E-Invoicing in China: Fully Digitalized E-Fapiao Program Expanded Nationwide
As of December 1, 2023, the pilot fully digitalized e-fapiao program has rolled out nationwide, with Tibet the last region being added to the scope of issuance.
A Guide to Accounting and Audit in China 2024 – New Publication from China Briefing
In A Quick Guide to Accounting and Audit in China 2024, we highlight the importance of audit and compliance process to businesses to survive and thrive in a growing volatile, unexpected, complex, and ambiguous (VUCA) world.
Making Outbound Payments from China to Overseas Headquarters: Challenges and Common Risks
We discuss the challenges and common mistakes associated with outbound payments from China, focusing on non-trade foreign exchange payments. Outbound payments receive close scrutiny from China’s tax and foreign exchange authorities.
How to Localize Your Global ERP to China
Localized configurations are necessary when expanding your global ERP to China, either to meet local mandatory requirements or to secure optimal outcomes for your China operations.
Asia Transfer Pricing Brief: Q3 2023
In our first Asia Transfer Pricing Brief, for Q3 2023, we provide the latest transfer pricing updates from Singapore, Malaysia, and India.
China Monthly Tax Brief: October 2023
In October 2023, seven provinces and cities in China, including Beijing, Hunan, Shandong, Anhui, Qinghai, Ningxia, and Guizhou, announced pilot programs for fully digitalized e-fapiao. We discuss how companies can prepare in this month’s China tax brief.
Why is ERP Important for Operating a China Business?
ERP adoption is rapidly gaining traction in China as a strategic tool to navigate market uncertainties and promote organizational efficiencies in the aftermath of COVID-19. We guide you in choosing the right ERP approach for your business.
China Monthly Tax Brief: September 2023
In this China Monthly Tax Brief, we discuss the roll-out or extension of 16 tax policies announced in September and support measures for FIE enterprises liberalizing cross-border capital flows and optimizing the foreign investment environment.