China taxation is a financial charge or other levy imposed upon a taxpayer (an individual or legal entity) by a state or the functional equivalent of a state such that failure to pay, or evasion of or resistance to collection, is punishable by law. Taxes are also imposed by many administrative divisions.  Taxes consist of ...

A representative office is an office established by the foreign organization to conduct non-transactional operations such as marketing, business meeting, call center, and research, etc. Most organizations will set up a representative office in China before officially entering the market.   Application criteria There must have a local chief representative, a labor contract between the ...

The governors of China’s provinces and autonomous regions and mayors of its centrally controlled municipalities are appointed by the central government in Beijing after receiving the nominal consent of the National People’s Congress. Therefore, doing business in China is based on the provincial laws and regulations. Types of China Companies a) Wholly Foreign-owned Enterprise (WFOE) b) ...

Tannet Group Limited is a diversified international company set up in Hong Kong in spring 1999. With more than ten years’ development, the group has owned more than 38 holding subsidiaries, 88 equity participants, over 3000 cooperators and more than 30000 direct clients around the ...

With USD 39 billion worth of import, China was the second largest importer of chemicals in 2002 after the United States. Conservative estimates based largely on past growth rates show that China is set to overtake the US by the year 2010. The Chinese government is encouraging investment in the industry with various incentives and ...

1. Basic Facts China is the world’s most populous country, with 1.3bn people living on 9.6m sq km of land, stretching from its southern borders in the Himalayas to the deserts of Mongolia in the north, and from the East China Sea through the Yangzi River Valley plains, to the Tibetan Plateau in the western ...

Encouraged Industries 1.Projects for new agricultural technology, comprehensive agricultural development of agriculture, and for energy, transportation and key raw materials ...

Investment in the China market is indeed a national, trade and production is increasing. Many people call China as the world’s factory locations and companies around the world to China to further expand its business. Today, China has attracted foreign investors compared to other developing countries, the largest ...

  Great Wall of China Nowadays, most of entrepreneurs are seeking business opportunities in new market development. Obviously, the revolution of China economic is attracting attention of worldwide entrepreneurs. CIMB Group had stated in 2011Asean-China SME Conference, “China was Malaysia’s largest trading partner since 2010 and Malaysia has been China’s largest ASEAN trading partner since ...