Electronic identity cards in the PRC
When back in 2015 I wrote an article about identity cards in the PRC, I believed (and it was not only me) that the next step would be the evolution of the functionality of material plastic cards. However, life has put everything in its place, and now I would like to inform you ab...
Dismissal from a Chinese company – what’s next
Basically, employment in China implies the employee’s connection with a single company (in contrast to some Western countries, where a work visa suggests free employment and dismissal). Naturally, this does not apply to holders of Chinese green cards, but they are still a m...
Setting up Wechat for your company
The importance of Wechat in modern China can hardly be overestimated. More than one billion users, a huge number of tools for all occasions, and so on and so forth. Undoubtedly, any company that is going to do business in China needs to set up its Wechat services. Their variety a...
Foreigner’s income in China and its taxation
At first glance, it seems that all money received (it does not matter whether to a card, to a Wechat wallet or by bank transfer) is one and the same. But, as it turns out, it is not quite so. In this article, we will talk about their difference, best ways to receive them and the...
Registered capital of a company and its contribution in China
The concept of registered capital is extremely broad and multifaceted. In simple terms, these are the assets that the founders are willing to invest to create a company and with which the company will bear liability. These are not even always real assets – in the article...
VAT refund for individuals in the PRC or Tax Free
It is common knowledge that the price we pay for a product in a store is made up of numerous components. One of them is value added tax (VAT). Which in many cases can be refunded. We will talk about how to do this in this article. Clearly, VAT refunds by legal entities and the...
