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

The Annual Compliance Review – Audit in China


The deadline for the Annual Compliance Review in China is on 31 May. Although it seems that there is still a long time until the deadline, there is an incredibly huge amount of work to do before you can hand in your annual audit reports.

Read more...

China: Transfer Pricing Regulation Update


  On 13 July, the State Administration of Taxation issued a notice related to the long-expected adjustments in regulations of transfer pricing. With the announcement [2016] No.42, the previously valid “Implementing Measures for Special Tax Adjustments (for Trial Implementation)”, (Guo Shui Fa [2009] No. 2) effective for 8 years is partly replaced by SAT [2016] […]

Read more...

Accelerated Depreciation of Fixed Assets


According to the decision of the State Council on September 17, 2015 the Ministry of Finance and State Administration of Taxation jointly issued the “Circular on Further Improving the Enterprise Income Tax Policies relating to the Accelerated Depreciation of Fixed Assets” (Cai Shui [2015] No. 106) (hereinafter “Document No. 106”). Furthermore, on September 25 the […]

Read more...

In 4 Steps to the Annual Compliance Review


Doing it right! How to do your Annual Compliance Review in 4 steps: The Annual Audit, the Annual Foreign Currency Filing, the Annual Tax Audit and Clearance and Report of Enterprise Information Publicity.

Read more...

Deadlines for the Annual Compliance Review


As for the annual compliance review: it is not hard work but it needs to be done right. Do not see it only as an additional burden for your company. It is a great chance to do a small “health check” of your operations, to evaluate the tax burdens, the compliance status, the financial structure, […]

Read more...

Abgabefristen für den Jahresabschluss auf einen Blick


Die Jahresabschlussprüfung ist nicht kompliziert, aber sie muss gemacht werden. Sehen Sie die Überprüfung nicht als zusätzliche Last für Ihr Unternehmen. Sehen Sie sie als Chance ihr Unternehmen einem Gesundheits-Check zu unterziehen.

Read more...

Quality assurance and Compliance in the machinery sector in China


By Richard Hoffmann, ECOVIS Beijing When asked about the biggest challenges while doing business in China, European machine builders particularly often mention two terms: The assurance of quality as well as cultural differences in business practices/compliance. Situations and business practices which are usually taken for granted in Europe, might lead to complications and misunderstandings in China. Two […]

Read more...

Five reasons for outsourcing bookkeeping in China


By Manuela Reintgen, ECOVIS Beijing Many business owners can, effectively, only manage a handful of staff. Rather than doing everything internally and specializing in all relevant business activities, business owners should think about what activities to outsource. Outsourcing is when a company subcontracts an outside person or firm to provide a product or service such […]

Read more...

The Crack down on Compliance in China


By Richard Hoffmann, ECOVIS Beijing Compliance in China is often thought to be easily persuaded. However, that is no longer the case. The Eight-Point code (八项规定), passed in December 2012 by the Political Bureau of the CPC Central Committee, was adapted to reject the practice of formality, extravagance and bureaucracy, and putting further emphasis on […]

Read more...

Company Liquidation: A comprehensive guide on how to proceed [4/4]


By Richard Hoffmann and Michelle Yan, ECOVIS Beijing Doing business will always have its success and failures. However, in the case where it really comes down to needing to liquidate your company, there are formal steps in which you should closely follow. The process is long, involving multiple application, de-registration and negotiations. We can help you with the […]

Read more...