The National Defense Authorization Act (NDAA) for 2027 is coming into focus after the House and Senate armed services committees advanced their versions of the bill earlier this month.
While many foreign investors rush to set up a WFOE, many overseas parent companies underestimate the tax and financial planning required to cover expenses that will incur during the pre-incorporation process.
U.S. President Barack Obama will host China’s President Xi Jinping for a special bilateral meeting on March 31. This signifies at once the general and increasing importance of relations between Washington and Beijing, but also the specific need to address rising tensions between the two nations.
VIDEO: Kent Kedl, greater China and north Asia managing director for global risk consultancy Control Risks, explains to Asia Society the common problems related to doing business in China.
Labor Dispatch Laws Change the Makeup of Companies in China Because it’s a flexible and cheap option, labor dispatch–when a company hires employees on a contract basis through an outside agency–is one of the most popular ways to hire employees in China. But as new labor regulations come into effect, companies in China need to understand the complexities of balancing the makeup of their labor force.Dispatch agencies offer companies temporary workers for particular projects or for a certain perio
China’s recently released Five Year Plan signifies strong market potential for the US business community as the country aims to develop its own sustainable economic infrastructure.
When a foreign business or individual makes income in China, it may be subject to tax in both the business or individual’s home country and China, which could substantially increase their tax burden. Many investors therefore choose to set up an offshore share company in locations that have double taxation avoidance agreements. The new Certificate of Tax Residency aims to simplify that process.
As China enters a new stage of economic development, the key to continued growth will be reforms aimed to shift the the country’s dependence on investment to more sustainable areas of development.
