Whoever years visited China regularly during recent years, could not overlook the rapid developments Chinese cities are currently undergoing. Chinese cities are trying to cope with the enormous changes in urban development and are trying to make them up in just a few years instead of decades. Read more...
The Chinese arbitration organisation specified in the standard supply contract is better known under the abbreviation CIETAC.
It is subordinate to the jurisdiction of the Chinese Council for the Promotion of International Trade (CCPIT) and it is the arbitration organisation that will be typically suggested by the Chinese side to ask for settling a disagreement.
Read more...
Corporate income tax is a hot topic in China at the moment with the recent majority vote in the National People’s Congress to harmonise the income tax rates for Foreign Invested Enterprises and domestic firms.
The new laws, which were passed on 16 March 2007, have been the subject of protracted debate and speculation for a considerable time now. Read more...
The World Trade Organization (WTO) was established on the 1st of January 1995, as a successor to the General Agreement on Tariffs and Trade (GATT). It is the only global international organization that deals with the rules of trade between nations. China was one of the 23 original signatories of the GATT but after the Chinese revolution in 1949 the government in Taiwan announced that China would withdraw from it. Read more...
This year marked a large step forward for the continuing integration of world trade and capital markets, with China adopting a significant number of the accounting standards laid out by the International Accounting Standards Board (IASB). Read more...
The first possibility of how a foreign company can establish itself in China is through the establishment of a Representative Office (RO) in China. A Representative Office in China is not a separate legal entity but is considered to be part of its parent company. It is the most basic form of foreign investment and can be very useful, and in some cases even necessary, for most administrative decisions concerning the establishment of a business. Read more...
Before a foreign company is allowed to establish a RO in China the relevant authorities will have to approve the request and the registration of the office has to be completed. Read more...
Once the documents have been submitted to the relevant approval authority, the approval authority will review the documents and decide whether it will approve the registration and establishment of a RO in China. Read more...
Whoever years visited China regularly during recent years, could not overlook the rapid developments Chinese cities are currently undergoing. Chinese cities are trying to cope with the enormous changes in urban development and are trying to make them up in just a few years instead of decades. Read more...
The Chinese arbitration organisation specified in the standard supply contract is better known under the abbreviation CIETAC.
It is subordinate to the jurisdiction of the Chinese Council for the Promotion of International Trade (CCPIT) and it is the arbitration organisation that will be typically suggested by the Chinese side to ask for settling a disagreement.
Read more...
Corporate income tax is a hot topic in China at the moment with the recent majority vote in the National People’s Congress to harmonise the income tax rates for Foreign Invested Enterprises and domestic firms.
The new laws, which were passed on 16 March 2007, have been the subject of protracted debate and speculation for a considerable time now. Read more...
The World Trade Organization (WTO) was established on the 1st of January 1995, as a successor to the General Agreement on Tariffs and Trade (GATT). It is the only global international organization that deals with the rules of trade between nations. China was one of the 23 original signatories of the GATT but after the Chinese revolution in 1949 the government in Taiwan announced that China would withdraw from it. Read more...
This year marked a large step forward for the continuing integration of world trade and capital markets, with China adopting a significant number of the accounting standards laid out by the International Accounting Standards Board (IASB). Read more...
Whoever years visited China regularly during recent years, could not overlook the rapid developments Chinese cities are currently undergoing. Chinese cities are trying to cope with the enormous changes in urban development and are trying to make them up in just a few years instead of decades. Read more...
The Chinese arbitration organisation specified in the standard supply contract is better known under the abbreviation CIETAC.
It is subordinate to the jurisdiction of the Chinese Council for the Promotion of International Trade (CCPIT) and it is the arbitration organisation that will be typically suggested by the Chinese side to ask for settling a disagreement.
Read more...
Corporate income tax is a hot topic in China at the moment with the recent majority vote in the National People’s Congress to harmonise the income tax rates for Foreign Invested Enterprises and domestic firms.
The new laws, which were passed on 16 March 2007, have been the subject of protracted debate and speculation for a considerable time now. Read more...
The World Trade Organization (WTO) was established on the 1st of January 1995, as a successor to the General Agreement on Tariffs and Trade (GATT). It is the only global international organization that deals with the rules of trade between nations. China was one of the 23 original signatories of the GATT but after the Chinese revolution in 1949 the government in Taiwan announced that China would withdraw from it. Read more...
This year marked a large step forward for the continuing integration of world trade and capital markets, with China adopting a significant number of the accounting standards laid out by the International Accounting Standards Board (IASB). Read more...
