News from Germany

Tax

Non-domiciled vs. non-resident: What is the difference?

In the context of China’s Individual Income Tax Law, which took effect on Jan 1st, 2019, and the many regulations alongside it, the terms domicile and residence are used frequently. But what do these terms mean and which tax labilities in China resul...
VAt

Ultimate VAT guide for selling through online marketplace in Germany – Part 1

Germany's liability regulations for online marketplaces In the past years, thousands of vendors that are selling on marketplaces like Amazon or eBay, many of which are from China are not paying their VAT on the sale of in EU. The EU estimates that...

Takeaways from China’s “Two sessions” in Beijing

A new Foreign Investment Law and VAT rate reductions are among the legal changes announced at this year's meeting Every year about this time the National People's Congress (NPC) and the Chinese People's Political Consultative Conference meet to make...

Case Studies

g20

G20 Summit: Why it is so important to China and the world?

There have been three landmark gatherings in China since the Reforming and Opening-up strategy in the year 1979: the 2008 Beijing Olympic Games, the 2010 Shanghai Expo, and  the 2016 G20 Summit which was held a couple of days ago in the famous touris...
company forms

OHG, GbR, GmbH, AG? – Legal Company Forms in Germany

The foundation of a company in Germany is generally a straight forward process. Foreign investors are also entitled to found a company in the legal form of their choice. At the same time, a variety of different company forms exists in Germany and eac...

„The EU Chamber wants our opinion!

Presently, the European Chamber of Commerce in China (EUCCC) is drafting its Position Paper 2016-2017 (PP). To be presented to decision makers in both Brussels and Beijing, they look for Key Recommendations (KR) and objective comments regarding EU sm...

Legal Service

New German Packaging Law – Guide for E-Commerce & Amazon FBA Sellers

In January 2019, the new German Packaging Act (VerpackG) came into force, replacing the German Packaging Regulation from 1998. What does it mean for your company and your business and what needs to be done? Ecovis Beijing explains what you need to...

Takeaways from China’s “Two sessions” in Beijing

A new Foreign Investment Law and VAT rate reductions are among the legal changes announced at this year's meeting Every year about this time the National People's Congress (NPC) and the Chinese People's Political Consultative Conference meet to make...

Fines and Controls: Implementation of the GDPR

Do you remember the flood of E-Mails in your inbox in May 2018 that drew your attention to the entry into force of the General Data Protection Regulation? More than half a year has passed since then, and for many the GDPR issue has receded into the b...

Accounting & Audit

Webinar: Profit Repatriation- How to return financial assets to your home country?

On the 2nd of July, Business Development manager Mr. Rene Bernard presented a webinar on the topic of Profit repatriation. The webinar discusses the different methods of repatriating money in China for companies and individuals. It also shows the tax...

Starting a business in Germany (3): Requirements for accounting and audit

Have you checked out the previous articles about German taxation regulations under our "Starting a business in Germany" series yet? If not, feel free to read more about German VAT and input tax, German trade tax and corporate tax. This time, to co...

Investments

Ecovis at the DCW seminar: Starting a business in Germany

On July 3, 2019, the German-Chinese Business Network hosted a full-day seminar for Chinese investors and entrepreneurs in Krefeld. ECOVIS contributed a presentation on "Setting a business in Germany". After a welcome address by Krefeld´s mayor, Ms. Z...

Takeaways from China’s “Two sessions” in Beijing

A new Foreign Investment Law and VAT rate reductions are among the legal changes announced at this year's meeting Every year about this time the National People's Congress (NPC) and the Chinese People's Political Consultative Conference meet to make...

Is China Going To Buy SAP?

Since it became public on 23 February that Mr. Li Shufu, founder of the Chinese car company ´Geely´, acquired 9.7 % of Daimler - the holding company of Mercedes-Benz - and by doing this became the biggest single shareholder, a new debate about invest...