FOREIGN APPLYING FOR CHINA RESIDENCE PERMIT

What is a China Residence Permit? A residence permit refers to a person’s visa status. It signifies the duration for which the person is allowed to reside within a country of which he or she is not a citizen. The residence permit in China do look like a Hong Kong Identity Card.  On the Residence …

Step by step for WFO E-Commerce Business Setup in China

What is a WFO E-commerce Business ? WFO E-commerce business stands for Wholly Foreign Owned E-commerce business. Either a foreign individual or corporate wholly owned and registered entity in China. In fact, WFOE is a common business setup by which non-Chinese nationals or non-Chinese corporate entities, when they need to incorporate a foreign-owned limited liability …

IS YOUR PROFESSIONAL COMPANY SECRETARY A QUALIFIED ONE?

According to Section 154 of Hong Kong Company Ordinance, every company must appoint a Company Secretary. Along with this article, you can see the importance of a company secretary for every Limited Companies in Hong Kong. In fact, many of the Limited Companies do not know if they have hired a QUALIFIED professional company secretary to help …

CHINA INVOICING SYSTEM WITH ELECTRONIC FAPIAO

What is Fapiao? Other than invoice, fapiao is a legal receipt that serves as proof of purchase for goods and services. Nevertheless, it is an essential component of China’s tax law, and compliance for businesses.  Development of Digitalized Fapiao  July 2019 The State Administration of Taxation announced the preparation of Digitalised platform October 2019 Launched online …