Don’t be Fooled by a Foreign Partner

Doing business in China is not easy. However, a local partner may help you navigate the Chinese business landscape easier. With a good partner you won’t have to worry about most of the headaches that come with the climate. A local partner can help you understand the law of the land, Chinese culture, especially with…

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A synopsis of the tax system in the PRC (part 6 of 6)

Background When a sourcing project gets to a certain size, it often makes sense to set up a permanent presence on-the-ground in China to help manage the supply chain.  This series of blog posts covers some of the key areas of consideration when it comes to setting up in China. Profit Repatriation Foreign investors may…

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A synopsis of the tax system in the PRC (part 5)

Background When a sourcing project gets to a certain size, it often makes sense to set up a permanent presence on-the-ground in China to help manage the supply chain.  This series of blog posts covers some of the key areas of consideration when it comes to setting up in China. Individual Income Tax China has…

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A synopsis of the tax system in the PRC (part 4)

Background When a sourcing project gets to a certain size, it often makes sense to set up a permanent presence on-the-ground in China to help manage the supply chain.  This series of blog posts covers some of the key areas of consideration when it comes to setting up in China. Value-added Tax (“VAT”) VAT applies…

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A synopsis of the tax system in the PRC (part 3)

Background When a sourcing project gets to a certain size, it often makes sense to set up a permanent presence on-the-ground in China to help manage the supply chain.  This series of blog posts covers some of the key areas of consideration when it comes to setting up in China. Turnover Taxes In addition to…

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A synopsis of the tax system in the PRC (part 2)

Background When a sourcing project gets to a certain size, it often makes sense to set up a permanent presence on-the-ground in China to help manage the supply chain.  This series of blog posts covers some of the key areas of consideration when it comes to setting up in China.   Tax incentive policies The…

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A Synopsis of the Tax System in the PRC (part 1)

Background When a sourcing project gets to a certain size, it often makes sense to set up a permanent presence on-the-ground in China to help manage the supply chain.  This series of blog posts covers some of the key areas of consideration when it comes to setting up in China. Taxation The PRC levies a…

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