Facebook XING Twitter RSS-Feeds
Ecovis Deutschland Ecovis global Ecovis China Ecovis Blogs Suche Social Media Newsletter

China’s Corporate Income Tax Update: What You Need to Know


By Richard Hoffmann, ECOVIS Beijing China Watch out! China’s new regulations on corporate income taxation regulate inter-company expenses. Learn how to manage payments from related companies to avoid paying too much taxes.

Read more...

Case: VAT Refund China – VAT Reform – Deadline March 31st 2014!


by Richard Hoffmann, ECOVIS Beijing China The deadline for the VAT refund in Beijing is approaching fast – just 2 months left until March 31st, the last day in which companies can apply for it.

Read more...

Tax in China – Taxation in the PRC


By Richard Hoffmann, ECOVIS Beijing China Understanding the tax system in China can be challenging. 25 common types of taxes are currently levied on either enterprises or individuals. Some are of common nature but several are only imposed on very specific goods or services.

Read more...

VAT China – How does it work for inter-company services


By Richard Hoffmann, ECOVIS Beijing China The following email inquiry from one of our readers will bring light into the darkness of pilot services applicable to VAT in China. A big foreign company group “The Group”, faces increasing inquiries from within China and thus needs to know how to handle China VAT. Currently they provide […]

Read more...

Comment on the current Tax System of the PRC


By Richard Hoffmann, ECOVIS Beijing China How would you summarize the current development of the Tax System in the PRC? China has built its tax system from the ground in the 1980’s.  Since then there have been major changes and developments in the tax system.  The development of an international tax system is part of […]

Read more...

How to set up a Representative Office in China


By Richard Hoffmann, ECOVIS Beijing China If you want to enter China, you should pick the right entity which will allow you to do all the business related activities you want. For certain activities a Representative Office (RO) will be the right choice, for others it might be a waste of time and money, as […]

Read more...

The ECOVIS Doing Business in China Guide 2014 is here!


By Richard Hoffmann, ECOVIS Beijing China   The ECOVIS Doing Business in China Guide 2014 is here! A comprehensive & complimentary guide for potential and current investments in the Chinese market, providing you with a head start on your way to China. Its information on subjects like Chinese business culture, market entry considerations, bookkeeping and […]

Read more...

Annual Compliance Review in China


By Richard Hoffmann, ECOVIS Beijing China There have been several changes in 2013 for foreign companies, which are active in China due to the various newly introduced laws and regulations. For instance, the VAT reform has a big impact and positive effect on the tax burden of many companies as well as has also aroused […]

Read more...

New VAT Regime: Circular 37 Impact on Foreign Logistics


by Sven Rücker, ECOVIS Düsseldorf, Germany On 24th May 2013, the Ministry of Finance and the State Administration of Taxation issued a new VAT circular (Cai Shui [2013] No. 37 or Circular 37) for the transportation industry, which expanded the current Business Tax (BT) to Value-Added Tax (VAT) (B2V) pilot programme nationwide. Circular 37 came […]

Read more...

Brief Overview of China’s VAT Reform and its Impact on Companies


By Richard Hoffmann, ECOVIS Beijing China The indirect tax system in China is undergoing a significant reform with the objective of gradually unifying its Business Tax (BT) and VAT system.

Read more...