Richard Hoffmann

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Richard Hoffmann is Consultant, Lawyer and Partner ECOVIS Beijing. He obtained an honor's degree in law in Germany and worked for various prestigious law firms in Germany, America, and China. Richard has published more than fifty articles in international magazines, frequently speaks at high profile events in China and abroad and is often invited as a legal expert by international TV and radio stations such as CCTV or Reuters.

New Chinese Punitive Tariffs Against U.S. Products Announced

After the US under the Trump Administration announced new punitive tariffs of 25% against 1333 Chinese products on Tuesday, April 3rd, the Chinese Ministry of Commerce has published a second list of US products to be imposed by tariffs. (The first li...
visa

Visa-Free Entry For Tourists From 59 Countries To Hainan

On Wednesday, 1 April 2018, China´s State Immigration Administration announced at a press conference that, starting from 1 May 2018, China will adopt a new 30-day-visa-free policy in Hainan province for people from 59 countries. The island has gra...
Data Security n China

Data Security in China

The cybersecurity law came into force on 1 June 2017, and since then regulates the operation, maintenance and use of the Internet in China. On 1 May 2018, new standards will come into force and further clarify the data protection rules of the Cyber S...
the cloud

Why Should You Take Your Accounting to The Cloud?

As China's economy has been developing rapidly, foreign direct investment (FDI) has also been on the rise in line with the economic growth. Since 2015, the FDI has reached close to 120 Billion USD. While it’s tempting to invest in China, there might ...
Chinese passport

Setting up a Company in the Restricted Tourism Industry

A typical Case of a company that wants to enter into to Chinese booming outbound tourism industry: A foreign investor planned to found a WFOE (Wholly Foreign-Owned Enterprise) in China and enter into the Chinese outbound tourism industry.  For a for...

Seminar Beijing: Annual Audit in China the Do’s and Don’ts of SMEs 5

Dec 10th 2014 Location: German Chamber of Commerce Beijing When: 16:00 - 18:00 (CST – China) Fee: Free of Charge Language: English   All foreign invested enterprises are potential subjects to the annual audit. The annual audit has several purpos...
Punitive List China

China publishes list of American products affected by punitive tariffs

After Trump announced punitive tariffs on a wide range of Chinese products, China responded by publishing its own list of American products, which will be affected by higher tariffs. The Chinese embassy in Washington said: “China does not want a trad...

Seminar Beijing: Annual Audit – Do’s and Don’ts from the Perspective of International Companies

Feb 4th 2015 14:30 - 16:00 Location: German Centre Beijing Fee: Free of Charge Language: English   All foreign invested enterprises are potential subjects to the annual audit. The annual audit has several purposes such as to assure tax complianc...
Business Development Zones Guide China2015

Business Development Zones Guide Beijing & Tianjin

Economic development zones are not entirely a Chinese invention. In numerous other countries around the world similar zones were established long before to promote the local economy and test structural reforms. However, much of the Chinese growth i...
Work Report 2018

China hints at Income Tax Reform in Work Report

At the annual meeting of the 13th National People's Congress, Chinese Premier Li Keqiang delivered his work report and looked back at the work of the past five years. He also made proposals for the future work of the government in 2018. In retrospec...