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Starting from July 1st, 2017, VAT rates will be simplified and merged into three categories. New tax incentives for agricultural business and R&D activity were also announced.

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On Monday the 17th April 2017, the Ministry of Public Security issued a reform plan for an update for foreign green card holders with a permanent resident permit in China.

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Work permits are hard to receive in China, especially when it comes to students that are still studying or just graduated. We from ECOVIS Beijing would like to give you a short overview over the legal possibilities, in case you want to hire new employees.

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On 11 April 2017, China’s Cyberspace Administration (CAC) published the draft of a new regulation called Measures for the Security Review of Cross-Border Transfers of Individual and Important Data.

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On 27 December 2016, the Chinese government published the draft of its first E-Commerce Law. The law will cover all major aspects of e-commerce, including delivery and payment methods. The law also intends to strengthen IP rights and to more effectively punish infringements and retailers of fake products.

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On 22 March 2017, ECOVIS Beijing organized two events at the German Centre in Beijing: IIT & Social Insurance and Invest in Germany.

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ECOVIS Beijing - international professionalism at your fingertips

ECOVIS is an internationally active consulting firm, specialized on accounting, audit, tax and legal advisory for SMEs, that employs more than 6000 people in over 60 countries. At ECOVIS Beijing, our advisory activities are tailored to the requirements of internationally active enterprises who require tax advisors, accountants, auditors and lawyers in China. Working independently, objectively and absolutely reliably, we value mutual trust and long-term personal support in the partnerships with our clients above all. Because of our high-quality standards and our commitment to long-term customer satisfaction, ECOVIS Beijing is the trusted partner of several embassies and chambers of commerce in China. Not only do we assist your business in maneuvering China’s legal landscape, we will also help you setup the optimal tax structure. Our tax experts and legal advisors work together closely to ensure that our clients can reap the highest profits from our in-depth knowledge and always receive the newest updates first to adjust their business faster than others. At ECOVIS Beijing, we are proud to have a young, enthusiastic and fast-growing team of highly qualified lawyers, accountants, auditors, and consultants with an international background that is fluent in English, Chinese or German. With several years of experience and profound practical knowledge, we support our clients from China and overseas in every situation.

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ECOVIS Beijing
Room 1105, DRC Building, No. 19 Dongfang East Road, 

Chaoyang District, Beijing, 100600

 

 

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