection of 100 geographical indications respectively from both China and the EU.

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Beginning from 1 July 2017, taxpayers need to provide their tax identification number (TIN) for obtaining a fapiao.

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A new protocol to the 1986 Double Tax Treaty (DTT) between China and Sweden has been signed on June 5th, 2017, in Stockholm, Sweden. The protocol between the two countries includes exemption of Value Added Tax (VAT) for international transportation services.

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Setting up a Wholly Foreign-Owned Enterprise (“WFOE”) in China requires full commitment. It has to be carefully planned and many things have to be taken into consideration in order to avoid problems later on. In this article, you will find the 10 most common mistakes, which you should avoid

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franchising china

China plans to roll out a social credit system for companies operating in the country by 2020.  

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