New Employment Scheme for Startup Entrepreneur in Dongguan, China

Dongguan Local Government confirmed to launch a New Employment Scheme to support the new startup entrepreneur during the Covid 19. The scheme is to provide a one-off financial support to the new startup company to have new employment. Is your Company Eligible for the Scheme? New established company, registered within 3 years in Dongguan, China …

What is Employees’ Compensation Insurance in Hong Kong?

Employees’ Compensation Insurance is one of the major business insurance in Hong Kong.  It is a statutory cover for employers and their employees. Its sustainability has wide and deep impact on the protection of the interests of employers and employees as well as the stability of the overall insurance market. What are the roles of …

Hong Kong Trademark Registration System and Application

Hong Kong Trademark Registration System is very similar to UK and US system. Many business owners may think once they have their Hong Kong Trademark Registration applied, their logo or brand will be protected. Centre O is not going to upset you. However, the truth is not the same. After your trademark registration is applied in …

Hong Kong Taxation Constitution Vs China Taxation Constitution

Hong Kong implements Common Law. In addition to Hong Kong tax system, the Inland Revenue department launched the Departmental and Practice Notes (DIPNs) regarding to the tax related guideline. At the same time, tax regulations also follow the court precedents. Whereas, China implements Continental Law. However, the tax regulations are being set up by 4 different departments.  …

China Taxation Vs Hong Kong Taxation for Foreign Investors

Centre O has written a blog highlighted China Taxation System before. China and Hong Kong taxation are two completely different system. In order to have better understanding on what taxes are you needing to pay within China, we are going to illustrate the differences between the China and Hong Kong.  Value Added Contrary to Hong Kong, …

Understanding Intellectual Property Protection – China Trademark Part 2

Foreign companies are advised to consider to get their Intellectual Property rights protected before entering into the China Market. As China works via “First to File” and not “First to Use” system.    The Nice Classification System China adopted an international system for categorising goods and services into appropriate classes. The system called the Nice …

Understanding China Intellectual Property Protection

Register Intellectual Property  in China If a company doesn’t file its copyrights, patents, and trademarks in China, its IP has no formal protection there. Companies should register (or record) eligible Intellectual Property in China as early as possible. Companies should also understand the full range of IP for which they might file, including patents, trademarks, …

5 Steps for Process China Trademark Registration

The Importance of Trademark Registration in China Foreign investors sometimes overlook and ignore the importance of trademark registration in China. As China uses a “first-to-file” rule, which means that the first person who registers will own the trademark registration in China.  Nevertheless, the China trademark holder will also have all exclusive rights to distribute and sell …

China Taxation System Highlight for Investors from Overseas

China is the second largest economy in the world, while attracting many more global investors into the China. In order to run the business in a most cost-efficient way. Before making an investment decision, we suggest investors to understand the China taxation system and all potential relevant taxes that will incurs. In addition, different type of …

HOW TO DECIDE ON THE BUSINESS SCOPE IN CHINA?

What is the business scope? The business scope is a list of business activities that the Foreign Investment Enterprise will carry out in China. The business activities list should state clearly during the registration. For the classification purpose, the major business activities will define the overall nature of the Foreign Investment Enterprise. In fact, the …