A Kind Reminder: Don’t Miss the Deadline of “Five Certificates in One” Registration

“Five Certificates in One, One Certificate One Code” registration policy has been fully implemented in Beijing. The reform of the registration policy relates to all kinds of enterprises within the whole city, farmer cooperatives and representative offices of foreign enterprises (including the branches of above-mentioned types). For enterprises that have renewed business licenses with the […]

Good News for Beijing Housing Fund Withdrawal

Since September 1, 2017, withdrawal of housing fund in Beijing becomes easier according to a new regulation. Here below we summarized the key points: 1. Either of a couple can withdraw housing fund regardless the name sequence in the housing purchase contract or property certificate. 2. After an employee leaves Beijing, it is encouraged to […]

Changes in Foreigners’ Work Permit in China

Since 1 April 2017, China shall implement a new work permit rule for foreigners in China by issuing “Notification of Work Permit for Foreigners” and “Work Permit Certificate for Foreigners” instead of “Work Permit for Foreign Experts” and “Work Permit for Foreigners” or other relevent certificates. The old Permits issued before within valid period continue […]

Permanent Establishment and Taxes in China

When foreign companies provide services in China, there is a big concern for them: whether they need to pay taxes in China, how much taxes they need to pay and how to pay it. In practice, there are many different situations for foreign companies doing business in China. Different situations may involve in different tax […]

2017 Handicapped Fund New Policies in Beijing

1. The time for filing and payment is changed to the period from 1 November to 15 December. 2. The handicapped fund can be exempted for those companies established within 3 years and with not more than 30 employees. 3. The base shall be the lesser of the company’s average annual salary and the 3 […]