To further standardize the VAT invoice management, optimize the tax service and meet the needs of the taxpayers, notice on the Management of VAT General invoices hereby announced as follows: First, Adjust VAT general invoice's (folding inv…

Hong Kong company has been alluring to foreign investors as the easiest entry to start the international business. It has been commonly agreed that Hong Kong company equipped with the Hong Kong bank account can maximize the function of the…

Opening a business account in Hong Kong would top the priority list after the Hong Kong offshore company registered. Let's see how to easy your business expanding with a Hong Kong company plus with a Hong Kong bank account. DBS bank has be…

How to open the Hong Kong business account after Hong Kong company incorporation? Business China will introduce the Hang Seng Bank for you here. As the second largest listed bank in Hong Kong, Hang Seng Bank is established in the year of 1…

Guangzhou City ​Guangzhou, known as the "millennium commercial port" historically, has been one of the most important commercial centers in China. Guangzhou is close to the south China sea, neighboring the Hong Kong special administrative …

Business China provides company formation in Hong Kong and guidance over opening a business bank account in Hong Kong. HSBC business bank account is suitable for international businessmen who need flexible 24/7 access to account services. …

Shenzhen City As the window of China's reform and opening up, Shenzhen is the first special economic zone established by China's reform and opening-up policy. Shenzhen came in second as the most economically competitive cities in the world…

Shanghai City In 2015, Shanghai's GDP dominated the city list in China, and ranked second only to second to Tokyo, Japan in Asian cities. Shanghai is one of the world's most famous financial centers, and one of the world's largest metropol…

Foshan City As a nearby city to Guangzhou, Foshan is located in the heart of the pearl river delta and adjacent to Hong Kong and Macao. Foshan is an industrial city, its competitive industries focus on household appliances, equipment manuf…

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What is a Wholly Foreign Owned Enterprise? ​ A Wholly Foreign Owned Enterprise is a limited liability company wholly owned by a foreign individual or a foreign enterprise in China. The three major characteristics of a WFOE could be summari…

By olivia olivia November 07, 2017 Passport is super important for you when you travel abroad. If you lost your passport in China, no worries, follow the 4 Steps below. Step 1: Obtain a "Receipt of Report"from the Police StationThe loss of…

By olivia olivia November 07, 2017 If you have an emergency while you are traveling (such as fire or traffic accidents), or other trouble or have other complaints or questions, the following telephone numbers may be useful. Emergency Numbe…

China Import and Export Fair, known as the "Canton Fair", has been held every spring and autumn in Guangzhou, China since 1957. Co-hosted by the Ministry of Commerce of PRC and the People's Government of Guangdong Province and organized by…

Fapiao(Invoice)Fapiao is a Chinese characteristic, which does not exist outside of China. In China, all business transactions are required by law to be recorded on an official receipt, which called Invoice (“Fapiao” in Chinese). Fapiao mus…

f you want to host your website on a mainland Chinese server, you have to have an ICP. Technically, it means only websites within the Chinese mainland are required by law to have an ICP（abbreviation for Internet Content Provider）. ICP st…

ong Kong has long term been a hotbed for businessmen with budding business ideas. Incorporation in Hong Kong is quick and easy. Since 2016, HSBC Hong Kong first gradually tightened its commercial account opening requirement, Hang Seng Hong…

China (Guangdong) Pilot Free Trade Zone (hereafter referred to as GDFTZ) was formally approved by the State Council and established on 31 December, 2014. China (Shanghai) Pilot Free Trade Zone comprises four areas under the special adminis…

Tel : +86-020-2917 9715 Mail :proposal@set-up-company.com Accelerate the development of the financial industry In line with the country's financial watchdog, according to the overall deployment of the country's financial industry opening t…

Here's information about China Incorporation Bank Account Opening, and you're welcome to contatc us if you have any doubts. EMAILproposal@set-up-company.com TELEPHONE +86-020-2917 9715 No matter which business entities you set up, you will…

Fapiao can be divided into two types of Fapiao--- General fapiao and special VAT (value-added tax) fapiao. Only the latter can be used for tax deduction and can only be applied from the general tax payer (status). Each establishment will b…

China's social security law was promulgated by the central government but its administration and specific details are governed by local authorities. It is paid by both employer and employee, and the levels of this payment to the social ins…

Visitors to the Mainland of the People's Republic of China must obtain a visa from one of China embassies unless they come from one of the visa exempt countries. The two Special Administrative Regions – Hong Kong and Macau – maintain their…

To encourage start-ups to promote employment, Guangzhou authorities issue one social insurance allowance to subsidize start-ups paid social insurance fees for employees according to China's new Social Insurance Law. Conditions of declarati…

As world factory, “made-in-China” enjoys a worldwide popularity. with a trading company, you will enjoy a legitimate status to sign business contract under the protection of Chinese law, have the legal right to employ staffs and buy social…

The Limited Liability type company in China wholly owned by foreign investor(s) is called the Wholly Foreign Owned Enterprise, abbreviated WFOE or WOFE. Foreign Direct Investment（FDI） in China has up to 108 billion USD since 2008, laying…

China WFOE WFOE is the most common and acceptable business structure for major business. The registered capital of a WFOE should be subscribed and contributed solely by foreign investor(s). With a WFOE incorporated in China does not mean y…

With trademark registration, enterprises may enjoy legal protection of their products and services. US President Trump are worth learning, who already holds 77 officially registered trademarks in China till now. "TM" is the abbreviation of…

Payroll procedures and regulations vary greatly in each country. We are there to guide you through the different rules and regulations, and to deliver on your behalf a smooth payroll service to all of your international employees. Salary P…