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New Online Employment Visa Application Debuted in Shanghai

On March 25, 2017, a new unified employment permit will be piloted in Shanghai. Replacing the previous foreign expert license and foreign expert certificate, applicants can now apply online for the new permit. The post New Online Employment Visa Application Debuted in Shanghai appeared first on China Briefing News.

Hong Kong Announces Changes to Beneficial Ownership Regime

By 2018, companies incorporated in Hong Kong may need to identify their beneficial owners and register with the Hong Kong Companies Registrars. Here, we explore the definition of beneficial owner, the implications for registering people of significant control, and present a case study to fully understand corporate structure interpretations. The post Hong Kong Announces Changes to Beneficial Ownership Regime appeared first on China Briefing News.

Changing Tastes: China’s Imported Wine Industry

638 million liters of wine were imported into China in 2016, and the country is set to come the world’s second largest wine market by 2020. In this article, we discuss China's import wine industry and the challenges different retail channels pose for foreign importers. The post Changing Tastes: China’s Imported Wine Industry appeared first on China Briefing News.

China Market Watch: Marine Product Equal 9.5 Percent of GDP, Made in China 2025 Initiative Focuses on R&D

In this week's China Market Watch, we look at how China's marine produce accounted for 9.5 percent of GDP in 2016, that the Made in China 2025 initiative should focus on improved R&D, how the online healthcare industry still needs real medical facilities, and China's second cut to domestic oil retail prices. The post China Market Watch: Marine Product Equal 9.5 Percent of GDP, Made in China 2025 Initiative Focuses on R&D appeared first on China Briefing News.

Withholding Tax in China

Corporate withholding tax is levied on the income of foreign enterprises that do not have a physical establishment in China, but provide services to China-based businesses. In this article, we provide an overview of withholding tax in China, what income types are subject to it, and the updated tax rates for dividends under tax treaties. The post Withholding Tax in China appeared first on China Briefing News.

Asia Investment Brief: IPOs in India, Manufacturing Locations in Indonesia, and Foreign Trademarks in Russia

In this week's Asia Investment Brief, we look at the Philippines' economic and social background, oversubscribed IPOs in India, locations for manufacturing in Indonesia, registering foreign trademarks in Russia, and annual tax finalization and remittance compliance considerations in vietnam. The post Asia Investment Brief: IPOs in India, Manufacturing Locations in Indonesia, and Foreign Trademarks in Russia appeared first on China Briefing News.