CHINA IS NOW THE HUB OF GLOBAL SUPPLY CHAIN

Data of International Labour Organization shows that average wages in China had been doubled since 2006. Cheap labours, China's most traditional advantage in attracting cost-sensitive companies, have become less attractive. The stereotype of...

CHINA WFOE REGISTRATION: A BRIEF OVERVIEW

Commonly pronounced "Woof-y," the 'Wholly Foreign Owned Enterprise' which can also be abbreviated as WOFE, is a totally foreign owned limited company based in China.The foreign investors are limited to the investment that they put into the c...

Important Notice of Chinese Work Permit Just Announced

China's State Administration of Foreign Experts Affairs has announced a notice on December 7th. According to the document, all foreigners are required to submit their application for Chinese work permit renewal 30 days ahead of the expiratio...

sroom Government Increases HK Companies & Money Inspecti

Hong Kong came out new requirements for increasing companies and money inspections. All companies incorporated in Hong Kong are required to obtain and maintain up-to-date beneficial ownership information by way of keeping a Significant Contr...

2018 New Trading Policies You Should Know

In 2017, China has come out tremendous changes in the policies related to trading environments, bank accounts, Chinese visas. Foreigners met difficulties due to a lag of receiving effective and correct messages from the government....

These Foreigners Need More Documents for Chinese Work Permit

Chinese work visa policies continuously changed in 2017, from the new appointment system to more requirements for certain groups. In 2018, these new policies will be more mature in terms of implementation....

Lost Passport in China? No Worry, Follow This!

Lost passport in China is a terrible thing, here we collect related information about passport loss and found and visa reissue for you....

What need to you know about annual verificaton of Hong Kong

According to s.107 of the Companies ordinance, each HK company has to file an Annual Return in prescribed form annually. Of which, its contents includes details of the shareholder(s), director(s), secretary(ies), registered office, registere...

How to register a Honk Kong company in Zhongshan in 2017?

Usually, forming a company requires 6-7 working days. We have to check whether the proposed Chinese and English name is duplicated with an existing one. If it is not the case, then the proposed name can be used. On the contrary, to purchase ...

Breaking News! Four Middle-East Banks Just Blacklisted by Ch

An urgent notice was just released by Bank of China, four overseas banks were set into the blacklist of Bank of China....