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manuella panel discussion IPADE business school

On Friday, 28 March 2014, Manuela Reintgen represented Ecovis Beijing in a panel discussion on the topic: Doing Business in China. With keen interest and curious minds, the group of 75 Mexican MBA students from IPADE Business School flooded into the Peace Ballroom conference room at Novotel Peace Hotel. Even though it was the last of a long morning of sessions, the group brought both energy and interest whilst the panel gave them insight to the Chinese market.

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Amended Trademark Law Main Points

On August 30th, 2013, the Standing Committee of the National People’s Congress revised the Trademark Law of the People’s Republic of China (“amendments” hereafter). The New law will be effective from May 1st, 2014. However, we are still waiting for further interpretation and implementation rules in order to clearly understand the practical impact of the amendments.

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Considering your different options of entering the Mainland Chinese market? Not sure if you should be using a third jurisdiction like Hong Kong? Well let us break it down a little for you.

Hong Kong is one of the freest regions in the world, where it promotes itself as a market driven with minimal government interference. With both close links and understanding of Mainland and international markets, it is often seen as the meeting point for eastern and western businesses. With a transparent system, secure market and political stability, it is often seen as a safe starting point for non-Asian companies.

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Chinese passport

From 1949 until the early 1970s, the People’s Republic of China was a closed country and only selected foreign visitors were allowed to enter China. During that time, many Chinese nationals were not allowed to travel abroad and even if they would have been allowed to leave China, they would not have been able to afford it. When Deng Xiaoping took over the leadership in 1978 the command economy in China was gradually dismantled and the path was laid for the development of the tourism industry in China. “To get rich is glorious” was one of his famous phrases. Indeed, one of the main factors that led to the travel boom was increased wealth. Furthermore, restrictions on movement were removed. Today, China is one of the largest inbound tourism markets (involving non-residents traveling in the given country) and outbound tourism markets (involving residents traveling in another country).

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Office Openeing

“Lively music, great company coupled with heavenly wine and canopies, definitely an evening to remember.”

Yesterday evening was a great turn out. With great music swaying in the background sponsored by a friendly Australian, Matthew Parker, and delicately breathed wine by Qingdao Great River Hill Winery, it was without a doubt an evening to remember. The Evening started directly at 6:30 with a few eager early birds but quickly reached full house by a little past 7. With a bundle of lovely roses in hand, Grace Shi and Richard Hoffmann officially started the evening with a trip down memory lane on the first steps & achievements and of Ecovis Beijing...

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Corporate income tax china - resident enterprises

Resident enterprises are either established under the laws of the PRC or founded outside, but with a place of effective management in China in the sense of a management which is substantial and has overall management control over manufacturing and business operations.  The place of effective management is where the main assets are gained, accounting and other books are held, the shareholder meetings take place and where half of the senior management staff is located. Resident enterprises have to pay CIT within and outside of PRC, which is slightly different to other countries.

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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 4,500 people in over 56 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 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
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