Business

Annual Fiscal Requirements for Foreign Companies in China

Surviving in the local Chinese market can be a difficult task due to a host of local laws, regulations, policies, and requirements that foreign entities have to comply with. Proper

The Employee Trade Secrecy Agreement: What It Means For Your WFOE in China

Switching or quitting jobs is a common practice all around the world, and China is no exception. Employees often leave the companies they work in for various reasons. For instance,

WFOE Organizational Structure – A Complete Guide

The Chinese economy has become the world’s largest, thanks to 30 years of continuous economic growth. The economy enjoyed double digit growth rates before 2013 and even after 2013, its

Why You Should Consider Buying a Shelf Company

A shelf company is a company that’s incorporated and then left without any business activity.  In other words, it’s formed to be shelved. Shelf companies are generally formed with the

Tips for Entering the Chinese Business-to-Business (B2B) Market

China is expected to surpass the US as the world’s second largest economy by 2020. By Purchasing Power Parity (PPP), it’s already the biggest. There are plenty of reasons for

Reasons Why You Should Use a Foreign Free-Trade Zone (FTZ)

FTZs bear an uncanny resemblance to stadiums. You can play almost all kinds of sports in the street, but the ideal place to play has always been the stadium. The

Why Buy Silver? The Ultimate Reasons to Invest

Are you considering adding silver to your investment portfolio? That’s a wise decision! The small silver market is at the top of many prudent investors’ list. This post discusses why

Best Countries to Open an Offshore Bank Account

Many of us have only ever heard of offshore banking in relation to some sort of criminal escapades, as shown in movies or the news. A wealthy mogul or a

4 Scenarios Where It is Better to Outsource Bookkeeping Services

The size of the business makes no difference on how important the function of bookkeeping is. Since it involves recording all financial transactions, business operations are completely dependent on the

What Companies Should Know about their Payroll Management

Payroll management is not just a financial duty of an employer, but also a moral one. Employees are dependent on their paychecks, and it is essential that they get paid