Payments from Foreign Counterparties in China
This article provides an overview of the methods available for Chinese legal entities to accept payments from foreign counterparties (both individuals and companies) in 2024. Bank Account Of course, the first and primary method of payments is a straightforward bank transfer...
Buying a car for a company in China
This article focuses exclusively on purchasing a car—of course, a new car—for a legal entity in China. It is totally different from the cases when a car is bought by an individual or when a used car is acquired. The first thing to consider is the city where your co...
VAT refund on export from China
When exporting any product, there are two options for dealing with VAT. Option 1 – the seller is the same as the exporter. In this case, the seller must receive payment for the goods directly from the foreign buyer (either from a foreign bank account or from an NRA accou...
Receiving a salary from a foreign company in China
The situation when a person is sent to China to perform a certain activity, but at the same time does not officially get employed in a Chinese company, is common. As an example – a constantly posted employee who checks the quality of the goods supplied by the Chinese side....
Approval of the activities of a company with foreign workers
Recently, the requirements for companies hiring foreign employees have grown fairly strict. This is due to a number of factors – from the founding of a company by almost everyone striving to stay in China and attempts to obtain visas for themselves, to the periodic cleansin...
Trademark registration in China
A trademark is a commercial name of your product, its logo, a figure of the mascot of your company – any recognizable information associated with your company or product. Do not confuse the trademark (for example, QQ) and the company name (respectively – 腾讯科...
