Heightened pressure in China's labor market means that employers are commonly required to terminate employees to optimize their business operations. Legally speaking, this is by no means an easy thing to do, especially under the comparatively stringent regulations on terminating employment contracts since 2008.
The post End of the Line: Terminating an Employee in China (Part 1) appeared first on China Briefing News.
Vietnam’s lower operating costs – in terms of both land-use rights and worker salaries – mean that inevitably, production of low and medium tech products will leech away from China into ASEAN. Here is a checklist of the issues your China manufacturing base will face as a result of this.
The post Is Your China Manufacturing Business Ready for Next Year’s Flood of Cheaper Vietnamese Products? appeared first on China Briefing News.
China Regulatory Brief: Guangzhou R&D Subsidies, China-Russia Agreements and Revised Dongguan Annual Inspections
In this week's China Regulatory Brief, we discuss changes to R&D investment subsidies in Guangzhou, a swath of trade and investment agreements signed between China and Russia, and Dongguan's revised annual inspection timeframe.
As part of our mission to provide business intelligence on the legal, tax and operational issues of doing business in China, China Briefing presents here the first in a series of case studies, based on the practical experience of Dezan Shira & Associates professionals.
The post Case Study: Tax Withholding for Non-Resident Foreign Enterprises in China appeared first on China Briefing News.
This week, Asia Briefing revisits our three-part series from 2013 detailing various facets of China’s coffee industry, now the fastest growing in the world. Here we discuss the growing popularity of Korean chains, independent cafés, and Indonesian instant coffee.
The recent unrest in Hong Kong is not so much directly about democracy, but the impact of decades of poor governance and neglecting the needs of Hong Kong's population in terms of housing and commerce.
Double Taxation Avoidance in China: A Business Intelligence Primer – New Issue of China Briefing Magazine
In this issue of China Briefing Magazine, we are proud to present the distillation of Dezan Shira & Associates' 22 years of experience in securing benefits under China's double taxation avoidance (DTA) agreements in the form of a business intelligence primer.
On the occasion of the one-year anniversary of the Shanghai Free Trade Zone (FTZ), the State Council has revised 27 administrative measures, entailing further liberalization of foreign-invested enterprises in the FTZ in terms of business scope, investor qualifications and foreign equity ratios.
The post Shanghai FTZ Introduces New Batch of Liberalization Measures for FIEs appeared first on China Briefing News.
In this China Regulatory Brief, we discuss US$18.1 billion in trade deals recently signed between China and Germany, the revival of coal import tariffs in China, and Guangdong's release of official guidelines for wage increases n 2014.
The post China Regulatory Brief: China-Germany Trade Deals, Coal Import Tariffs, Guangdong Wage Guidelines appeared first on China Briefing News.
As we move into the end of 2014, and with numerous trade development and incentive deadlines coming to fruition next year, one thing should be clear to foreign investors: planning your China strategy for 2015 requires a pan-Asian perspective.
The post Why Your 2015 China Business Strategy Must Include Asia appeared first on China Briefing News.
In China, changing the shareholder structure of a wholly foreign-owned enterprise (WFOE) is a complex procedure involving multiple government departments and forms of documentation. Yet this is a necessary procedure for the entrance or exit of shareholders, or equity transfers between existing shareholders.
The post The Shake Up: Changing the Shareholder Structure of a Company in China appeared first on China Briefing News.
The free trade agreement (FTA) signed between Hong Kong and Chile will come into effect on October 9, according to an official announcement. The agreement, initially signed in September 2012, is Hong Kong’s first to be signed with a country outside of Asia or Europe.
A client in the tourism industry recently contacted Dezan Shira & Associates to advise them on how to best expand their scope of operations in the tourism industry. With the rise in income levels in China, outbound tourism has become one of the most profitable operations for travel agencies in China.
The post Case Study: Using the Shanghai FTZ to Access the Outbound Tourism Industry appeared first on China Briefing News.
In this China Regulatory Brief, we discuss further revisions to the Shanghai FTZ "Negative List", China's forthcoming coal tax reform, direct trading between the RMB and euro, and measures to support the country's flagging import levels.
The post China Regulatory Brief: Coal Reform, RMB-Euro Trading, Import Measures appeared first on China Briefing News.
For foreign companies looking to expand into the Chinese market, a representative office (RO) is the easiest type of entity to set up, as it entails no requirements in terms of registered capital. However, investors should be warned that in China, deregistering a representative office can be even more time-consuming and complex than setting up a new one.
After a steady ascent in the rankings, competition with Chinese firms is now the top challenge for American companies doing business in China. According to the USCBC 2014 member survey, US businesses say that they are facing increasing numbers of Chinese competitors who often enjoy preferential treatment over foreign firms.
The post Competition with Chinese Firms Tops Challenges for American Companies in China appeared first on China Briefing News.
In this edition of China Outbound, we highlight the growing importance of India in global investment trends, as supported by the launch of Prime Minister Narendra Modi's "Make in India" campaign and Chinese investment in South Asian infrastructure.
The post China Outbound: From New York to Shanghai, All Eyes Are on India appeared first on China Briefing News.
Chinese Premier Li Keqiang and Spanish Prime Minister Mariano Rajoy have signed business deals worth approximately US$3.8 billion in a bid to boost bilateral cooperation and economic growth.
The post China and Spain Sign Business Deals Worth US$3.8 Billion appeared first on China Briefing News.
One often overlooked feature of the Shanghai FTZ is the unique advantages it affords foreign investors for transferring funds between their China domestic and overseas entities via two-way cash pooling, allowing them to deploy greater liquidity, more efficiently manage finances, or obtain a better deposit rate than in the revenue’s country of origin.
The post Cross-Border Forex Cash Pooling in the Shanghai FTZ appeared first on China Briefing News.
China Regulatory Brief: NOC Annual Reporting, China-Spain Trade Deals, New Measures for Domestic Delivery
In this week's China Regulatory Brief, we discuss the coming implementation of an NOC annual reporting system, a swath of commercial deals signed last week between China and Spain, and liberalization of the domestic delivery industry in China.