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Annual Closing: Essential Procedures for a Smooth Transition
January 10, 2026
Businesses must prioritise preparations for the annual closing process, as it represents a critical stage in financial management and compliance. Annual closing encompasses a series …
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Navigating Chinese Accounting Standards & Compliance: A Guide for Foreign-Invested Enterprises
December 28, 2025
A solid grasp and strict adherence to Chinese Accounting Standards (CAS) are indispensable for foreign enterprises seeking sustainable success and seamless operations in China. These …
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Chinese Social Security Coverage for Expatriates
February 18, 2021
As China’s society continues to open up, and as travel resumes following Covid, it is expected that more and more expatriates are likely to look …
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What are IIT Equity Incentives for Expats Filing their Taxes in China?
January 29, 2021
China’s economic rebound in 2020 following their containment of Covid-19 continues to abate, and the Financial Times has shared that China’s growth by 6.5 per …
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What do Audits Do?
December 28, 2020
Most people may know about “accountants”, but don’t know what an “audit” is. On many occasions people have asked “what is an audit?”, others ask …
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The Importance of Reputation for Chinese Companies Overseas
December 14, 2020
LehmanBrown is happy to co-publish articles that it believes will be interesting to companies entering China or Chinese companies expanding overseas. Whilst as an accounting …
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How to Close a Company in China?
November 27, 2020
Closing a company in China can be complicated, and more so during Covid-19 and economic turmoil. China in the first quarter of 2020 saw many …
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Registering to China’s Cross-Border E-Commerce Platforms
November 19, 2020
Downloadable PDF here 2020 has seen a boom in E-Commerce in China because of new policies and regulations that expand the reach of its Cross-Border E-Commerce …
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Submission and Documentation for Transfer Pricing Report in China
November 12, 2020
Transfer pricing refers to the price set by affiliated enterprises when they sell goods, provide services and transfer intangible assets. In transnational economic activities, tax …
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China Business Snippet: New Possibilities in Beijing’s Pilot Free Trade Zone
October 27, 2020
Beijing has expanded the Pilot Free Trade Zone (FTZ) to include Beijing officially from September 24th. The FTZ comprised of three substantial areas Science-Tech Innovation, …
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China Business Snippets • August 24th, 2020
August 27, 2020
This snippets firstly talks about E-commerce in China, which has been doing surprisingly well with 742m annual shoppers purchasing from Alibaba, gaining a 34% increase …
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China Covid-19 Outbreak Snippets • August 14th, 2020
August 17, 2020
China is steadily coming out of lockdown, with some minor controllable outbreaks, as its economy recovers with business taking all safety measures to keep business …
